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Matamec Explorations Inc. (TSXV:MAT, OTCQX:MHREF) announced three new heavy rare earth showings on the Zeus property.
Matamec Explorations Inc. (TSXV:MAT, OTCQX:MHREF) announced three new heavy rare earth showings on the Zeus property.
As quoted in the press release:
Certitude Nord showing: Located 2 km north of Certitude showing, has returned a grade as high as 5.36% TREO, 2.21% Y2O3, 9.42% ZrO2 and 4.191% Nb2O5 on grab samples. Manual stripping on Certitude Nord has returned intercepts of 0.24% TREO at 32% HREO/TREO, 0.06% Y2O3 and 1.26% ZrO2 on 11.1m, of 0.31% TREO at 29% HREO/TREO, 0.06%Y2O3 and 0.59% ZrO2 on 0.8m and 0.29% TREO at 46% HREO/TREO, 0.09% Y2O3 and 1.72% ZrO2 on 1.1m.
Makwa showing: Located 2.3 km north of Surprise Nord showing, has returned a grade as high as >15.95% TREO, 1.32% Y2O3, 0.24% Dy2O3, 3.13% Nd2O3 and 11.53% ZrO2 on grab samples.
Pakwa showing: Located 2.5 km north of Falaise showing, has returned a grade as high as >15.53% TREO, 2.10% Y2O3, 0.25% Dy2O3, 3.0% Nd2O3, 8.59% ZrO2 and 1.53% Nb2O5 on grab samples.
Matamec’s President and CEO, Andre Gauthier, said:
I am pleased to report to shareholders the Company is advancing on all fronts as we execute our strategy of becoming the next global heavy rare earth producer outside of China.
To view the whole press release, click here.
