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Royal Acquisitions and Development Forms Joint Venture Partnership

Posted on: Monday, 12 November 2007, 18:00 CST

RQST, a publicly traded pink-sheet stock (OTCBBPK:RQST), and Dorado Property Holdings, a Tampa, FL and Mexico City, Mexico based land-holdings company, have formed a Joint Venture partnership for a gold mining venture in Sonora, Mexico, which is centrally located in the Sierra Madre Gold Belt--a highly valued and mineral rich resource area in the states of Sonora and Chihuahua.

While RQST brings forth the ability to raise much needed capital for the exploration and mining efforts, Dorado Holdings brings forth a very large property that is prominently located in the "Golden Triangle" of the Sierra Madre Gold Belt. The "Golden Triangle" being rich and proven mineral reserves located at the neighboring Mulatos/Alamos Gold(TSX:AGI), Dolores/Minefinders(AMEX:MFN), and El Sausel/Goldcorp(NYSE:GG) mines.

Additionally, Dorado Holdings brings forth an exclusive 50 year mineral and surface rights contract for this land holding which is controlled under single ownership.

RQST is in the process of contracting with a highly respected and much sought after geological company with specific expertise in and around the land holdings of RQST/Dorado. This company has the expertise and a wealth of local experience in order to deliver crucial assay data for initial mining activities.

Never before has an opportunity existed for gold mining in Mexico that carries such clear ownership over property, mineral, and surface rights as this current Joint Venture partnership between RQST and Dorado Holdings.

RQST, Inc. and its wholly owned subsidiaries are engaged in the acquisition of land, exploration, development and extraction of precious metals. In addition, the company is currently in the process of appraising and acquiring additional properties in Mexico, as well as Nevada, Utah and Arizona.

About Royal Acquisitions and Development, Inc. The company specializes in the development of mining, real estate and other equitable acquisitions. The company currently has 4,813,680 shares issued and outstanding.

"Safe harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as TI or its management "believes,""expects,""anticipates,""foresees,""forecasts,""estimates," or other words or phrases of similar import. Similarly, statements in this release that describe our business strategy, outlook, objectives, plans, intentions or goals are also forward looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

Source: Business Wire

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