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MetalQuest Acquires a Second 22,000 Ha Property in the Ring of Fire, Northern Ontario, the Fishhook Polymetallic Project
(TheNewswire)   January 23, 2026 – TheNewswire - Rockport, Ontario –...

About this update from Metalquest Mining Inc
[{"type":"text","content":"MetalQuest Acquires a Second 22,000 Ha Property in the Ring of Fire, Northern Ontario, the Fishhook Polymetallic Project\n(TheNewswire)\n\n\n\n \n\n\nJanuary 23, 2026 – TheNewswire - Rockport, Ontario –\nMetalQuest Mining Inc. (TSX.V: MQM; OTCQB:\nMQMIF) (“MQM” or “Company”) is pleased\nto announce that it has acquired through staking the Fishhook Polymetallic Project, a volcanogenic\nmassive sulphide (“VMS”) and nickel-copper-platinum group metal\n(“Ni-Cu-PGM”) exploration property located\nin northern Ontario within the broader Ring of Fire geological\ncorridor, expanding the Company’s exploration\nportfolio. \n\n\n \n\n\nThe Fishhook Polymetallic Project is situated on the\nwestern margin of the Fishtrap Intrusive Complex, within the same\nregional volcanic–intrusive belt that hosts several significant\nmineral discoveries in the Ring of Fire. The Company has staked approximately\n1,094 contiguous mining claim cells covering ~22,000 hectares (54,360\nacres), securing a large, continuous land package that captures\nprospective volcanic stratigraphy, intrusive contacts, and multiple\nconductive trends identified by historical airborne geophysical\nsurveys.\n\n\n \n\n\nChairman and CEO Harry Barr\nstated, “We are seeing a convergence of factors in the Ring\nof Fire that we believe is highly compelling for shareholders, growing\ngovernment engagement, meaningful First Nations participation, and\nrenewed industry interest, including recent acquisitions by companies\nsuch as New Age Metals, one of MetalQuest’s significant\nshareholders. Our strategy is to position early\nby securing large, prospective land packages at low entry cost, and\nthe Fishhook Polymetallic Project does exactly that by giving\nMetalQuest district-scale exposure as momentum across the region\ncontinues to build.”\n\n\n \n\n\nHighlights\n\n\n \n\n\n\nMetalQuest has staked approximately 1,094 contiguous\nclaims covering ~22,000\nhectares (54,360 acres) in the Ring of Fire\nregion of northern Ontario. \n\n\n\nGrowing federal and provincial\ngovernment engagement, alongside increasing First Nations\nparticipation, is supporting infrastructure planning and renewed\nexploration momentum in the Ring of Fire. \n\n\n\nThe Fishhook...