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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 owns 100% of Lac Otelnuk Iron Ore Project, which is located in Quebec’s Labrador Trough and is approximately 165 km by air northwest of the Town of Schefferville, and 1200 km northeast of Montreal by air. It owns about 306 mining claims located in Nunavik, Quebec. The Company also owns 2.5 million units of Canadian Copper (CCI) and two NSR royalties totaling 1% in Murray Brook PEA Stage Zinc-Polymetallic Deposit, situated in the Bathurst Mining District, New Brunswick, Eastern Canada. It is further looking to develop one of the largest iron ore projects in North America. The Company is focusing its efforts on developing and growing its asset base. The Company also focuses on pursuing acquisitions globally.


TSXV:MQM - Post by User

Bullboard Posts
Post by mallgirlon Nov 12, 2010 4:47pm
391 Views
Post# 17700653

Company Contact

Company ContactI received a response from my email to the company.  I'll post more detailed info later. 

As far as the extensive New Brunswick exploration work, the company stated that work has already begun with respect to the Votorantim JV, and that they've requested quarterly updates on their exploration activities.  ELN will issue news releases accordingly as they receive information from Votorantim. Of note, they are also pursuing a number of property acquisitions in Africa, internationally as well as domestically.  They are not intending on acquiring any more projects in the DRC, given their most recent experiences there.  They are also quite confident that they will win their legal proceedings over the manager of their JV partnership in the DRC.  Their project their (which has very impressive base metal grades over significant widths) remains in good standing until the legal matters are settled.

Maybe I won't have to post later.  Whew. 



Bullboard Posts