January 30, 2012 (Source: Marketwire) --Matamec Explorations Inc. (TSX VENTURE:MAT)(OTCQX:MHREF) Kipawa PEA Highlights Very strong project economics: $606 million before-tax value (NPV8%); 36.9% before-tax Internal Rate of Return (IRR); $2.8 Billion revenue; $1.67 Billion Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA); A before-tax payback period in 2.4 years; CAPEX: $315.8 million (including contingency of $63.2 million
Continue reading "Matamec PEA Study Shows Robust Economics for the Kipawa HREE Project" »
January 27, 2012 (Source: Marketwire) -- (TSX VENTURE:MAT)(OTCQX:MHREF) - Matamec will be hosting a conference call and webcast to discuss the PEA highlights concerning its Kipawa HREE deposit on Monday, January 30, 2012 beginning at 11:00 AM EST. Participants may join the call by dialing toll free 1-800-954-0629 or 1-416-981-9000 for local calls or calls from outside
Continue reading "Webcast for Matamec's Kipawa HREE Deposit PEA Study January 30th, 2012 at 11:00 am EST" »
January 10, 2012 (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company) (TSX VENTURE:MAT) is pleased to announce that it has completed the recruitment and appointment of the following key individual who will form the core of its mine development group for the Kipawa Deposit.Mr. Bertho Caron has been appointed Vice President of Project Development and
Continue reading "Matamec Recruits Experienced Mine Construction Vice President" »
December 30, 2011 (Source: Marketwire) -- Matamec Explorations Inc.(Matamec or theCompany)(TSX VENTURE:MAT) is pleased to announce that the stock option plan was amended at the last Board of Directors meeting. Now a maximum of 12,000,000 shares may be issued in accordance with the stock option plan. This increase has received the regulatory approval. Matamec set up the
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Rare earth explorers could be in for a rude financial awakening as they try to secure off-take agreements for what they have in the ground, according to Matamec Explorations President Andre Gauthier. “Do you think any end-user of rare earths – based on how this market is evolving - would pay half a billion dollars cash for
Continue reading "Matamec's Toyota Deal Could Be the New Reality for the Rare Earth Sector" »
December 12, 2011 (Source: Marketwire) --Matamec Explorations Inc.(Matamec or theCompany) (TSX VENTURE:MAT) is pleased to announce that it has signed a non-binding Memorandum of Understanding (MOU) with Toyota Tsusho Corp. (TTC), the trading company of the Toyota Motor Group. TTC is interested in the Kipawa Heavy Rare Earths Deposit in order to secure a Heavy REE supply
Continue reading "Toyota Tsusho Corp. and Matamec Explorations Inc. Sign a MOU Concerning the Kipawa Heavy Rare Earths Deposit" »
November 17, 2011 (Source: Marketwire) --Matamec Explorations Inc.(Matamec or theCompany) (TSX VENTURE:MAT) has retained SGS Minerals Service in Lakefield, Ontario to operate the mineral processing and hydrometallurgical pilot plants for their flagship Kipawa project. The pilot plants are scheduled to be completed by mid-2012. Bench scale metallurgical testwork for the treatment of Kipawas unique Eudialyte ore has
Continue reading "Matamec Explorations Inc.: Pilot Plant Planned for Kipawa by Mid-2012" »
October 27, 2011 (Source: PR Newswire) -- OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the worlds largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Matamec Explorations Inc. (OTCQX: MHREF; TSX.V: MAT), a company focused on rare earths elements deposits, as well as gold, base, rare
Continue reading "Matamec Explorations Inc. Joins OTCQX" »
September 26, 2011 (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company)(TSX VENTURE:MAT) is pleased to announce the successful completion of two bench-scale purification and precipitation tests for the production of a mixed rare earth concentrate from the pregnant leached solution (PLS). The PLS is produced in a simple two step process: by magnetic separation and
Continue reading "Matamec on the Path to Precipitating Mixed Rare Earth Oxide" »
August 22, 2011 -- Montreal, Quebec (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company) (TSX VENTURE:MAT) has assessed the economic advantage related to the treatment of its Kipawa ore. Matamecs current optimized process (July 21, 2011) is shown to potentially reduce the cost of the sulphuric acid and limestone needed by over 90% and completely
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August 19, 2011 (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company) (TSX VENTURE:MAT) annual shareholders meeting was held on June 30th, 2011, in Montreal. The results are as follows: Andre Gauthier, Aline Leclerc, Laval St-Gelais, Normand Tamaro, Marcel Bergeron and Sylvie Prudhomme were re-elected as directors of the Company; The firm of Petrie Raymond –
Continue reading "Matamec Concludes AGM and Grants Stock Options" »
August 4, 2011 (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company)(TSX VENTURE:MAT) is pleased to announce additional results concerning its simple and low-cost proprietary leaching method for the lixiviation of the unique coarse grained Kipawa eudialyte ore. This straightforward process dramatically reduces the amount of heat, acid, water and time required in solubilising the rare
Continue reading "Matamec Outlines a Simple Metallurgical Process for the Kipawa Deposit" »
July 28, 2011 (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company)(TSX VENTURE:MAT) announces that the first phase of the summer field program on Matamecs HREE-Y-Zr Zeus property is completed. Analytical results will drive a second exploration phase later in the summer and fall. The goals of this program were to explore for extensions of the
Continue reading "Matamec Extends its Kipawa Deposit" »
July 21, 2011 (Source: Marketwire) -- Matamec Explorations Inc. (Matamec) or the Company(TSX VENTURE:MAT) is pleased to announce that it is now able to produce a pre-concentrate containing 90% of the contained yttrium in only 35% of the original ore mass of the Kipawa Deposit. This is significant in lowering the amount of acid required downstream and
Continue reading "Matamec Improves Economics of Kipawa Deposit With Metallurgy" »
July 7, 2011 (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company) (TSX VENTURE:MAT) would like to take the opportunity to provide additional information regarding its press release of Thursday, June 30, 2011. Infill drilling has upgraded the Kipawa Deposit resource and indicated resources have increased by 67% at a 0.2% TREO cut-off. The table below
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June 30, 2011 (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company) (TSX VENTURE:MAT) is pleased to announce an updated resource for the Kipawa Deposit. The indicated resources represent 76% of the total resources in the rare earths-enriched zones. The Kipawa Deposits resources of total rare earth oxide (TREO) in the rare earths-enriched zones now stand
Continue reading "Matamec Announces 63,850 Tonnes of Indicated and 17,780 Tonnes of Inferred TREO at Kipawa" »
June 23, 2011 (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company) (TSX VENTURE:MAT) is pleased to announce that the mineral resource model for its heavy rare earths-yttrium-zirconium Kipawa deposit is almost complete. The new mineral resource estimate will be presented at its AGM on June 30th. The press release will also be available at 2
Continue reading "Matamec to Present New Kipawa Mineral Resource Estimate at its AGM on June 30th" »
June 6, 2011 (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company) (TSX VENTURE:MAT) is pleased to announce updated results from a metallurgical test program to recover rare earths values from its Kipawa deposit on the Zeus property. The Companys objective is to develop a high value, low cost RE (rare earths) deposit in North America
Continue reading "Matamec Makes a Higher Value Rare Earths Concentrate from the Eudialyte Zone of the Kipawa Deposit" »
May 30, 2011 (Source: Marketwire) -- With great sadness Matamec Explorations Inc. (TSX VENTURE:MAT) (Matamec) has learned of the death of Les Heymann, P.Eng. Matamec expresses its deepest sympathy to Les Heymanns wife, Lesley, to his family and to the many friends and colleagues that he has left behind. Matamec, and the numerous other rare earth mining
Continue reading "Matamec Continues Its Metallurgical Optimization Tests Without Les Heymann" »
March 24, 2011 (Source: Marketwire) -- Matamec Explorations Inc. (Matamec)(TSX VENTURE:MAT) is pleased to announce that assay results have been received for a further seventeen DDH on its 2010-2011 diamond drilling program on the Kipawa HREE-Y-Zr deposit in western Quebec. All preliminary results for this campaign have now been received.The drill program started on December 1, 2010
Continue reading "Matamec Intersects 0.73% TREO (40% HREO+Y2O3) Over 18.8 Metres on its Kipawa HREO-Y-Zr Deposit" »
March 8, 2011 (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company)(TSX VENTURE:MAT) is pleased to announce the results of its metallurgical test work to recover of the rare earth and zirconium values from the Eudialyte zone of its Kipawa deposit on the Zeus property. A physical method developed at SGS Mineral Services laboratory in Lakefield,
Continue reading "Matamec Yields Overall Recoveries of Rare Earths of About 81% from Eudialyte Zone of the Kipawa Deposit" »
October 5, 2010 -- MONTREAL, QUEBEC (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company)(TSX VENTURE:MAT) is pleased to announce that continued exploration in the Falaises area of its Zeus property has led to the discovery of three new showings: Falaises A1, Medium Falaises and Coin (best value of 2.35% TREO and 9.7% ZrO2). In addition,
Continue reading "Matamec Discovers 3 New TREO Showings in the Falaises Area" »
September 20, 2010 -- Montreal, Quebec(Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company)(TSX VENTURE:MAT) is pleased to announce that continued exploration on its TH showing has lead to a significant increase of its overall size. The best reported values are 6.48% TREO, 3.32% ZrO2 and up to 72% + HeavyREO Y2O3/TREO on certain samples.
Continue reading "Matamec Discovers up to 6.48% TREO and 72% + HeavyREO+Y2O3/TREO on the TH Showing" »
Matamec Explorations Inc. (Matamec or the Company) (TSX VENTURE: MAT) is pleased to announce that it has retained the services of the Mine and Mineral Processing team of the engineering firm Roche to assist in the development of its rare earths-yttrium-zirconium Zeus project. The Roche team will consist of professionals experts known in the mining industry: --
Continue reading "Matamec Retains Engineering Firm Roche Ltd, Consulting Group, to Assist in the Development of Its Rare Earth-Yttrium-Zirconium Zeus Project" »
September 2, 2010 (Source: Marketwatch) -- MONTREAL, QUEBEC, Sep 02, 2010 (MARKETWIRE via COMTEX) -- Matamec Explorations Inc. (Matamec or the Company) (TSX VENTURE: MAT) is pleased to announce that it has identified 2 large rare-earth and niobium anomalies during its soil sampling campaign in the Surprise showing area. The Surprise showing is located in the eastern
Continue reading "Matamec Identifies 2 Large Rare-Earths and Niobium Soil Anomalies in the Surprise Showing Area" »
August 26, 2010 -- MONTREAL, QUEBEC (Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company - TSX VENTURE:MAT) is pleased to announce that it has stripped and channel sampled the Surprise showing, located in the eastern part of its rare earths-yttrium-zirconium Zeus property (see Figure 1).
Continue reading "NEWS: Matamec has Samples Analyzed From the Surprise Showing" »
MONTREAL, QUEBEC, Aug 19, 2010 (Source: MARKETWIRE) -- Matamec Explorations Inc. (Matamec or the Company)(CA:MAT 0.16, +0.01, +3.33%) is pleased to announce that it has discovered a train of boulders around and upslope from the bedrock Surprise showing, located on the Zeus property. From this train, six samples were collected for analysis. These samples are characterized by
Continue reading "NEWS: Matamec Discovers Boulders Containing Up to 86% HeavyREO+ Y2O3/TREO and 6.96% Niobium" »
Aug 09, 2010 -- MONTREAL, QUEBEC (Source: MARKETWIRE) -- Matamec Explorations Inc. (Matamec or the Company) (TSX VENTURE: MAT) is pleased to announce that the Matamec research doing metallurgical testwork has successfully recovered rare earth, yttrium and zirconium values from eudialyte concentrates originating at its Zeus property. This is a significant result because REE-Y-Zr were considered very
Continue reading "NEWS: Matamec Successfully Recovered REE-Y-Zr Values from Eudialyte Concentrates From the Kipawa Deposit" »
August 4, 2010 -- MONTREAL, QUÉBEC ( Source: Marketwire) -- Matamec Explorations Inc. (Matamec or the Company) (TSX VENTURE:MAT) is pleased to announce that it has completed in mid-July a trip to Asia as part of a mission organized by Investissement Québec and the Ministère des Ressources Naturelles et de la Faune (MRNF).The goal of the mission
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We started the month off with Australia reconsidering their tax strategy by possibly offering a mine-exploration tax incentive. We added RareMetalStock.com as well for a convenient way to follow the stock prices in the industry. We also continue to see the events unfold in the in the Chinese REE supplies as China Circles the Rare Earth Wagons.
Continue reading "Week(s) in Review: July 1 - July 17" »
July 14, 2010 -- MONTREAL, QUEBEC (Source: Marketwire) -- MATAMEC EXPLORATIONS INC. (Matamec or the Company - TSX VENTURE:MAT) is pleased to announce that its second NQ sized drilling campaign, of a proposed 2000 m, has begun on the heavy rare earths-yttrium-zirconium Kipawa deposit, located on the Zeus property. The first two drill holes: 10-KM-62 and 10-KM-63
Continue reading "NEWS: Matamec Begins its 2nd Drilling Campaign on the Heavy Rare Earths-Yttrium-Zirconium Kipawa Deposit" »
July 8, 2010 -- MONTREAL, QUEBEC (Source: Marketwire) -- MATAMEC EXPLORATIONS INC. (Matamec or the Company)(TSX VENTURE:MAT) is proud to announce the completion of a private placement with Sodémex II, s.e.c. on June 29th, 2010. Pursuant to which a total of 468,750 common shares of the Company were issued at a price of $0.16 per share for
Continue reading "NEWS: Matamec Closes a Private Placement With Sodemex II" »
June 22, 2010 -- MONTREAL, QUEBEC (Source: Marketwire) -- MATAMEC EXPLORATIONS INC.(Matamec) (TSX VENTURE:MAT) is proud to announce the completion of a private placement with the MineralFields Group for gross proceeds of $840,000 consisting of a total of 4,200,000 flow-through units at a price of $0.20 per unit. The private placement closed on June 21, 2010. Each
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June 17, 2010 -- MONTREAL, QUEBEC (Source: Marketwire) -- MATAMEC EXPLORATIONS INC. (Matamec) (TSX VENTURE:MAT) is proud to announce that it has decided to investigate the possibility to be a potential source of low-production cost and environmentally friendly strategic and green metals, such as rare earths-yttrium and zirconium. In this context, Matamec continues exploration of its Kipawa
Continue reading "NEWS: Matamec Evaluates its Potential Rare Earths-Yttrium and Zirconium Markets and Investigates the Possibility to Be a Potential Supplier of Strategic and Green Metals" »
June 3, 2010 -- MONTREAL, QUEBEC (Source: Marketwire) - This document corrects and replaces the release sent earlier today at 11:13 AM EDT. There was an error in the Scenario 2 : ZrO2 resources with TREO by-product table. MATAMEC EXPLORATIONS INC. (Matamec) (TSX VENTURE:MAT) is proud to announce that it has received from the independent firm SGS
Continue reading "NEWS: Matamec Announces an Increase in All NI 43-101 Resource Categories of 300% in the Kipawa Deposit" »
April 26, 2010 -- Montreal, PQ (Source: Marketwire) - Matamec Explorations Inc. (Matamec) (TSX VENTURE:MAT) is pleased to announce that it has begun acid bake test work aimed at recovering the Rare Earths and Zirconium from the Eudialyte zones of its Kipawa deposit, located on the Zeus property. This work, being conducted at SGS Lakefield, is in
Continue reading "NEWS: Matamec's Early Stage Metallurgical Work on the Kipawa Deposit" »
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