GQC GoldQuest Mining Corporation

GoldQuest Mining Corp. (TSX VENTURE: GQC)(FRANKFURT: M1W) ("GoldQuest" or the "Company") would like to take this opportunity to remind shareholders that the Company will be holding its Annual Meeting of shareholders in Vancouver on Thursday, June 30, 2011, as announced in a press release dated May 27, 2011.

The Information Circular, form of Proxy, and other meeting materials have been mailed to shareholders and are available for viewing and download under GoldQuest's issuer profile at www.sedar.com and on GoldQuest's website at www.goldquestcorp.com.

On behalf of the Board of Directors,

Julio Espaillat, President & Chief Executive Officer

About GoldQuest

GoldQuest is a Vancouver based mineral exploration company with projects in Spain and the Dominican Republic, traded on the TSX-V under the symbol GQC.V and in Frankfurt / Berlin with symbol M1W, with 103,508,601 shares outstanding. The recent trading range has been C$0.19 to C$0.40.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Contacts: GoldQuest Mining Corp. Julio Espaillat President & Chief Executive Officer +1 809 385 2222 jespaillat@goldquestcorp.com GoldQuest Mining Corp. Dan Maarsman Investor Relations - Vancouver, Canada +1-604-632 4333 investorrelations@goldquestcorp.com www.goldquestcorp.com