Matamec Intersects 1.45% TREO Over 21 Metres on its Kipawa HREO-Y-Zr Deposit

Matamec Explorations Inc. (TSXV:MAT) announces that the first group of assay results has been received for the 2010-2011 diamond drilling program on the Kipawa HREE-Y-Zr deposit in western Quebec.

The press release is quoted as saying:

This 3,300 metres drill program started on December 1st 2010. Its main objective is the improvement of resource quality, moving the majority of inferred resources into the indicated category. This necessitates the completion of a 50m spacing drilling grid over most of the deposit, while portions of the western zone will be drilled at 25m centres to gain an even better understanding of the high-grade zone.

Click here to access the entire press release