Great Quest Receives Escrowed Shares

Victor J.E. Jones, Chairman and CFO of Great Quest Metals Ltd. (TSX
VENTURE:GQ)(FRANKFURT:GQM), is pleased to report the release of all of the 1.9
million Avion Gold Corporation ("Avion") (TSX VENTURE:AVR) shares placed in
escrow pursuant to the transaction on its Kenieba gold concessions with Avion
and the grant of the Comifa concession permit (GQ News - January 10, 2011).


The former Great Quest Kenieba concessions now comprise part of the Avion gold
Tabakoto-Segala project, reported to have produced 87,661 ounces of gold in
2010. Under the agreement with Avion, Great Quest is to receive further payments
of up to $2.1 million based on gold production from its former Kenieba
concessions greater than 400,000 ounces, payable in increments of $700,000 for
each additional 50,000 ounces production. If production from the concessions
exceeds 600,000 ounces Avion would be required to make up to a further $ 1.4
million in payments to complete its obligations under the agreement for a total
production bonus of $3.5 million.


Proceeds from the Kenieba transaction have been used to expand the Company's
exploration activities in Mali where it now holds several concessions and
drilling permits for its 737 sqkm Tilemsi Phosphate project and Sanoukou gold
concession.


ON BEHALF OF THE BOARD OF DIRECTORS OF GREAT QUEST METALS LTD.

Victor J.E. Jones, Chairman

12g3-2(b) Exemption #82-3116

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The statements that are not historical facts and are forward-looking statements
involving known and unknown risks and uncertainties could cause actual results
to vary materially from the targeted results.