Gold Properties

The Matamec Gold division comprises 8 properties, with another 2 in the process of acquisition. The company focuses on acquiring high-potential properties in Québec and Ontario that share geological settings with gold mines in production. These include:

  • In the geological setting that hosts the Éléonore mine near James Bay in Québec:
    • The Sakami property, 50% owned by Matamec, covers the Opinaca-La Grande geological contact. Results from its Summer 2016 drilling campaign in the La Pointe Zone included 4.94 g/t Au over 21.05m
    • The Opinaca Gold West property, 100% owned by Matamec, is situated along the same geological formation as Goldcorp’s Éléonore gold mine where new gold potential along this trend has been identified. The claims block covers a series of geochemical gold-arsenic anomalies and geological elements that suggests the presence of a gold bearing system along approximately 40 km

  • Near the Casa Berardi mine north of Lasarre, QC, in the James Bay region:
    • The Casa Détour property, 100% owned by Matamec, a possible extension of the Burntbush-Detour Gold property just across the Ontario-Québec border

  • Along the stratigraphic rock formations east of the Hoyle Pond Mine in the world-class Timmins Gold Camp, an area that has produced more than 70 million ounces from large deposits that exceed 1,800m in depth:
    • Matamec owns a 50% interest in the Matheson JV property, which is contiguous to the operating Hoyle Pond Mine in Timmins, Ontario
    • The Matheson-Pelangio property, 100% owned by Matamec, also in the vicinity of the Hoyle Pond Mine north of the Destor-Porcupine Fault

  • In the promising setting of the historic Candego mine, in the Gaspé region:
    • The Valmont property hosts Pb-Zn-Ag-Au mineralization from the historic Candego mine and several gold-bearing vein systems, and is being explored for a Cu-Au porphyry system
Guy Desharnais, P.Geo., Ph.D. (OGQ No.1141), is a Qualified Person as per NI 43-101; he is employed by SGS Canada Inc., is independent of Matamec, and has reviewed and approved the technical content and of the properties in this section.