Conquest Resources Ltd (CQR)

[NYBob]

Detour Gold is also hoping to expand its gold reserve by exploring
to the east of its main zone.
In September 2010, the miner entered into a joint venture
with Conquest Resources Ltd. ( TSX: V.CQR , Stock Forum )
pursuant to which Detour Gold has the right to earn
a 50% interest in Conquest’s Sunday Lake Property
by completing $1 million of exploration over the next
two years, including a minimum expenditure of $500,000
before September 30, 2011.

Sunday Lake comprises 13 square kilometers of mine leases
on the Sunday Lake Deformation Zone, the same volcanic-sediment
contact that extends into Trade Winds Ventures’ Block A property.

On March 7, 2011, Detour Gold said it has begun a 2,000-metre
diamond drilling program at Sunday Lake, in which the company
is planning a total of 10 exploration drill holes
from five drill target areas.

Also, in the same area, Conquest sold 100% of its
Aurora project to Detour Gold for $2 million in cash and
100,000 Detour shares, so Conquest shareholders will continue
to have a stake in Detour Gold’s success."