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MetalQuest Mining Inc V.MQM

Alternate Symbol(s):  MQMIF

Metals & Mining Industrial Metals & Minerals
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

MetalQuest Mining Inc
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Post by SergeBruneton Apr 03, 2013 11:04am
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Post# 21204669

Votorantim

Votorantim

ELN's venture partner is pretty much committed to the Brunswick area exploration.

They signed a deal announced yesterday with MLK to invest in exploration on their property to earn up to 70% with an option to buy up the entire property for 3M$.

https://www.cnsx.ca/Storage/1527/140477_CNSX_Form_7_-_MLK_Mar31-2013.pdf

MLK has therefore effectively monetized this asset over a 4 year period.  It was not strategic to them since they are focussing their energies in Newfoundland.

The present share price does not reflect the value here that's for sure.

IMO

SB

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities