MetalQuest Mining Publishes Third ESG/Sustainability Report for 2025

Executive Summary

• MetalQuest Mining released its 2025 ESG/Sustainability Report, highlighting minimal emissions from early‑stage desktop work and reaffirming commitment to stakeholder engagement.
• The company disclosed several material strategic actions: acquisition of the ROF‑1 critical minerals land package in Ontario’s Ring of Fire, a new Exploration & Pre‑Development Agreement with the Naskapi Nation, a Gap Analysis agreement with AtkinsRéalis for the Lac Otelnuk Feasibility Study, and ongoing royalty arrangements and PEA work on the Murray Brook deposit.
• MQM announced ownership of 1.8 million free trading shares and 2.5 million warrants in Canadian Copper (CCI) and outlined upcoming PEA release expectations for early‑2026.

Key Details

• ESG/Sustainability Report for 2025 is now publicly available on the company’s website under the ESG tab.
• Emissions from project activities are described as “immaterial and minimal,” limited to routine office work; no formal quantification performed.
• Exploration & Pre‑Development Agreement: Signed with the Naskapi Nation of Kawawachikamach (December 12 2023).
• Gap Analysis Agreement: June 2025, AtkinsRéalis engaged to review and update the 2015 Lac Otelnuk Feasibility Study.
• ROF‑1 Acquisition (Dec 3 2025): 1,034 claims (~20,800 ha) in Ontario’s Ring of Fire; targets VMS‑style mineralization and additional corridors.
• Fishhook Polymetallic Project: Added to MQM’s Ring of Fire portfolio as a second step in the multi‑project strategy.
• New Age Metals Partnership: Combined holdings now total ~62,800 ha (3,067 claims) with a 1.0 % NSR and 0.5 % buy‑back provision; ongoing evaluation of further acquisitions.
• Upcoming Work (Winter/Spring 2026): Systematic ground truthing, geophysical surveys, and environmental baseline studies at the newly acquired Superior Iron Project to refine drilling targets.
• Equity Holdings: ~1.8 million free trading shares and 2.5 million warrants (strike $0.125) of Canadian Copper (CCI); CCI share price $0.61 as of Jan 19 2026.
• Royalty & Cash Payment Arrangements: Two NSR royalties totaling 1 % on the Murray Brook PEA‑stage zinc‑polymetallic deposit; CCI must pay MQM a pre‑production cash payment of $1 million and may purchase half of a 0.33 % royalty for $1 million, leaving MQM with a 0.82 % perpetual royalty if exercised.
• PEA Update: MQM is completing a Preliminary Economic Assessment on processing the Murray Brook deposit at the Caribou Processing Complex; release expected in H1 2026.

Notable Quotes

“On behalf of the Board of Directors and management team, I am pleased to present MetalQuest Mining’s third annual ESG and Sustainability Report for the year 2025.” – Harry Barr, CEO & Chairman

“We have dedicated substantial time, effort, and resources toward building relationships and ensuring responsible project development.” – Harry Barr, CEO & Chairman