Matador Mining’s Cape Ray Gold Project passes multiple milestones with ambitious new exploration season nearing
At the Angus deposit, Matador has made the first new gold discovery at the Cape Ray project in more than 20 years.
Company
AuMEGA Metals Ltd
ASX:MZZ
AuMEGA Metals Ltd is utilising best-in-class exploration to explore on its district scale land package that spans 110 kilometers along the Cape Ray-Valentine Shear Zone, a significant under-explored geological feature recognised as Newfoundland, Canada’s largest identified gold structure. This zone currently hosts Equinox Gold’s Valentine Gold Project, a multi-million-ounce deposit which is the region’s largest gold project, along with AuMEGA’s expanding Mineral Resource.
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Matador Mining expansion drilling hits 8 metres at 5.5 g/t gold as Window Glass Hill continues to grow
All results from the 2020 exploration season have been received and will be summarised before the company announces the 2021 exploration strategy scheduled for release early next quarter.
Matador Mining continues to "exceed expectations" with results from Cape Ray Gold Project
Drilling has delivered strong grades and widths, extensions to the east and better defined the geometry of high-grade domains within the existing Isle Aux Morts mineral resource area.
Matador Mining likely to discover a brand new +1 million ounce discovery at Cape Ray: Canaccord Genuity
Canaccord analysts Paul Howard and Tim McCormack believe the real prize of a brand new + 1 million ounces discovery at the company’s Cape Ray Gold Project remains likely in 2021.
Matador Mining discovers multiple new high-grade gold zones at Window Glass Hill deposit of Cape Ray
The intersection of higher gold grades over greater widths than anticipated within the existing mineral resource area demonstrates the upside potential of the resource.
Matador Mining hits 18 metres at 11 g/t gold in recent exploration drilling results at Cape Ray
Hole CRD162 is the highest-grade intersection drilled at Isle aux Morts and the best hole drilled by Matador on the project.
Matador Mining's Cape Ray Gold Project continues to produce the goods with up to 20 metres at 5.08 g/t
Exploration work at the Cape Ray Gold Project has successfully concluded for the 2020 exploration season with a total of 83 holes for 10,561 metres drilled.
Coffee with Samso: Exploring 120km of gold mineralisation - Matador Mining
The company is systematically exploring along a 120-kilometre-long strike at the Cape Ray Gold Project in Newfoundland, Canada.
Matador Mining appoints new joint company secretary
Both Stuart McKenzie and Carol Marinkovich will act as joint company secretaries for the company.
Matador Mining well-positioned to advance Canadian gold exploration plans for 2021
Looking forward, the company is focused on its exploration program across its landholding at Cape Ray with 12 targets expected to be drill tested next year.
Matador Mining rating reiterated by Canaccord Genuity as genuine greenfield discoveries remain likely
The company’s strategy is to prioritise growth through new greenfield discoveries while continuing to progress mineral resource extension and infill drilling in the known deposits.
Matador Mining’s drilling continues to expand mineralised footprints at Cape Ray Gold Project in Canada
Drilling also extends Window Glass Hill and Isle aux Morts mineralisation outside their existing mineral resource wireframes, with significant gold intercepts.
Matador Mining accelerates Cape Ray Gold Project on identifying 33 new targets
The gold explorer has identified 12 new top-priority exploration targets which, following additional groundwork, are expected to be drill tested in 2021.
Matador Mining adds to Cape Ray potential with gold discovery southwest of Window Glass Hill resource
Step-out drilling at Angus and further extensional drilling at the Window Glass Hill deposit is planned, along with drill testing of additional regional exploration targets.
Matador Mining strengthens board with appointment of experienced mining executive
Dr Nicole Adshead-Bell has been appointed a non-executive director and will support the company’s efforts to enhance its profile in North America and broaden its shareholder base.
Matador Mining scoping study shows potential: Canaccord Genuity
Post the June quarter, Matador raised $8.7 million via a placement to institutional, professional and sophisticated investors.
Matador Mining aims to maximise value of Cape Ray Gold Project
The company believes the Cape Ray Project shows great potential to become a gold operation in the future and is planning extensive exploration to expand the project's mine life.
Matador Mining boosts technical capabilities by appointing experienced geologist as exploration manager
Potma’s appointment positions the company to deliver on its target of identifying new discoveries across the Cape Ray tenements in Newfoundland, Canada.
Matador Mining is running with the gold bulls: Shaw and Partners
Shaw and Partners has initiated coverage on Matador with a Buy recommendation and an 80 cents per share price target.
Matador Mining focuses on expanding Cape Ray Gold Project resource base
Following quarter end the company set out its exploration strategy with the primary objective to grow the resource base through brown-fields expansion.
Matador Mining begins 12,000-metre diamond drill program at Cape Ray Gold Project in Newfoundland
Between 2,000 and 7,000 metres of drilling is planned for follow-up on the most prospective targets identified from the magnetics and trenching.
Matador Mining to discuss 12,000-metre drilling in Canada at Proactive's gold webinar on Tuesday
The company’s shares closed at an all-time high of 48 cents on Friday, which is a four-fold rise from 12 cents per share in March this year.
Matador Mining adds gold project development experience with former OceanaGold president and CEO appointed director
“Mick Wilkes' recent experience in international mine development will be critical as the company progresses the Cape Ray Project towards gold production," chairman Ian Murray.
Matador Mining about to begin extensive drilling aimed at supporting 10-year Canadian gold operation
The company will simultaneously begin a two-year greenfield exploration program aimed at systematically targeting and testing new areas to generate a pipeline of future drill targets and deposits.
Matador Mining has new substantial shareholder in Nero Resource Fund
Nero, for which Treasury Services Group acts as trustee for, holds 7,436,574 shares valued at more than $2.157 million.
Matador Mining up 19% to 30-month high on raising A$8.7 million in strongly supported placement
The company is well-funded to fund a major exploration program, including drilling, at the Cape Ray Gold Project in Newfoundland, Canada.
Matador Mining directors show faith in gold strategy with placement participation approved
Executive chairman Ian Murray has purchased 1 million shares and executive director Keith Bowes acquired 150,000 shares.
Matador Mining in trading halt ahead of material capital raising
The company recently staked an additional five licences at the northern extension of its current holdings in a gold-rich area of Newfoundland.
Matador Mining adds geological expertise to board with non-executive director appointment
As part of the board transition, Grant Davey has stepped down as a non-executive director of the company.
Matador Mining now largest continuous landholder along highly prospective Cape Ray Shear
The company has staked an additional five licences at the northern extension of its current holdings in a gold-rich area of Newfoundland.
Matador Mining outlines growing Canadian gold story during Proactive virtual event
New chairman Ian Murray features in online company presentation about Cape Ray Gold Project in Newfoundland.
Matador Mining to present Canadian gold story at Proactive online conference on Thursday
A newly released scoping study for the Cape Ray Gold Project provides a solid platform for future growth as a standalone mining and processing operation.
Matador Mining scoping study sets foundations for development: Hartleys
The study is underpinned by a new, recut resource of 837,000 ounces at 2 g/t gold at the Cape Ray Gold Project in Newfoundland, Canada.
Matador Mining appoints Ian Murray as executive chairman
This is the first appointment of what is anticipated to be a restructure of the company’s board.
Matador Mining outlines strong progress at high-grade Canadian gold project during virtual conference
A newly released scoping study for the Cape Ray project provides a solid platform for future growth as a standalone mining and processing operation.
Matador Mining scoping study highlights potential standalone operation at Cape Ray Gold Project
The company’s long-term exploration strategy is being finalised with a focus on extending mine life and replacing low-grade stockpile material with higher-grade ore earlier in the project life.
Coffee with Samso - High-grade gold in Newfoundland, Canada
Matador Mining technical director Keith Bowes chats to Samso about the company and its 1.02-million-ounce Cape Ray Gold Project in Newfoundland.
Matador Mining increases Cape Ray gold resource to 1.2 million ounces
The company’s March quarterly activities report showed growth in the mineral resource and a total average grade at just over 2.2 g/t gold.
Matador Mining gets speculative buy recommendation from Hartleys
The company is contemplating Cape Ray Gold Project construction in 2022, ahead of first production in 2023.
Matador Mining close to releasing Cape Ray Gold Project scoping study
The scoping study is expected to "show that we’ve got a very vanilla project that’s high grade, in a first-world jurisdiction and is going to a have a rapid payback," says director Adam Kiley.
Matador Mining to discuss progress at Cape Ray Gold Project at Proactive CEO Sessions
The gold exploration company is progressing the scoping study and mine plan after increasing the mineral resource at its Cape Ray Gold Project in Newfoundland, Canada.
Matador Mining raises $5 million in oversubscribed placement for exploration at Canadian gold project
The company aims to test several highly prospective greenfield exploration targets in the upcoming exploration program.
Matador Mining exceeds expectations in first metallurgical test program at Canadian gold project
The test work was conducted on samples across each of the project areas that make up the recently announced mineral resource.
Matador Mining lifts gold resource 36% to more than 1 million ounces at Canadian project
The average grade of the total Cape Ray resource has also increased by 26% to 2.2 g/t.
Matador Mining on track to add more gold to 750,000-ounce Cape Ray resource
All but one of 22 diamond holes reported to date has intersected strong gold mineralisation.
Matador Mining extends high-grade gold mineralisation at Cape Ray Gold Project
Drilling has confirmed continuity between the project’s two deposits.
Matador Mining advances exploration work at Cape Ray Gold Project in Canada, returns high-grade soil samples
More than 1,000 soil samples have been collected to identify drill targets along prospective structures.
Matador Mining raises $3.35M, to start trading from Wednesday
The company is exploring five projects for multiple commodities.