NR: Positioning of Matamec's Heavy Rare Earths Kipawa Deposit

Welcome To The Matamec Exploration Inc. HUB On AGORACOM

Matamec Explorations Inc. is a junior mining exploration company whose main focus is in developing the Kipawa heavy rare earths deposit.

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Moneytospend

Rank: Vice President [?]

Points: 11424 [?]

Votes: 188 Score: 3.2 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

NR: Positioning of Matamec's Heavy Rare Earths Kipawa Deposit

posted on Nov 18, 2010 04:17PM

Positioning of Matamec's Heavy Rare Earths Kipawa Deposit

MONTREAL, QUEBEC, Nov 18, 2010 (MARKETWIRE via COMTEX News Network) --

Matamec Explorations Inc. ("Matamec" or the "Company")(TSX VENTURE: MAT) announces that at the 6th international rare earths conference that was held between November 9th to 11th 2010, Judith Chegwidden (Roskill) and Dudley J. Kingsnorth (Industrial Minerals Corporation of Australia) have identified five deposits of heavy rare earths in their presentation entitled "Rare Earths: Facing the Uncertainties of Supply": Dubbo (Australia), Nechalacho (Canada), Strange Lake (Canada) , Bokan-Dotson Ridge (USA) and Kipawa (Canada). Furthermore, Mr. Yasushi Watanabe (National Institute of Advanced Industrial Science and Technology) highlighted, at this same conference, that the Japanese government and private sectors are looking for sources of rare earths outside of China, particularly heavy rare earths deposits. These sources must be timely, compact and inexpensive projects.

In addition, on November the 2nd and the 11th, Gareth P. Hatch (Technology Metals Research), who is independent of Matamec, ranked the Kipawa deposit third, when comparing it with 13 advanced rare earths projects out of a total of 251 projects worldwide, for its potential for exploitation on the basis of the proportion of critical REEs present.

About Matamec

Other than its focus on the development of the Kipawa deposit and exploration for other showings of rare earths-yttrium-zirconium-niobium-tantalum on its Zeus property, Matamec's exploration strategy is to discover gold deposits, base metals and platinum group, as well as rare metals.

For gold, the company explores in the prolific mining camp of Timmins, Ontario, of which the main target is the Matheson JV with Goldcorp Canada Ltd. and Goldcorp Inc.

In Quebec, the Company is exploring for lithium and tantalum on its Tansim property and for precious and base metals on its Sakami, Valmont and Vulcain properties. As well, it is exploring for gold together with Northern Superior Resources Inc. on the Lesperance/Wachigabau property.

3 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply