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          <ccc>XXXXXXXX</ccc>
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        <classId>C000031898</classId>
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      <regCik>0001142728</regCik>
      <regLei>549300Q7HIUTPQYL3D48</regLei>
      <regStreet1>16 RIMWOOD LANE</regStreet1>
      <regCity>COLTS NECK</regCity>
      <regStateConditional regCountry="US" regState="US-NJ"/>
      <regZipOrPostalCode>07722</regZipOrPostalCode>
      <regPhone>732-842-3465</regPhone>
      <seriesName>NORTHQUEST CAPITAL FUND INC</seriesName>
      <seriesId>S000011589</seriesId>
      <seriesLei>549300Q7HIUTPQYL3D48</seriesLei>
      <repPdEnd>2026-12-31</repPdEnd>
      <repPdDate>2026-03-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <totLiabs>12620.81</totLiabs>
      <netAssets>9278093.82</netAssets>
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      <assetsInvested>0.00</assetsInvested>
      <amtPayOneYrBanksBorr>0.00</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00</amtPayOneYrCtrldComp>
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        <name>Intuit, Inc.</name>
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      <invstOrSec>
        <name>NVIDIA Corp.</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA Corp.</title>
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        <name>Parker-Hannifin Corp.</name>
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        <name>S&amp;P Global, Inc.</name>
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        <name>Stryker Corp.</name>
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        <title>Stryker Corp.</title>
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        <name>The Home Depot, Inc.</name>
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        <name>The Sherwin-Williams Co.</name>
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      <invstOrSec>
        <name>Vertiv Holdings Co.</name>
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        <title>Vertiv Holdings Co.</title>
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      </invstOrSec>
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    <signature>
      <ncom:dateSigned>2026-03-31</ncom:dateSigned>
      <ncom:nameOfApplicant>NORTHQUEST CAPITAL FUND INC</ncom:nameOfApplicant>
      <ncom:signature>/s/ Peter J. Lencki</ncom:signature>
      <ncom:signerName>Peter J. Lencki</ncom:signerName>
      <ncom:title>President</ncom:title>
    </signature>
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  <documents>XXXX</documents>
</edgarSubmission>
