QuestEx Gold & Copper Ltd. announced another round of 2021 drill results from the Inel gold prospect on its 100% owned, 312 square kilometre ("km"), road accessible KSP property in British Columbia's prolific Golden Triangle district. Drilling in the AK Zone at Inel was designed to provide continuously sampled intervals from an area of historical drilling for inclusion within an anticipated inaugural National Instrument ("NI") 43-101 Mineral Resource Estimate that QuestEx expects to announce in Spring 2022. The AK zone is one of several high-grade gold ("Au") domains within the Inel prospect area where drilling conducted between 1989 and 1991 identified high-grade Au mineralization within a mineralized breccia at or near the lower contact of a monzonite dyke.

The four holes reported in this news release were drilled from a single pad in different orientations with three holes testing the AK Zone breccia (INDDH21-164, 165 and 166), and the fourth (INDDH21-167) as a northeast step-out of main zone Inel mineralization. All three drill holes testing the AK Zone intersected mineralized breccia and returned significant gold values. As well, INDDH21-167 intersected a zinc ("Zn")-rich lens at depth within an elevated Zn-Au-silver ("Ag") domain associated with a monzonite dyke.

Highlights of drilling include: INDDH21-164 tested the lower limb (Figure 3) of the AK breccia and intersected 5.00 metres ("m") of 18.30 g/t Au within 21.00 m of 5.44 g/t Au. INDDH21-166 tested the upper AK breccia and intersected 6.45 m of 7.40 g/t Au within a 23.35 m interval of 2.65 g/t Au. INDDH21-165 tested the northern extent of the upper AK breccia and intersected 25.3 m of 1.40 g/t Au.

INDDH21-164, 165, 166 and 167 intersected Zn-rich mineralization with elevated Au and/or Ag at depth beneath the AK breccia, e.g., 12.18 m of 1.74% Zn, 0.20 g/t Au, 9.9 g/t Ag (1.44 g/t AuEq*) in INDDH21-165.