Matamec Explorations
Matamec Explorations Inc is a junior mining exploration company whose main focus is in developing the Kipawa deposit. It is also exploring more than 35km of strike length in the Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum mineralization on the surrounding Zeus property. A timely, high value and low cost mine is projected for early 2016.
The viability of the project is emphasized by:
- a simple mineralogy rich in the rarer heavy rare earths (HREEs);
- a well defined NI-43-101 compliant indicated and inferred resource with plenty of upside;
- a flat-lying ore body that extends to surface and is open pittable with a low strip ratio;
- an ore concentration process that eliminates 65% of the ore;
- a simple, low cost recipe for extracting the total rare earths as an oxide (TREO).
End users, such as the car industry, are interested in our critical metal content (such as dysprosium) and are capable of absorbing most of our product.
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