Last C$0.07 CAD
Change Today 0.00 / 0.00%
Volume 502.5K
MAT On Other Exchanges
Symbol
Exchange
Venture
OTC US
Frankfurt
As of 3:59 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

matamec explorations inc (MAT) Snapshot

Open
C$0.07
Previous Close
C$0.07
Day High
C$0.07
Day Low
C$0.07
52 Week High
09/4/13 - C$0.26
52 Week Low
08/15/14 - C$0.07
Market Cap
8.4M
Average Volume 10 Days
227.4K
EPS TTM
C$-0.02
Shares Outstanding
120.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MATAMEC EXPLORATIONS INC (MAT)

Related News

No related news articles were found.

matamec explorations inc (MAT) Related Businessweek News

No Related Businessweek News Found

matamec explorations inc (MAT) Details

Matamec Explorations Inc., a junior mining exploration company, engages in the acquisition, exploration, evaluation, and development of mining properties in Canada. It explores for gold, precious metals, platinum group metals, base metals, rare metals, and rare earths. The company holds interests in various properties that consist of 1,459 mining claims covering an area of 81,028 hectares in Quebec and 97 claims covering 1,429 hectares in Ontario. It primarily focuses on the exploration and development of the REE-yttrium-zirconium Kipawa property located in Temiscaming, south-western Quebec. Matamec Explorations Inc. was incorporated in 1997 and is headquartered in Montreal, Canada.

Founded in 1997

matamec explorations inc (MAT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$242.4K
Chief Financial Officer, Treasurer, Secretary...
Total Annual Compensation: C$105.0K
Vice President of Exploration, Director and M...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

matamec explorations inc (MAT) Key Developments

Canada Strategic Metals, Inc. and Matamec Explorations Inc. Report Results from Holes PT-14-81 to PT-14-83

Canada Strategic Metals, Inc. and Matamec Explorations Inc. reported the results from holes PT-14-81 to PT-14-83, drilled in March and April during the latest exploration program on the Sakami gold property. The new results confirm the extension of the Zone 25 gold mineralization envelope to the west, to the northwest and at depth. The recent results also confirm that the contact corridor between the Opinaca-La Grande volcano-sedimentary sub-provinces is fertile for significantly-enriched gold mineralization. This horizon has now been traced over a strike length of more than 200 metres and to a depth of more than 425 metres along its plunge. The latest drilling program on the Sakami property consisted of a total of 2,913 metres in 11 holes; results for the last three holes, drilled along strike and plunge from Hole PT-14-79, are describe below. The last two drilling programs by Strategic Metals have confirmed and enhanced the potential of the northeast and depth extensions of Zone 25, which remains open in all directions. The program was aimed at increasing the size of the main gold zone (Zone 25) to the west-northwest, as well as its extension at depth. Zone 25 is in the La Pointe sector of the Sakami property. The program completed the testing of Zone 25 over a strike length of more than 200 metres and to a depth of over 425 metres along its plunge. The holes were spaced at 50 metres. The Company has received the assay results for three additional holes, PT-14-81 to PT-14-83, drilled in March and April as part of the program. These holes were planned to test the extension of the mineralized zone to the west and northwest, as well as down dip. They all returned gold-bearing intersections with significant gold grades with 2.58 g/t Au over 4.60 metres for hole PT-14-81, 1.43 g/t over 40.25 metres, including 3.58 g/t Au over 8.55 metres and 5.12 g/t Au over 4.05 metres for Hole PT-14-82 and 1.06 g/t Au over 55.50 metres, including 3.54 g/t Au over 12.00 metres for Hole PT-14-83.

Canada Strategic Metals Inc. and Matamec Explorations Inc. Reports Results from Holes PT-14-76 to PT-14-80

Canada Strategic Metals Inc. and Matamec Explorations Inc. reported the results from holes PT-14-76 to PT-14-80, drilled in March and April during the latest exploration program on the Sakami gold property. The new results confirm the extension of the Zone 25 gold mineralization envelope to the west, to the northwest and at depth. The recent results also confirm that the contact corridor between the Opinaca-La Grande volcano-sedimentary sub-provinces is fertile for significantly-enriched gold mineralization. This horizon has now been traced over a strike length of more than 200 metres and to a depth of more than 375 metres along its plunge. The latest drilling program on the Sakami property consisted of a total of 2,913 metres in 11 holes; results for the last three holes, drilled along strike and plunge from Hole PT-14-79, are still pending. The program was aimed at increasing the size of the main gold zone (Zone 25) to the west-northwest, as well as its extension at depth. Zone 25 is in the La Pointe sector of the Sakami property. The program completed the testing of Zone 25 over a strike length of more than 200 metres and to a depth of over 425 metres along its plunge. The holes were spaced at 50 metres. The Company has received the assay results for five additional holes, PT-13-76 to PT-13-80, drilled in March and April as part of the program. These holes were planned to test the extension of the mineralized zone to the west and northwest, as well as down dip. They all returned gold-bearing intersections with significant gold grades, particularly Hole PT-14-79, which returned 2.51 g/t Au over 48.20 metres, including 6.93 g/t over 12.00 metres, 11.35 g/t Au over 6.00 metres and 3.06 g/t Au over 7.50 metres.

Canada Strategic Metals Inc. and Matamec Explorations Inc. Reports the First Results from the Recent Drilling Program on the Sakami Gold Project

Canada Strategic Metals Inc. and Matamec Explorations Inc. reported the first results from the recent drilling program on the Sakami gold project. These new results confirm the extension to the West, Northwest and at depth of the Zone 25 envelope of gold mineralization. The program consisted of eleven holes for a total of 2,913 metres of drilling. The program is aimed at increasing the size of the main gold zone (Zone 25) to the west-northwest, as well as its extension at depth. Zone 25 is in the La Pointe sector of the Sakami property. Once this program is complete, Zone 25 will have been tested over a strike length of more than 200 metres and to a depth of over 425 metres along its plunge. The holes are spaced at 50 metres. To date, the company has received the assay results for the three first holes, PT-13-73 to PT-13-75, drilled during the December program. These holes were planned to test the extension of the mineralized zone to the west and northwest, as well as down dip. All three holes returned wide gold-bearing intersections, including 1.46 g/t Au over 21.85 metres from Hole PT-13-73, including 2.16 g/t over 12.00 metres, 2.30 g/t Au over 26.35 metres, including 3.80 over 8.80 metres and 5.18 g/t over 4.80 metres from hole PT-13-74, and 2.40 g/t Au over 7.15 metres from Hole PT-13-75. All mineralized intersections and gold assay results from the recent program received to date are shown below.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MAT:CN C$0.07 CAD 0.00

MAT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for MAT.
View Industry Companies
 

Industry Analysis

MAT

Industry Average

Valuation MAT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 0.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MATAMEC EXPLORATIONS INC, please visit www.matamec.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.