Matamec Intersects Mineralized Zones up to 16.45 Meters Thick Grading

Matamec Explorations Inc. (TSXV:MAT) announced that it has received preliminary analytical results from the drill holes it completed this summer on rare earths-yttrium-zirconium (REE-Y-Zr) Kipawa deposit, located within the Zeus property in western Quebec.

The press release is quoted as saying:

These results are considered preliminary pending re-analysis of overlimit samples, currently in progress. Although the results are not yet complete, the preliminary results are presented in Table 1 below for the twenty (20) drill holes drilled during this program, KM-62 to KM-81. These drill holes, which total more than 2,115 meters, were mostly drilled down-dip from the previously drilled holes within the central part of the Kipawa deposit. The best preliminary result is 0.954% TREO (total rare earth oxides), with 38% HeavyREO+Y2O3/TREO and >0.717% ZrO2 over 16.45 meters in hole KM-78.

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