El Nino Ventures (TSE:MQM) has released an update.
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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