August 21, 2012, Vancouver, BC – Quartz Mountain Resources Ltd. (“Quartz Mountain”) (TSX-V: QZM; OTCBB: QZMRF) is pleased to announce that it has closed the transactions previously announced on July 30, 2012. Quartz Mountain has acquired a 100% interest in the Galaxie Project.
About Quartz Mountain Resources Ltd.
Quartz Mountain Resources Ltd. is a Vancouver-based exploration company focused on making a major new deposit discovery in British Columbia. Quartz Mountain is associated with Hunter Dickinson Inc. (HDI), a diversified, global mining group with more than 25 years of mineral development success.