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MetalQuest Mining is expanding its operations into Ontario's Ring of Fire, acquiring the ROF-1 Project, which enhances its role in Canada's critical minerals sector. The company retains a significant position in Québec's Labrador Trough with the Lac Otelnuk Iron Project.

Ontario's government is advancing infrastructure projects to support mineral exploration. MetalQuest's share price has increased over 500% since January 2025, signaling growing investor interest as the company prepares for future exploration and development.