Dec 18 (Reuters) - Ausquest Ltd AQD.AX :
* SIGNS AGREEMENTS TO PROGRESS DRILLING OF COPPER PROJECTS IN PERU
* UNDER TERMS OF STRATEGIC ALLIANCE AGREEMENT, A BONUS GENERATION FEE OF US$500,000 IS NOW DUE AND PAYABLE TO AUSQUEST
Dec 18 (Reuters) - Ausquest Ltd AQD.AX :
* SIGNS AGREEMENTS TO PROGRESS DRILLING OF COPPER PROJECTS IN PERU
* UNDER TERMS OF STRATEGIC ALLIANCE AGREEMENT, A BONUS GENERATION FEE OF US$500,000 IS NOW DUE AND PAYABLE TO AUSQUEST