MetalQuest Mining Inc. (MQM) News
TSXV: MQM · Iron · Exploration stage
- Market cap$9.5M
- Share price$0.195
- 52-week range$0.075 – $0.400
- Shares outstanding48,947,024
- ExchangeTSXV
- Websitemetalquestmining.com
MetalQuest owns 100% of Lac Otelnuk Iron and Superior Iron projects. The Company is working to develop the iron projects as one of the largest in North America. The Lac Otelnuk Iron project is underlain by rocks of the Labrador Trough in northern Quebec, approximately 165 km northwest of the Town of Schefferville, and 1,200 km northeast of Montreal. Following a recent buy-back of a 1% interest in the underlying royalty, the combined royalty remains 2.5%. As approximately $120 million has been expended historically on the Lac Otelnuk Iron project, the Company has access to a vast amount of historical technical data. Going forward, one of the Company's primary objectives will be to continue to work with Naskapi First Nation of Kawawachikamach with whom an Exploration and Pre-Development Agreement was established in November 2023. An in-person meeting to update the Naskapi on the two iron projects was conducted in early June 2026.
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News for MetalQuest Mining Inc. (TSXV: MQM) on MineTerminal Pro.