Matador Mining raises A$16 million at a premium to expand Cape Ray Gold Project drill program
The proceeds from the placement will be used to expand and accelerate exploration activities at the Cape Ray Gold Project in Newfoundland, Canada.
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 in trading halt with capital raising news pending
Securities will remain halted until Tuesday, June 29, or when an announcement is released to the market.
Matador Mining strengthens Newfoundland presence with highly regarded geologist appointed technical advisor
"I believe the systematic approach the company is undertaking, using a range of smart exploration tools is what is required to better understand and test the potential of this region for new gold discoveries," says Kerry Sparkes.
Matador Mining secures new ground at Newfoundland gold asset following phase one heli-mag survey
The first portion of a detailed survey over Matador’s Cape Ray Gold Project is nearly complete, uncovering five new targets in close proximity to existing exploration tenements.
Matador Mining CEO Ian Murray to discuss Cape Ray Project at Canadian Gold Seminar
The Minister for Energy for Newfoundland, Andrew Parsons, will talk about the recent interesting developments in Newfoundland.
Matador Mining expands landholding in gold-rich region of Newfoundland
The explorer is putting all of its energy into growing its territory across the highly prospective yet largely underexplored Newfoundland gold region.
Matador Mining achieves strong metallurgical recoveries of 96% at Cape Ray Gold Project in Canada
The scoping study flowsheet has been further validated by this metallurgical test-work program focused on the Central Zone and Window Glass Hill, which make up around 90% of the total Cape Ray JORC resource.
Matador Mining appoints Chris Bath as new chief financial officer
Bath is an experienced CFO with a broad skill set spanning financial and corporate management, funding, commercial management and operations.
Matador Mining begins 20,000-metre Cape Ray diamond drill program focusing on shallow gold for possible open pit mining
The 2021 program is aimed at extending the gold mineralisation footprint at known deposits while testing multiple new greenfield targets, all within 15 kilometres of existing resources.
Matador Mining begins trading on OTC Markets in US
“With our largest ever exploration program underway, in arguably North America’s most exciting gold jurisdiction, we have been receiving a significant increase from investors based in the region,” says chairman.
Matador Mining highlights key investment takeaways during Proactive Gold Webinar presentation
Matador is kicking off its largest program ever undertaken in May with more than 20,000 metres of diamond drilling.
Matador Mining has early power-auger drilling success at Cape Ray in Canada with sulphides observed
The systematic auger drilling program, combined with multi-element geochemistry, is a key tool that the company is using to unlock the vast exploration potential at the project.
Proactive to host Gold Webinar on Tuesday, May 11, showcasing three companies on road to gold production
Three speakers will present for 12 minutes each during the online event followed by a five minute Q&A session.
Matador Mining begins its largest exploration season at Cape Ray Gold Project in Canada
The program began three months earlier than previous programs and is anticipated to incorporate the first winter exploration drilling undertaken by the company.
Matador Mining listing on multiple international platforms
The company intends to list in the USA on the OTC Markets in coming weeks with the ticker MZZMF after recently listing on the Frankfurt Stock Exchange.
Matador Mining generates new gold targets near Window Glass Hill deposit at Cape Ray Gold Project
The company has mobilised its exploration team to site and will shortly begin fieldwork including accelerated geophysics and follow-up power auger pathfinder geochemistry.
Matador Mining will use gold pathfinder elements to assist in unlocking future Cape Ray Gold Project exploration success
Matador expects the detailed aeromagnetics and greenfield ATV-Winkie geochemistry drilling to continue to refine the targeting priorities and add to the pipeline of new targets across Cape Ray.
Matador Mining executive chairman demonstrates faith in gold strategy with on-market purchase of shares
The company has identified multiple expansion drill targets at Window Glass Hill which will be targeted during the upcoming 2021 exploration season.
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.
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.