Northquest Ltd. (TSX VENTURE:NQ) ("Northquest" or the "Company") announced today
that following an initial probationary period, Ms. Tanya Mahadeo of Toronto,
Ontario has been retained as Corporate Investor Relations Manager on a on-going
basis to assist the Corporation with investor relations activities for current
shareholders and potential investors. Ms. Mahadeo has extensive communication
and investor relations experience with Canadian public companies, including most
recently having worked for a Canadian public company listed on the Toronto Stock
Exchange. Ms. Mahadeo also maintains relationships with retail brokers,
investment firms, institutional funds, in Canada, the US and Europe. Services
provided by Ms. Mahadeo will focus on the investor communications, planning and
coordination of investment meetings, providing newswire services, and management
of communications material, with a view to achieving a high level of awareness
of Northquest in the investment community and to broaden the shareholder base. 


Ms. Mahadeo will be issued 100,000 stock options to purchase common shares of
the Company at $0.92 per common share, for a period of five years. One-third of
such stock options vest immediately, one-third shall vest on the first
anniversary of the date of grant, and one-third shall vest on the second
anniversary of the date of grant. On a going forward basis, she will also
receive an annual salary of $70,000, and shall be eligible to receive an annual
bonus on such terms as may be determined at the sole discretion of the board of
directors of the Company. The agreement shall continue for an indefinite period
and may be terminated (i) by Northquest for just cause; (ii) by Northquest upon
payment of one month's base salary for each year of service; or (iii) by Ms.
Mahadeo upon two-week's written notice. Ms. Mahadeo will not engage in market
making activities and will restrict her services to public relations and
investor relations counselling. 


The appointment of Ms. Mahadeo remains subject to the approval of the TSX
Venture Exchange. 


Northquest is a mineral exploration company focused on the acquisition,
exploration and development of properties for the mining of gold and other
minerals. 


Forward-Looking Statements

Certain information set forth in this news release may contain forward-looking
statements that involve substantial known and unknown risks and uncertainties.
These forward-looking statements are subject to numerous risks and
uncertainties, certain of which are beyond the control of Northquest, including,
but not limited to, the impact of general economic conditions, industry
conditions, volatility of financial markets and commodity prices, risks
associated with the uncertainty of exploration results and estimates and that
the resource potential will be achieved on exploration projects, currency
fluctuations, dependence upon regulatory approvals, and the uncertainty of
obtaining additional financing and exploration risk. Readers are cautioned that
the assumptions used in the preparation of such information, although considered
reasonable at the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on forward-looking statements.