Northquest Ltd. Files Technical Report

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TORONTO, March 24, 2014 /CNW/ - Northquest Ltd. (TSX-V: NQ) ("Northquest") is pleased to announce that it has filed a technical report with respect to its Pistol Bay property, entitled "Technical Report on the Pistol Bay Project of Northquest Ltd." (the "Technical Report").  The Technical Report has been prepared by Jon North, Ph.D., P.Geo., the President and Chief Executive Officer of Northquest, and is dated effective March 21, 2014.  The full text of the Technical Report is available on SEDAR at www.sedar.com and will also be posted on the Company web site www.northquest.biz.

Neither 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 release.

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, risks associated with the uncertainty of exploration results and estimates and that the resource potential will be achieved on exploration projects, legislative change, and the uncertainty of obtaining additional financing. 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.

SOURCE: Northquest Ltd.

Jon North, President and Chief Executive Officer, Tel. [phone], Mobile [phone], www.northquest.biz