El Nino Ventures (TSE:MQM) has released an update.
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MetalQuest Mining has been actively engaging with engineering firms, financial groups, regional port authorities, and Quebec Government organizations to advance the Lac Otelnuk Iron Ore Project in Quebec. A historic feasibility study from 2015 outlines a significant multi-billion-ton resource, and the project is fully owned by MQM without financial obligations like property payments or pre-royalty fees. Additionally, MQM has established an Exploration and Pre-Development Agreement with the Naskapi First Nation of Kawawchikamach, respecting the project’s location on traditional lands.
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