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.
The company is also exploring for gold, base metals and platinum group metals. Its gold portfolio includes the Matheson JV property located along strike and in close proximity to the Hoyle Pond Mine in the prolific mining camp of Timmins, Ontario.
In Quebec, the Company is exploring for lithium and tantalum on its Tansim property and for precious and base metals on its Sakami, Valmont and Vulcain properties. It is also exploring for gold in conjunction with Northern Superior Resources Inc. on the Lesperance/Wachigabau property.