An ice fishing rig comprises an integrally molded black plastics base member which has a base plate and a plug extending downwardly from the underside of the base plate for engaging and closing a drilled hole in the ice. An upstanding support integrally molded with base plate comprises a flat plate member with a handle hole on one side of which is supported a reel which a handle hole on one side of which is supported a reel which extends out over the base plate and carries a line which extends from the reel through a hole in the base plate in the plug into the water. The plug includes a tapered portion for engaging 6 inch or 8 inch holes and a cylindrical portion for engaging a 10 inch hole. A signalling flag is pivotally mounted on the upstanding support and a spring bias into a raised position. The flat can be latched beneath the handle of the reel so when the reel is rotated by a pull on the line the flag is released and springs to the signalling position.
