Matamec Explorations Inc. is a junior mining exploration focused on two main axes of development: gold, and key elements for technologies related to energy with properties containing, among others, lithium (Tansim-100% owned), cobalt (Fabre-100% owned), nickel (Vulcain-100% owned) and rare earths (Kipawa-72% owned).
Matamec’s main focus is the development of the Kipawa Heavy Rare Earth Elements (HREE) deposit, a joint venture owned at 72% by Matamec and 28% by Ressources Québec (acting as agent of the Government of Québec); Toyota Tsusho Corp. (Nagoya, Japan) holds a 10% royalty on net profit in the deposit.
In addition to the activities in energy sector, Matamec is exploring for gold, with three properties: HMR (1% NSR), Matheson JV (50% owned) and Pelangio (100% owned), located in the area of the Hoyle Pond Mine in Timmins (Ontario), as well as two in the Quebec Plan Nord region. These include Sakami (50% owned) and Opinaca Gold West (100% owned) properties in similar geological settings as the Éléonore Mine in James Bay (Québec).
Matamec was founded in 1997 and is based in Montreal, Quebec. Its President and CEO is André Gauthier, a seasoned mining professional with more than forty years’ experience in project exploration and development. For more information, please visit www.matamec.com.