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MetalQuest Mining Inc V.MQM

Alternate Symbol(s):  MQMIF

MetalQuest Mining Inc. is a Canada-based exploration stage company engaged in the acquisition, exploration, and development of mineral properties. The Company’s Lac Otelnuk Iron Ore project is an iron ore project in North America situated in Labrador Trough, Northern Quebec, Canada. It owns about 306 mining claims located in Nunavik, Quebec. Its Murray Brook Project is a polymetallic, volcanic hosted massive sulfide deposit and is a NI43-101 compliant mineral resource in the Bathurst Mining Camp. The Murray Brook property consists of Mining Lease 252 and contiguous Mineral Claim Block 4925 (245 claims). The Murray Brook property is located approximately 60 kilometers (km) west of Bathurst, New Brunswick, in Restigouche County, within the BMC.


TSXV:MQM - Post by User

Bullboard Posts
Post by Almelindaon Jul 23, 2007 8:47am
149 Views
Post# 13132822

Today''s News..............

Today''s News..............El Nino identifies two copper zones in DRC permits El Nino Ventures Inc (C:ELN) Shares Issued 20,986,953 Last Close 7/20/2007 $0.85 Monday July 23 2007 - News Release Mr. Jean Roy reports EL NINO COMPLETES REMOTE SENSING SURVEY ON ITS RESEARCH PERMITS IN THE DEMOCRATIC REPUBLIC OF CONGO (DRC) AND IDENTIFIES FOUR (4) COPPER MINERALIZED ZONES Based on the preliminary report of a remote sensing survey conducted by Hamilton Hycroft Energy Inc (HHE), four copper mineralized anomalous zones have been identified on El Nino Ventures Inc.'s newly acquired research permits in the Democratic Republic of Congo (DRC). For this survey, HHE applied the infrared imaging spectrometer (IRIS) technology using hyperspectral images which can recognize and map particular types of vegetation or diagnose minerals associated with ore deposits. According to this survey the four copper mineralized anomalous zones identified are of the following size: Zone 1 covers an area of 3.2 kilometres by 2.28 kilometres; Zone 2 covers an area of 4.1 kilometres by 1.14 kilometres; Zone 3 covers an area of 1.1 kilometres by 1.1 kilometres; Zone 4 covers an area of 2.28 kilometres by 0.68 kilometre. The centre of zone 1 is exactly coincident with known and confirmed copper artisanal workings. All four areas confirm the geological interpretation of the area by the company. Jean Luc Roy, president of El Nino, stated: "These preliminary results are very encouraging in our quest of exploring and ultimately putting together a copper mining operation in the DRC. The fact that these results coincide perfectly with known copper artisanal workings is a strong indicator of the benefits, in using this method in our exploration efforts." The remote-sensing survey will be followed up by an airborne geophysical survey and a ground prospecting program to be conducted in the next few weeks followed by a drilling campaign of the best copper occurrences. Benoit Violette, PGeo, consulting geologist and a qualified person, under National Instrument 43-101, has reviewed this press release after it was prepared by El Nino's management. ) 2007 Canjex Publishing Ltd.
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