Matamec Announces Agreement for the Sale of its Royalties in the Timmins Gold Camp to Metalla Royalty & Streaming Ltd.
7:47 am ET May 4, 2017 (Market Wire) Print

Net Smelter Royalties on the Hoyle-Matheson and Montclerg Properties to be Sold

MONTREAL, QUEBEC--(Marketwired - May 4, 2017) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQB:MHREF) is pleased to announce that it has entered into a binding sale and purchase agreement with Metalla Royalty & Streaming Ltd. ("Metalla") for the sale of its royalties on the Hoyle-Matheson Royalties (HMR) Property and the Montclerg Property. Both properties are located in the world-class Timmins Gold Camp, an area that has produced more than 70 million ounces of gold from large deposits.

The purchase price payable for the Royalties is made up of $500,000 in cash and Two Million (2,000,000) shares of Metalla valued at $0.50 per share. Matamec will also receive warrants to purchase another One Million (1,000,000) shares of Metalla at $0.75 per share for a period of two years. The shares and the warrant shares cannot be traded 12 months from the closing date. The closing of the transaction is subject to certain customary closing conditions.

"The proceeds from the sale of these royalties will enhance Matamec's value for its shareholders," said André Gauthier, Matamec's President and CEO. "At the same time, it allows us to focus our efforts on exploration - for gold at Matamec's other gold properties, as well as for energy and technology-related metals at properties held in its Energy portfolio."

About Matamec

Located in Montreal (Québec), Matamec Explorations Inc. is a junior mining exploration company in which activities are based on two main axes of development: gold, and key elements for technologies related to energy with properties containing, among others, lithium (Tansim-owned at 100%), Cobalt (Fabre-100% owned), nickel (Vulcain-100% owned) and rare earths (Kipawa-72% owned by Matamec).

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 properties located in the area of the Hoyle Pond Mine in Timmins, ON, as well as four in the Quebec Plan Nord region in similar geological settings as established gold-producing mines. These include two in proximity to the Éléonore Mine (in James Bay, QC): Sakami (50%) and Opinaca Gold West (100%).

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Visit us on Facebook: https://www.facebook.com/MatamecInc

Andre Gauthier, President (514) 844-5252 info@matamec.com CHF Capital Markets Cathy Hume, CEO +1 416-868-1079 x231 cathy@chfir.com

Interesting video clip on the Rare Earth project with CEO


http://www.b-tv.com/matamec-explorations-inc-ceo-clip/

Matamec Partners with Necando Solutions
Matamec Explorations Inc. 

TSX VENTURE : MAT  
OTCQB : MHREF


image: http://media3.marketwire.com/logos/20160404-matameclogo_200.jpg

Nmx 
April 20, 2017 07:59 ET
Matamec Partners with Necando Solutions to Leverage IBM Cloud and Artificial Intelligence Technology
 
Data collected during the course of Matamec's innovation activities at the Kipawa Rare Earths project will be exploited through the use of IBM cloud and artificial intelligence technology, in order to discover new models that will optimize the project
 
 
MONTREAL, QUEBEC--(Marketwired - April 20, 2017) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQB:MHREF) is pleased to announce a collaboration with Necando Solutions that will leverage cutting-edge technology to mine data generated through its research activities. The goal of this initiative is to take advantage of IBM's tool, including the cognitive technology known as Watson, to process a large volume of data and discover models that will enable the optimization of the Kipawa Rare Earths project.
Since 2015, Matamec has been working to develop innovative ways to improve and optimize mining operations as well as metallurgical processes at Kipawa. These innovation-related activities are summarized in the diagram below:
Kipawa Innovation Diagram: http://media3.marketwire.com/docs/IBMcloud.jpg
"Our work to improve the Kipawa project over the past two years has been generating a lot of data that would take researchers years to process," explained Andr Gauthier, Matamec's President and CEO. "By working with Necando to leverage the power of IBM's artificial intelligence and data cloud platforms, we will be able to process the data to optimize all aspects of the project much more quickly and effectively."
About Necando
Necando Solutions is a strategic consulting firm specializing in information technology solutions. It offers a full spectrum of technology services, from analysis to integration and development. It has a strong reputation for excellence based on individual customer experiences.
As an elite partner of IBM, they have a team of seasoned, mobile and bilingual experts who are committed to meeting the expectations of their clients. Their team excels at proposing solutions to the challenges that arise in an ever-changing technological and commercial landscape.
At Necando Solutions, the use of technology and process optimization, together with effective change management planning, stimulates innovation and drives sustainable growth.
About Matamec
 

What is in the future of Matamec for shareholders.
 
Good Morning,
 
Every now and then comes along a pinksheet or pennystock that has huge potential. Now I come from this mindset after 20 years of playing the penny-arcade and from my professional experience of having my own business as a corporate profiler and Merger and Acquisitions for the last 16 years.
 
Trading pennystocks is an art and science that requires an absolute discipline in understanding the nature of pennystocks. Trading in this venue is not for most and from history's standpoint most (98%) of all pennystocks, fail or flounder at the bottom to never return.
 
Now we have in Matamec a truly well run and in my belief a pennystock that has long-term investment potential. I have never considered a pennystock as an investment, but a mechanism to build wealth by trading and not holding to augment your earnings into investment grade securities.
 
I see huge upside with MHREF as we move closer to the actual operational stage.
The 2016 year was a dormant year and the overall commodity sector really took a beating for the last few years, however, I believe the rime has come and we should see a positive 2017 and beyond.
 
The company so far has been extremely discipline in controlling the issue of shares or maintaining a lid on the execution or retailing other wise known as diluting the pool by running the operational stage, Administration and R&D. This is very positive and is what drags down most pennystocks and leaves investors holding worthless stock to never be able to recoup their principle investment. This company, so far is and appears to have shareholders interest in mind and that is the beginning to feel comfortable with your investment.
 
It doesn't surprise me that we are still lingering down in the subpennies, but eventually this will change as we move forward. As I mentioned above the commodity sector and most importantly the Rae Earth Element has not fully been appreciated. This in my opinion is about to change.
 
As the world moves into a renewable source for our energy needs the Kipawa project with Toyota as a partner ( of 10%) is only going to enhance our investment that will command credibility and as such, so will the investment for us shareholders. Let's not forget the collaboration with 28% by Resources Qubec (acting as agent of the Government of Qubec).
 
As the company has noted from their analysis, the Kipawa project is a 2. $b recoverable mining project over a period of 15 years.
 
So when we break this down to actual revenue per year, it is 16 $m.
Now I'm not going into the operational costs since this part still has to be determined and giving actual numbers may prove to be unproductive at this time, but the company has mentioned in one of their past statements that a 25 $m capital outlay needs to be obtained. This original capital expenditure is only the beginning, but still well within making this enterprise a profitable venture for us and the company.
 
Currently our market cap is around 5$m US$ with 137m O/S and generally is within the scope of pennystock companies that truly have a business model.
 
As we move forward going into 2017 and closer to operational stage, which I believe to be around 2017 Fall, when in 2018, we will be in full production, the share price will start it's climb and I expect this to happen by the middle to fall of this year or the spring of 2018.
 
Currently the company maintains a burn rate of 12 $k per month , but we can count on this to drastically to go up once we go into operational stage, but with a potential of 16 $m per year of revenue or 1 $m per month, one has to agree that we are looking at an eventual considerable multiple increase in the share price.
 
Of course, much of this rise in the share price will be dependent upon the financial package that the company needs to secure it's capital needs to move into operational stage, but still, we should see a significant increase to at least 10 fold from the current price of .05 USA$.
 
One can reasonably be comfortable to the understanding that a major price hike is in the future and if the timeline on actual operational and the capital financial package is made public, we will see a move by the end of this year going into spring 2018.
 
I see the first point of resistance on the share price to be around .10 and this will give us a MC of $13m, still well below the fair value. I am not looking at PE ratio since pennystock companies generally are never tabulated on PE, but straight accounting. I expect this movement to begin near the muddle of 2017 through the end of spring 2018 since the winter months well probably have very little impact.
 
With 16 $m in potential revenue for the first year of operation expected for 2018, but 2017, should allow for us to have a share price to be well over .10$. Again, of course this is dependent upon the financial package and how it is laid out with the equity end of the deal.

But let's assume that our O/S move up from 137m to 250m, even at 250 O/S one can see that under the current share price of .04 USA is still well under the fair value of MC $10m. Even at .10 the MC will be $25m still well under fair value if the figures of retrieval reserves is based on $16m per year.

If the $16m achievable resources is met and not mentioning the actual burn at the time during operation we could very well command a share price of .10 giving a MC of $13m straight up accounting without a PE ratio calculated. So one can see definitely .25 without any problem.
 
Now you must take into acct the gold aspect of other claims. This needs to be calculated into the overall worth and the other claims yet still to be realized with respect to feasibility and operational costs to profitability assessment.
 
With the Kipawa project we should bode well on it's own merit and adding the other assets (claims) we can commend a share price of well over a $1.00 in the years to come and I believe this company will eventually move out of the pennyarcade and become a true investment grade company.
 
I recommend this a buy at the current price of .04 and under .10. Always do your due diligence and never invest more than you can lose.

Have a good day
varok

The Holmium factor for the Kipawa

Holmium oxide price worldwide from 2010 to 2025 (in U.S. dollars per kilogram)*

https://www.statista.com/statistics/450166/global-reo-holmium-oxide-price-forecast/

If I take your 30000 (US) tons a year as factual, it represents 27215542 kilograms. Therefore, at 49 dollars US a kilo (2017 US price)  it would be about 1.3 billion US dollars annually for holmium oxide sales for Matamec and not taking into account other oxides. It would be fantastic for Matamec shareholders.

Have a good day
varok

Check out the new updated website.


http://www.matamec.com/

Have a good day
varok

Matamec Announces Commencement of New Drilling Program on the Sakami Gold Property
8:48 am ET March 28, 2017 (Market Wire) Print

3,000m campaign on Zone 25 seeks to confirm the extension of gold mineralization to the west and follow up on previous results that include 21.05m of 4.94g/t Au

MONTRÉAL, QUÉBEC--(Marketwired - March 28, 2017) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQB:MHREF) and Canada Strategic Metals ("CSM") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) are pleased to announce the commencement of drilling on the Sakami property, of which the two companies each own 50%. A total of 3,000m of drilling is planned on the shore of Sakami Lake to extend the known mineralized body to the west. Drilling in 2016 suggests that the mineralization is thicker and locally richer in this direction. It also confirms the relatively consistent orientation of the mineralization, which allows for more aggressive step-outs of 90m.

The figures below illustrates the distribution of mineralized intervals and planned drilling.

Figure 1. Oblique image of Zone 25 showing the distribution of mineralized intervals created using a 1g/t lower limit and shown as spheres according to the thickness. Red traces represent the planned drilling.

http://media3.marketwire.com/docs/029_1.pdf

Figure 2. Vertical section looking west, showing the proposed drill traces in red with respect to the possible extensions to Zone 25 (grey polygon).

http://media3.marketwire.com/docs/029_2.pdf

CSM recently exercised an option to acquire an additional 20% of the Sakami property from Matamec in exchange for 1 million shares in the company and a commitment to spend CDN$ 2,000,000 in exploration work per year for the next five years, during which time it must also complete an independent bankable feasibility study. Please see the press release from February 14th, 2017 for more details of the option agreement and the ownership structure of the property. During the period covered by the option agreement, CSM will remain the operator of the exploration works, supervised by a management committee comprising two representatives of CSM and two representatives of Matamec.

Guy Desharnais, P.Geo., Ph.D. (OGQ No.1141), is a Qualified Person as per NI 43-101; he is employed by SGS Canada Inc., is independent of Matamec, designed the drill program and has reviewed and approved the technical content of this press release.

"We are pleased to see the Sakami project moving forward," said André Gauthier, President and CEO of Matamec. "We believe there is significant gold potential at the property, and look forward to the results of this latest drilling program."

About Matamec

Map showing location of Matamec Gold and Energy Properties: http://media3.marketwire.com/docs/651c_e.jpg

Located in Montreal (Québec), Matamec Explorations Inc. is a junior mining exploration company in which activities are based on two main axes of development: gold, and key elements for technologies related to energy with properties containing, among others, lithium (Tansim-owned at 100%), Cobalt (Fabre-100% owned), nickel (Vulcain-100% owned) and rare earths (Kipawa-72% owned by Matamec).

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%) and Pelangio (100%)) located in the area of the Hoyle Pond Mine in Timmins, ON, as well as four in the Quebec Plan Nord region in similar geological settings as established gold-producing mines. These include two in proximity to the Éléonore Mine (in James Bay, QC): Sakami (50%) and Opinaca Gold West (100%).

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Visit us on Facebook: https://www.facebook.com/MatamecInc

Andre Gauthier, President (514) 844-5252 info@matamec.com CHF Capital Markets Cathy Hume, CEO +1 416-868-1079 x231 cathy@chfir.com

It's a new year and I strongly believe we are going to be able to pacify and give reason to First Nation's concerns.
 
The company has two much invested and stake in the Kipawa project just to walk away. This is not how these things turn out. Negotiations is key and the right team is in place to get a deal.
 
This part I really like and find enough credible reasons why they will never give up on Kipawa and why I have always stayed.
 
" Matamec's Kipawa Deposit contains Holmium, the Heavy Rare Earth Element Essential to New Storage Technology that Allows for 1000x More Data to be Stored than Ever Before. "
 
"  the recent discovery by a team of nano-science researchers, mainly from IBM's Almaden Research Center in San Jose, California, of the ability to store one bit (1b) of data on a single holmium (Ho) atom. The breakthrough findings were published in the peer-reviewed journal Nature earlier this month (cf. Nature, vol. 543 pp. 226-228, 9 March 2017). "
 
" Holmium (Ho - atomic number 67) is a heavy rare earth element (HREE) that is part of the Lanthanide series of elements. Matamec's Kipawa Rare Earths JV, its flagship project being developed in partnership with Resources Qubec, is one of North America's most advanced rare earths projects."
 
Also, the commodity sector appears to be gaining some strength and this will bode well and let's not forget their little gold claim and partner.
 
So you see, although, we've had slow trading sessions over the past year, but we have never truly been out of the realm of not having a viable rare earth company. The business model is real and the future is bright.
 
I am still in the belief that the turnaround is upon us and 2017 will become a pivot point on us moving forward.
 
This is one of a very few pennystocks that I consider to be an investment quality issue and should be in everybody's portfolio regardless of the performance over the last few years.

Yes many of us were met with a timing sequence, but I think that is now behind us. Let's not forget, this issue is a mining issue and the last few years were, to say the least, a dismal sector to be in.
 
Whatever happens, I am buying at this level and consider it a great point for new investors to take part. This company is undervalued and in time it will benefit us in the long term.
 
Have a good day
varok

Although it may take time for the many possible commercial applications to come to market, the discovery of the ability to save a single bit of data on a holmium atom represents a quantum leap in data storage technology and offers great potential for computing. An entire computer's hard drive could possibly be stored in a piece of jewelry or sewn into a garment, for example, and smaller data storage devices could greatly improve the evolving "internet of things" applications, where more and more everyday items can be connected to the Internet
Read more at http://www.stockhouse.com/news/press-releases/2017/03/15/matamec-welcomes-breakthrough-discovery-ibm-scientists-store-1-bit-of-data-on-a#0dg1KJKMTXASZPkS.99

News today seems pretty big imo, it seems that Holmium could be EXTREMELY valuable in the very near future....

Matamec Consolidates its Gold Position by Signing a Letter of Intent to Acquire Two Gold Properties in Quebec

Casa Berardi South, just south of the Casa Berardi Mine, and Troilus North, on the Northern Extension of the former Troilus Mine



MONTRÉAL, QUÉBEC--(Marketwired - Sept. 12, 2016) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQX:MHREF) is pleased to announce the signature of a memo of understanding (MoU) by means of which it may acquire the Casa Berardi South and Troilus North gold properties from Greg Explorations Inc. (Greg), subject to certain conditions (see the MoU section for more details).

With the properties it already owns, including the new Opinaca Gold West property, Matamec will hold an interest in the following gold properties (see Figure 1 for their locations):
•Near the Casa Berardi Mine, owned and operated by Hecla Québec, north of La Sarre in northwest Québec: The Casa Berardi South property (acquired at 100%) captures a rock structure that is parallel and analogous to the Casa Berardi mine for 15 kilometres, and has been relatively unexplored to date - see the Casa Berardi South Property section and Figure 2;
•In the northwest extension of of the former Troilus Mine host package, located northwest of Chibougamau, Québec: The Troilus North property (100%) straddles a northeastern extension of the volcanic sequence hosting the Troilus Mine deposit for about 10km - see the Troilus North Property section and Figure 3;
•In the geological setting that hosts the Éléonore mine near James Bay in Québec: ?The Sakami property, 50% owned by Matamec, covers the Opinaca-La Grande geological contact, and the results of its Summer 2016 drilling campaign in the La Pointe Zone included 4.94 g/t Au over 21.05m - see the Sakami and Opinaca Gold West section and Figure 4;
?The new Opinaca Gold West property, 100% owned by Matamec, is situated along the same geological formation as Goldcorp's Éléonore gold mine where new gold potential along this trend has been identified. The claims block covers a series of geochemical gold-arsenic anomalies and geological elements that suggests the presence of a gold bearing system along approximately 40 km - see the Sakami and Opinaca Gold West section and Figure 4;

•Along the stratigraphic rock formations east of the Hoyle Pond Mine owned and operated by Goldcorp in Timmins, Ontario: Matamec holds a royalty of 1% NSR on the new HMR property, a 50% interest in the Matheson JV property, and a 100% interest in the Pelangio property - see the HMR/MJV/Pelangio Properties section and Figure 5;
•In the promising setting of the historic Candego mine, in the Gaspé region: The Valmont property hosts Pb-Zn-Ag-Au mineralization from the historic Candego mine and several gold-bearing vein systems - see Valmont Property section and Figure 1.

"The gold potential associated with the geology of these properties, located across Quebec and in Ontario, is promising," said André Gauthier, President and CEO of Matamec. "Their quality and scope strengthens the company's gold portfolio and its position in the market."

Figure 1 "Locations of Matamec's Gold Properties" is available at the following link: http://media3.marketwire.com/docs/1068995a_Fig1.jpg

A. Casa Berardi South Property

The Casa Berardi South property covers 10,000 hectares (ha) in 180 claims. The property is accessible by a main gravel road and by a network of forestry roads. The property northern limit is located 2km south of the Casa Berardi Mine owned by Hecla Mining. The accumulated gold production at the mine at the end of 2015 reached 1.966 million ounces of gold and the deposit retains proven reserves of 2.119 million tonnes (mt) of 3.41 g/t Au and probable reserves of 8.104 mt of 4.34 g/t Au (http://www.hecla-mining.com/casa-berardi).

The property's appeal lies in its repetition of the structural and lithological context that characterizes the Casa Berardi deposit. To the south of the deposit, an assemblage of volcanic and sedimentary rocks could host a gold bearing structure parallel to the known deposit. The area has seen very limited exploration to date. The reader is cautioned that there is no guarantee that the grade and style of mineralization identified on the Casa Berardi deposit will be identified at the Company's Casa Berardi South property.

The target types for this property include vein systems and disseminated sulphide hosted in graphitic sediments, conglomerates and iron formations, mainly along stratigraphic contacts.

Initial exploration work will seek to compile information from historical assessment reports to identify showings of mineralization and anomalous gold zones.

Figure 2 "Casa Berardi South Property" is available at the following link: http://media3.marketwire.com/docs/1068995a_Fig2.jpg

B. Troilus North Property

The Troilus North property has 7,700 hectares in 143 claims following the northeast extension of the former Troilus Mine structure. The property is accessible via a 150-km gravel road that links the city of Chibougamau, in northern Québec, to the former Troilus mine site.

The property covers a large granite batholith surrounded by the volcanic sequence hosting the gold-copper Troilus Mine deposit. About 2 million ounces of gold and 70,000 tonnes of copper were produced from open pits between 1995 and 2010 from Troilus (http://sulliden.com/investors/news/_2016/).

Data mining in public files combined with geophysical and remote sensing data processing were recently completed as part of the acquisition process. The new exploration model suggests an extension of the Troilus structure to the northeast for about 10 kilometres inside the Troilus North property. The reader is cautioned that there is no guarantee that the mineralization identified on the Troilus Mine deposit will be identified at the Company's Troilus North property.

Sulliden Mining Capital currently owns the Troilus Mine mining lease, with the objective to restart an underground operation based on a new resources estimate (Technical Report on the Troilus Gold-Copper Mine Mineral Resources Estimate, Québec, Canada, June 2016).

Figure 3 "Troilus North Property" is available at the following link: http://media3.marketwire.com/docs/1068995a_Fig3.jpg

C. Sakami and Opinaca Gold West Properties

Sakami Property

The property is held at 50% and covers a major geological contact between two very favourable sub- provinces for hosting gold deposits. The geology of this geological contact includes Opinaca metasedimentary rocks and the mafic volcanics and iron formations of the La Grande in association with a major deformation zone, particularly along the tectonic contact between the sub-provinces of La Grande-Opinaca. The mineralization style and tectonic setting have many similarities with the Éléonore mine owned by Goldcorp and the Cheechoo prospect, held by Sirios Resources (Please see the April 25, 2016 press release for more information).

The summer 2016 exploration campaign revealed that Vein 25 increases in thickness and grade to the northwest and remains wide open in this direction. The results from this summer include 43.30 m of 2.21 g/t Au and 21.05 m of 4.95 g/t Au, in drill holes PT-16-91 and PT-16-92 respectively (Please see the September 8, 2016 press release for more information).

In addition to the drilling already described, the 2016 field work included a total of 210 km of geophysical survey lines in the La Pointe, Île and JR West sectors, and a mapping and prospecting campaign in the Péninsule, Île and JR West sectors. The results of this exploration work will be shared as soon as they become available.

Opinaca Gold West Property

The Opinaca Gold West property includes 289 claims covering 15,000 hectares. The James Bay Road crosses the property. The claims block controls over 40 kilometres of prospective volcano-sedimentary belt in a generally east-west orientation.

At a regional scale, the property straddles a major magnetic contrast connected with the Goldcorp Éléonore Mine (proven and probable reserves of 4.17 million tonnes (mt) at 6.49 g/t Au for 0.87 million ounces (moz) Au and 24.15 mt at 5.76 g/t Au for 4.48 moz Au respectively*) located about 50 kilometres to the east. The reader is cautioned that there is no guarantee that mineralization on the Éléonore property is indicative of the type of mineralization on the Opinaca Gold West property.

Historical works have identified geological indicators of a gold bearing system such as arsenopyrite and tourmaline. High gold-arsenic concentrations were also observed from lake sediments in the property area.

* (Mineral Reserves And Resources As of December 31, 2015. http://www.goldcorp.com/English/Investor-Resources/Reserves-and-Resources/default.aspx).

Figure 4 "Sakami and Opinaca Gold West Properties" is available at the following link: http://media3.marketwire.com/docs/1068995a_Fig4.jpg

D. HMR/MJV/Pelangio Property

The Matheson JV held at 50% and the Matheson-Pelangio (100%) properties lie along the stratigraphic rock assemblages which is the host to many of the gold deposits in the Timmins mining camp. This large property contains several targets defined by till drilling campaigns that have not been sufficiently drill tested.

New Hoyle Royalties-Matheson Property (HMR)

Following the PREAA announced on March 2nd, 2016 with Glencore and Goldcorp, Matamec now holds royalties of 1% NSR on the HMR property. On April 16, Matamec reviewed and restated the gold potential of this property. Based on its review, Matamec believes that the mineralized series of gold veins being mined and processed at Goldcorp's Hoyle Pond Gold Mine trends onto the HMR property. The similarity between the rock sequences, structural interpretation and mineralized zones occurring on the Mill Creek/Colbert Zone and at the Hoyle Pond Gold Mine is striking. These two zones are on either side of the HMR, with the prospective geological and structural packages trending onto it from both directions. The April 16, 2016 press release summarizes the publicly available information that forms the basis of this conclusion.

Figure 5 "HMR/MJV/Pelangio Properties" is available at the following link: http://media3.marketwire.com/docs/1068995a_Fig5.jpg

E. Valmont Property

The Valmont property is 3,895 hectares in size and is located 120 kilometres to the west of the city of Gaspé. The Pb-Zn-Ag-Au mineralization from the historic Candego mine are associated with the subvertical ESE trending Candego shear zone. Historic production is stated at 68,497 tonnes of 6.35% Pb, 4.28% Zn, 170 g/t Ag et and 0.68 g/t Au. Several gold bearing vein systems have been identified on the property: Cromar, Marsoui and St- Francois. A new data compilation is ongoing.

Guy Desharnais, P.Geo., Ph.D. (OGQ No.1141), is a Qualified Person as per NI 43-101; he is employed by SGS Canada Inc., is independent of Matamec, and has reviewed and approved the technical content of this press release.

Memorandum of Understanding (MoU)

Signed on September 12 between Matamec and Greg, the MoU targets an increased collaboration between the two companies to meet the following objectives:
1.To allow Matamec to increase its portfolio of gold properties in geological settings linked to deposits or mines in production in Province of Québec by the acquisition of certain of Greg's gold properties, and to proceed with financing thereafter. To date, the parties have agreed that the North Troilus and South Casa Berardi held by Greg will be part of this transaction (the "gold projects");
2.To transfer energy-related projects of Matamec and Greg into a new mining company (NewCo), to be constituted, in which Matamec will be the main shareholder. This new company will be exclusively dedicated to exploration and development of industrial minerals deposits related to energy.

To achieve this objective, an update of the technical reports (prepared in compliance with the National Instrument 43-101 for the Standards of Disclosure for Mineral Projects) and an independent valuation of each property of Matamec and Greg will be completed this fall. This will allow the parties to agree on the fair market value (FMV) of the gold projects that will be transferred by Greg to Matamec and the energy-related projects which will be transferred by the parties to NewCo. The planned acquisition of the Greg gold projects will probably be completed through the issuance of shares of Matamec on the main basis of the ratio of the FMV of these properties on all properties of Matamec and Greg. As for the acquisition of energy related projects by NewCo, the terms remain subject to negotiation between the parties. The final terms of these transactions must be confirmed in the near future by the parties and remain subject to certain conditions such as, notably, the approval from each Board of Directors of Matamec and Greg as well as regulatory approval a new mining company (NewCo) to be formed in Matamec's case.

The parties have agreed on a timetable targeting, especially, (i) identification of the gold projects and industrial mineral projects, as well as the confirmation of their value, by end of September 2016; (ii) the incorporation of NewCo and the execution of the required agreements to put in place the different transactions targeted by the MoU by the end of October 2016; and (iii) put in place the initial financing of NewCo by the end of November 2016.

The agreement between Matamec and Greg aims to establish a well-experienced exploration and development mining team in order to (i) demonstrate the gold potential of Matamec and (ii) support, within a new company, the exploration and development of industrial mineral deposits related to energy.

About Matamec

Matamec Explorations Inc. is a junior mining exploration company whose main focus is in developing the Kipawa HREE JV deposit owned at 72% by the Company 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. Furthermore, the Company is exploring more than 35 km of strike length in the Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum mineralization on its Zeus property.

The Company is also exploring for gold, base metals and platinum group metals. In Québec, the Company is exploring for strategic metals such as lithium, tantalum, and beryllium on its Tansim property and for precious and base metals on its Vulcain property.

Forward-looking information

This news release contains "forward-looking information" within the meaning of Canadian securities legislation. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "scheduled", "anticipates", "expects" or "does not expect", "pursue", "targeted", or "believes", or variations of such words and phrases that state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Although Matamec has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to, those risk factors set out in the Company's year-end Management Discussion and Analysis dated December 31, 2015 and other disclosure documents available under the Company's profile at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and Matamec disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Follow us on Twitter: https://twitter.com/MatamecInc

Visit us on Facebook: https://www.facebook.com/MatamecInc


Andre Gauthier
President
514 844 5252
info@matamec.com

MONTRÉAL, QUEBEC--(Marketwired - Sept. 8, 2016) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQX:MHREF) is pleased to announce its increased presence in the geological setting that hosts the Éléonore mine near James Bay in Quebec.

Matamec has acquired 100% of the Opinaca Gold West property for a lump sum of $68,852 with a 2% royalty that is redeemable for $500,000, payable to the vendor. The property is situated along the same geological formation as Goldcorp's Éléonore gold mine where new gold potential along this trend has been identified.

The Opinaca Gold West property includes 289 claims covering 15,000 hectares (see Figure 1). The James Bay Road crosses the property. The claims block controls over 40 kilometres of prospective volcano-sedimentary belt in a generally east-west orientation. It covers a series of geochemical gold-arsenic anomalies and geological elements that indicate the presence of a gold bearing system along approximately 40 km.

At the regional scale, the property straddles a major magnetic contrast connected with the Goldcorp Eleonore Mine (proven and probable reserves of 4.17 million tonnes (mt) at 6.49 g/t Au for 0.87 million ounces (moz) Au and 24.15 mt at 5.76 g/t Au for 4.48 moz Au respectively*) located about 50 kilometres to the east. The reader is cautioned that there is no guarantee that mineralization on the Éléonore property is indicative of the type of mineralization on the Opinaca Gold West property.

Historical works have identified geological indicators of a gold bearing system such as arsenopyrite and tourmaline. High gold-arsenic concentrations were also obtained from lake sediments in the property area.

* (Mineral Reserves And Resources As of December 31, 2015. http://www.goldcorp.com/English/Investor-Resources/Reserves-and-Resources/default.aspx)

"With the acquisition of the Opinaca Gold West property, Matamec is building on our conviction that the James Bay region still has lots of gold potential," said André Gauthier, President and CEO of Matamec. "The company's gold portfolio is growing significantly."

Along with this announcement, Matamec and Canada Strategic Metals (CSM) (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) are very pleased to report the latest drill results for the Sakami property. Drilling on the Northwest extension of Zone 25 (main zone) has returned an intersection of 1.87 g/t Au over 27.00 metres including 3.14 g/t Au over 5.00 metres, from hole PT-16-93 (see table below).

"These results from Zone 25, including those that have already been announced from the first two drill holes, are very encouraging for Matamec," said André Gauthier. "We look forward to receiving the remainder of the results from the Summer 2016 exploration campaign."

The result from PT-16-93 together with PT-16-91 and PT-16-92 confirm that Zone 25 increases in thickness and grade to the northwest (see Figures 2, 3, and 4). This lens remains wide open in this direction and we are very keen to test the continuity of this thick zone of gold mineralization in the next drill campaign. Note that the grade of the intervals are relatively consistent; there are no extreme grade assays that carry very low grade intervals. The very thick intervals and their relative position suggest a possible merging of Zone 22 and 25 in this direction, as illustrated in Figure 4.

The drilling of PT-16-96 and 97 confirms the mineralization trend to the extreme south east, and the lack of significant assay results in the remaining drill holes testifies to the complex geology occurring at this apparent fold nose on the La Pointe Peninsula. All significant results for the latest campaign are presented in the table below.

Table of mineralized intersections from 2016 drilling

Hole # From (m) To (m) Length * (m) Au (g/t)
PT-16-91** 165.20 208.50 43.30 2.21
Including 176.00 187.50 11.50 3.46
PT-16-92** 203.60 252.15 48.55 2.52
Including 206.95 228.00 21.05 4.94
Including 206.95 225.00 18.05 5.38
PT-16-93 252.00 279.00 27.00 1.87
Including 253.00 258.00 5.00 3.14
And Including 271.00 277.00 6.00 2.69
PT-16-94 NSV
PT-16-95 NSV
PT-16-96 124.00 125.00 1.00 1.73
PT-16-97 136.00 156.50 20.50 0.55
PT-16-98 NSV
PT-16-99 66.00 69.00 3.00 1.33
78.00 81.00 3.00 1.08
91.50 93.00 1.50 1.97
124.50 127.50 3.00 1.07
169.00 170.50 1.50 2.86

* The Company estimates the true width of the mineralized zone at 70 to 95% of the core length.
** Results already announced in a press release dated September 6, 2016.

Sectors Explored in the Summer 2016 Exploration Program

The 2016 Summer program covered 4 areas of the property, and included a drilling campaign of 9 holes totaling 2,058 m on the La Pointe sector. It also comprised a total of 210 km of geophysical survey lines in the La Pointe, Île and JR West sectors, and a mapping and prospecting campaign in the Péninsule, Île and JR West sectors. The remaining results of this exploration work will be shared as soon as they become available.

Guy Desharnais, P.Geo., Ph.D. (OGQ No.1141), is a Qualified Person as per NI 43-101; he reviewed and approved the technical content of this press release.

About Matamec

Matamec Explorations Inc. is a junior mining exploration company whose main focus is in developing the Kipawa HREE JV deposit owned at 72% by the Company 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. Furthermore, the Company is exploring more than 35 km of strike length in the Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum mineralization on its Zeus property.

The Company is also exploring for gold, base metals and platinum group metals. Its gold portfolio includes the Hoyle-Matheson Royalties (see the March 2, 2016 and April 28, 2016 press releases), Matheson JV (MJV) and Pelangio properties located along strike and in close proximity to Goldcorp's Hoyle Pond Mine in the prolific gold mining camp of Timmins, Ontario. Matamec holds a 50% undivided interest in the MJV property and is its operator. In addition, the Company holds a 1% NSR royalty in the Montclerg Property located 48 km northeast of Timmins along the Pipestone Fault.

In Québec, the Company is exploring for strategic metals such as lithium, tantalum, and beryllium on its Tansim property and for precious and base metals on its Valmont and Vulcain properties.

This news release contains "forward-looking information" within the meaning of Canadian securities legislation. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "scheduled", "anticipates", "expects" or "does not expect", "pursue", "targeted", or "believes", or variations of such words and phrases that state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Although Matamec has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to, those risk factors set out in the Company's year-end Management Discussion and Analysis dated December 31, 2015 and other disclosure documents available under the Company's profile at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and Matamec disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Figure 1 is available at the following address : http://media3.marketwire.com/docs/1068689a_Fig1.jpg

Figure 2 is available at the following address: http://media3.marketwire.com/docs/1068689a_Fig2.jpg

Figure 3 is available at the following address: http://media3.marketwire.com/docs/1068689a_Fig3.jpg

Figure 4 is available at the following address: http://media3.marketwire.com/docs/1068689a_Fig4.jpg

Follow us on Twitter: https://twitter.com/MatamecInc

Visit us on Facebook: https://www.facebook.com/MatamecInc


Andre Gauthier
President
(514) 844-5252
info@matamec.com

Press Release: Matamec Announces that Canada Strategic Metals Has Acquired 50% Interest in the Sakami Property as the Sakami Summer Exploration Program Comes to a Close
11:14 am ET August 18, 2016 (Dow Jones) Print

Matamec Announces that Canada Strategic Metals Has Acquired 50% Interest in the Sakami Property as the Sakami Summer Exploration Program Comes to a Close

MONTRÉAL, QUÉBEC--(Marketwired - Aug. 18, 2016) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQX:MHREF) and Canada Strategic Metals ("CSM") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) are pleased to announce that the Summer 2016 Exploration Program at the Sakami property has been completed (see June 28th, 2016 press release). With the completion of this exploration program, CSM has fulfilled its obligations as per the option agreement signed on August 16, 2013, and has acquired a 50% interest in the Sakami property, which has been recently enlarged with the addition of 93 claim cells (see Figure 1 : Map of the Sakami Property).

Areas Explored During the 2016 Summer Exploration Program

The 2016 Summer program covered 4 areas of the property, and included a drilling campaign of 9 holes totaling 2,058 m on the La Pointe sector. It also comprised a total of 210 km of geophysical survey lines in the La Pointe, Île and JR West sectors, and a mapping and prospecting campaign in the Péninsule, Île and JR West sectors. The results of this exploration work will be shared as soon as they become available.

Sakami Property Geology

The property covers a major geological contact between two sub-provinces that are very favourable for hosting gold deposits. This geological setting comprises the Opinaca sediments, the La Grande mafic volcanics, and iron formations in association with a strong deformation zone, notably near the tectonic contact of the La Grande-Opinaca sub-provinces. The mineralization style and tectonic setting share considerable similarities with the Eleonore mine held by Goldcorp (see figure 2: Regional Geology Map, and the July 6, 2016 press release).

Since the announcement of expanded mineralization of the Cheechoo deposit by Sirios Resources on March 29, we have seen several significant exploration budgets announced along this major tectonic boundary. These include exploration programs by Sirios Resources (April 22, 2016-5.5M$CAD), Midland Exploration with Osisko Exploration (June 16, 2016-1M$CAD), and Les Mines Opinaca with Eastmain Resources and Azimut Exploration (June 16, 2016-2M$CAD).

Guy Desharnais, P.Geo., Ph.D. (OGQ No.1141), is a Qualified Person as per NI 43-101; he reviewed and approved the technical content of this press release.

"In the current climate of renewed interest in gold exploration in James Bay, we are eagerly looking forward to receiving the results of the summer 2016 exploration campaign," said André Gauthier, President and CEO of Matamec. "It further enhances the depth and breadth of gold properties in the Company's portfolio, not only in James Bay but also in Timmins in Ontario, which effectively demonstrates that Matamec's strategic vision, 'From Gold to Rare Earths,' is an added value for shareholders of the Company."

Option Granted to CSM

On August 16, 2013, Matamec signed an option agreement with CSM in which the latter could acquire a 50% interest in the Sakami gold project by spending CAD$2,250,000 in exploration work and other conditions over a period of three (3) years. Now that CSM holds a 50% undivided interest in the Sakami property, it has 180 days to exercise its option to acquire an additional 20% interest in the property. To do so, it must issue 1,000,000 shares of CSM to Matamec, and complete an independent bankable feasibility study within the next five (5) years. During this period, CSM must spend a minimum of $2 million in exploration activities before the end of each year until the independent bankable feasibility study is completed.

About Matamec

Matamec Explorations Inc. is a junior mining exploration company whose main focus is in developing the Kipawa HREE JV deposit owned at 72% by the Company 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. Furthermore, the Company is exploring more than 35 km of strike length in the Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum mineralization on its Zeus property.

The Company is also exploring for gold, base metals and platinum group metals. Its gold portfolio includes the Hoyle-Matheson Royalties (see the March 2, 2016 and April 28, 2016 press releases), Matheson JV (MJV) and Pelangio properties located along strike and in close proximity to Goldcorp's Hoyle Pond Mine in the prolific gold mining camp of Timmins, Ontario. Matamec holds a 50% undivided interest in the MJV property and is its operator. In addition, the Company holds a 1% NSR royalty in the Montclerg Property located 48 km northeast of Timmins along the Pipestone Fault.

In Québec, the Company is exploring for strategic metals such as lithium, tantalum, and beryllium on its Tansim property and for precious and base metals on its Valmont and Vulcain properties.

This news release contains "forward-looking information" within the meaning of Canadian securities legislation. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "scheduled", "anticipates", "expects" or "does not expect", "pursue", "targeted", or "believes", or variations of such words and phrases that state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Although Matamec has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to, those risk factors set out in the Company's year-end Management Discussion and Analysis dated December 31, 2015 and other disclosure documents available under the Company's profile at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and Matamec disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Follow us on Twitter: https://twitter.com/MatamecInc

Visit us on Facebook: https://www.facebook.com/MatamecInc

Maps associated with this press release are available at the following addresses:

http://media3.marketwire.com/docs/160818_MAT_Sakami_Property_Claim_Cells_Fig1.pdf

http://media3.marketwire.com/docs/160818_MAT_Sakami_Property_Regional_Geological_Map_Fig2.jpg

Matamec Explorations inc.

Andre Gauthier

President

(514) 844-5252

info@matamec.com

The Sakami Summer Exploration Program Launches Amidst a Rush of Interest in Mineral Exploration Along the La Grande-Opinaca Tectonic Boundary in the Baie James Sector
12:23 pm ET July 6, 2016 (Market Wire) Print

MONTREAL, QUEBEC--(Marketwired - Jul 6, 2016) - Matamec Explorations inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQX:MHREF) and Canada Strategic Metals ("CSM") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) are pleased to announce that the exploration program of almost CAD$700,000 that recently started on the Sakami property (see June 28th, 2016 press release), is taking place as a rush of interest in the mineral exploration is happening along the La Grande-Opinaca Tectonic Boundary in the Baie James Sector (See figure 1: Regional Geology).

Since the announcement of expanded mineralization of the Cheechoo deposit by Sirios Resources on March 29, we have seen several significant exploration budgets announced. These include exploration programs by Sirios Resources (April 22, 2016-5.5M$CAD), Midland Exploration with Osisko Exploration (June 16, 2016-1M$CAD), and Les Mines Opinaca with Eastmain Resources and Azimut Exploration (June 16, 2016-2M$CAD).

Sakami Property

Option Agreement - Sakami Property

On August 16, 2013, Matamec signed an option agreement with CSM in which the latter could acquire a 50% interest in the Sakami gold project by spending CAD$2,250,000 in exploration work and other conditions over a period of three (3) years.

Geology

The property covers a major geological contact between two sub-provinces that are very favourable for hosting gold deposits. This geological setting comprises the Opinaca sediments, the La Grande mafic volcanics, and iron formations in association with a strong deformation zone, notably near the tectonic contact of the La Grande-Opinaca sub-provinces. The mineralization style and tectonic setting share considerable similarities with the Eleonore mine held by Goldcorp (see April 4th and 25th, 2016 press releases).

Focus areas

The Summer 2016 program plans to test 4 separate areas, including a 2,000 m drill campaign on the La Pointe sector. Ground geophysics, mapping and prospecting around previously defined anomalies will be completed over the Péninsule, Île and JR sectors (see figure 2).

Significant gold potential in the La Pointe Zone

A 2,000 m drilling program is planned on the La Pointe area to extend Zone 25 to the northwest and southeast. The drilling program is also aimed at increasing the size of the main gold zone (Zone 25) to the west-northwest and the south-east, as well as its extension at depth. In addition, a stratigraphic exploration hole is planned in the south portion of La Pointe (see figure 3, Location of projected drilling holes.)

The most significant drillhole intervals of the La Pointe zone are located along the northwest limit of the model, which remains open in that direction. Recent remodeling of the La Pointe zone revealed two superimposed main structures (veins 22 and 25), which have a relatively predictable continuity, as well as potential for additional veins (see figure 4: Vertical section). These mineralized horizons are sub-parallel to the major tectonic contact, which span more than 15 km on the Sakami property.

Guy Desharnais, P.Geo., Ph.D. (OGQ No.1141), is a Qualified Person as per NI 43-101; he reviewed and approved the technical content of this press release.

"Since 2013, Matamec has been progressing well on this gold project. We have good reason to expect continued success with this Summer 2016 exploration program," said André Gauthier, President and CEO of Matamec. "Moreover, the breadth of the Company's gold property portfolio clearly demonstrates that Matamec's strategy, "From gold to rare earths," is an added value for shareholders of the company".

About Matamec

Matamec Explorations Inc. is a junior mining exploration company whose main focus is in developing the Kipawa HREE JV deposit owned at 72% by the Company 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. Furthermore, the Company is exploring more than 35 km of strike length in the Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum mineralization on its Zeus property.

The Company is also exploring for gold, base metals and platinum group metals. Its gold portfolio includes the Hoyle-Matheson Royalties, Matheson JV and Pelangio properties located along strike and in close proximity to the Hoyle Pond Mine in the prolific gold mining camp of Timmins, Ontario. The Company holds a 50% undivided interest in the Matheson JV, with International Explorers and Prospectors inc. holding the remaining 50% undivided interest. The Company is the operator of the MJV. MJV property consists of 60 mining titles. In addition, the Company holds a 1% NSR royalty in the Montclerg Property located 48 km northeast of Timmins along the Pipestone Fault.

In Québec, the Company is exploring for strategic metals such as lithium, tantalum and beryllium on its Tansim property and for precious and base metals on its Sakami, Valmont and Vulcain properties.

This news release contains "forward-looking information" within the meaning of Canadian securities legislation. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "scheduled", "anticipates", "expects" or "does not expect", "pursue", "targeted", or "believes", or variations of such words and phrases that state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Although Matamec has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to, those risk factors set out in the Company's year-end Management Discussion and Analysis dated December 31, 2015 and other disclosure documents available under the Company's profile at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and Matamec disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Figures 1 to 4 are available at the following link: http://media3.marketwire.com/docs/1061713aFig.pdf

Follow us on Twitter: https://twitter.com/MatamecInc

Visit us on Facebook: https://www.facebook.com/MatamecInc

Andre Gauthier, President (514) 844-5252 info@matamec.com

Matamec Provides an Update to the Kipawa Rare Earths Joint Venture Project




MONTREAL, QUEBEC--(Marketwired - June 20, 2016) - Matamec Explorations Inc. (« Matamec » or the « Company ») (TSX VENTURE:MAT)(OTCQX:MHREF) is very pleased to announce that its 2015-2017 objectives are being achieved as planned for the Kipawa rare earths joint venture project ("the JV"), of which 72% is owned by Matamec. At the formation of the JV in January 2015, the joint venture held funds of $ 4M CAD. As of March 31st 2016, the JV has invested $1,970,000 CAD in reaching the objectives. The joint venture plans to invest the remaining $2,030,000 CAD over the next year in pursuit of its 2015-2017 objectives.

In the context of sustainable development, the success of the Kipawa rare earth project is contingent upon the completion of the following four undertakings: developing a technically robust metallurgical process flowsheet; achieving economic viability for the project; reaching environmental objectives; and obtaining social acceptability. The 2015-2017 objectives were established accordingly as follows:
1.Optimize metallurgical flowsheet;
2.Demonstrate the recovery of rare earths from silicate minerals on an industrial scale;
3.Evaluate opportunities to reduce the environmental footprint of the project;
4.Update Feasibility Study, previously published in October 2013;
5.Continue the social acceptance process with indigenous communities and local populations involved in the project;
6.Continue discussions with strategic financial and industrial partners.

For further information, we invite you to consult the various management reports that Matamec has filed with SEDAR for the Kipawa rare earth Joint Venture project, as well as the information that has been and will continue to be posted on Matamec's website.

About Matamec

Matamec Explorations Inc. is a junior mining exploration company whose main focus is in developing the Kipawa HREE JV deposit owned at 72% by the Company 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. Furthermore, the Company is exploring more than 35 km of strike length in the Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum mineralization on its Zeus property.

The Company is also exploring for gold, base metals and platinum group metals. Its gold portfolio includes the Hoyle-Matheson Royalties, Matheson JV and Pelangio properties located along strike and in close proximity to the Hoyle Pond Mine in the prolific gold mining camp of Timmins, Ontario. The Company holds a 50% undivided interest in the Matheson JV, with International Explorers and Prospectors inc. holding the remaining 50% undivided interest. The Company is the operator of the MJV. MJV property consists of 60 mining titles. In addition, the Company holds a 1% NSR royalty in the Montclerg Property located 48 km northeast of Timmins along the Pipestone Fault.

In Québec, the Company is exploring for strategic metals such as lithium, tantalum and beryllium on its Tansim property and for precious and base metals on its Sakami, Valmont and Vulcain properties.

In August 2013, Matamec signed an option agreement where Canada Strategic Metals ("CSM") can acquire an interest of up to 50% in the Sakami gold project, located in the James Bay region of northern Quebec, by committing CAD$2.25 million in exploration work within 3 years. Today, CSM has spent around CAD$1,600,000, with $695,000 remaining to be spent before August 16, 2016. One of the four areas explored for gold on the Sakami property, the La Pointe zone, shows evidence of significant gold potential, as reported in the last press release dated April 4, 2016.

This news release contains "forward-looking information" within the meaning of Canadian securities legislation. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "scheduled", "anticipates", "expects" or "does not expect", "pursue", "targeted", or "believes", or variations of such words and phrases that state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Although Matamec has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to, those risk factors set out in the Company's year-end Management Discussion and Analysis dated December 31, 2014 and other disclosure documents available under the Company's profile at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and Matamec disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Follow us on Twitter: https://twitter.com/MatamecInc

Visit us on Facebook: https://www.facebook.com/MatamecInc


Andre Gauthier, President
(514) 844-5252
info@matamec.com

Again right on Varok.

Good to see someone with the balls to make bold predictions.

Monitoring this stock closely.

Looking forward to seeing OTC action rev up.

MHREF - Another great week.

Again, I'm not talking about the OTCBB exchange on this issue. I'm referring to the TSX exchange where most of the volume is making extreme headway.

Remember, this issue is a sleeper, meaning the interest is just now taking notice.

On April 4th at the open the price was sitting at .035 on the OTCBB and now at the end of April we are sitting at .053. This is an increase of 51%.

Friday the close on the TSX was .06 a 52 week high on huge volume of 543K.

I predict that this issue will hit .10 within the next week or two giving it a fair value of
$14m MC.

Remember, there are no shares available and it must go higher.

Have a good day
varok

Indeed Mr. Fmeded.

You know the saying. "If they build it they will come".

Right now all the action is on the TXS exchange and volume is increasing every day.

We will get our day very shortly.

Large blocks indicates that big money is flowing in.

One thing for sure, this issue isn't going to need 3-5 million shares to make a huge spike. Oh we will get that volume, but I believe, since shares are non-existent, the MM will let it run for a possible double and then entice sellers. They (MM) will be forced to play on momentum, not by their rules, but the rules of science in levity. Gravity of inversion is the one area that MM can't control and will be forced to play into an arena that is controlled by anxiety and emotion of a stock that has gone ballistic. Now of course this scenario requires the company to maintain a handle on the O/S in the interim.



Have a good day
varok

Right on Varok - seems only you and me truly believe in this one.

I am taking any opportunity to add.


To me this is already a real company - I mean after all why would a huge Japanese conglomerate (Toyota) sign up to a deal with some BS fake mining company ?? (Doesn't make any sense).

The PR to watch for is the issue with First Nation.

There is no doubt that First Nation will collaborate with MHREF and once this is announced, you will see a huge spike and the reason why I say this, is because there are just NO shares available.

This company has been in R%D for the last five years without selling shares to stay afloat and this makes this penny play a real company.

Their main project or claim has completed all it's assaying and environmental concerns and now it's just moving into operational phase which is scheduled for 3rd/4th qtr. this year.

I see target .10 on the announcement of First Nation and then on to .20 above once we move into operational stage.

Also consider the claims portfolio which is considerable and yet to move into R%D.

Time to add.

Have a good day
varok

There is gold is them thare hills.

Oh yes this baby is gonna explode when the rare earths get going later in the year...

My take on the future of Matamec

Good Afternoon,

Every now and then comes along a pinksheet or pennystock that has huge potential. Now I come from this mindset after 20 years of playing the penny-arcade and from my professional experience of having my own business as a corporate profiler and Merger and Acquisitions for the last 16 years.

Trading pennystocks is an art and science that requires an absolute discipline in understanding the nature of pennystocks. Trading in this venue is not for most and from history's standpoint most (98%) of all pennystocks, fail or flounder at the bottom to never return.

Now we have in Matamec a truly well run and in my belief a pennystock that has long-term investment potential. I have never considered a pennystock as an investment, but a mechanism to build wealth by trading and not holding to augment your earnings into investment grade securities.

I see huge upside with MHREF as we move closer to the actual operational stage.

The company so far has been extremely discipline in controlling the issue of shares or maintaining a lid on the execution or retailing other wise known as diluting the pool by running the operational stage, Administration and R&D. This is very positive and is what drags down most pennystocks and leaves investors holding worthless stock to never be able to recoup their principle investment. This company, so far is and appears to have shareholders interest in mind and that is the beginning to feel comfortable with your investment.

It doesn't surprise me that we are still lingering down in the subpennies, but eventually this will change as we move forward.

As the world moves into a renewable source for our energy needs the Kipawa project with Toyota as a partner is only going to enhance our investment that will commend credibility and as such, so will the investment for us shareholders.

As the company has noted from their analysis, the Kipawa project is a 2. $b recoverable mining project over a period of 15 years.

So when we break this down to actual revenue per year, it is 16 $m.

Now I'm not going into the operational costs since this part still has to be determined and giving actual numbers may prove to be unproductive at this time, but the company has mentioned in one of their past statements that a 25 $m capital outlay needs to be obtained. This original capital expenditure is only the beginning, but still well within making this enterprise a profitable venture for us and the company.

Currently our market cap is under 1 $m with 120m O/S and generally is within the scope of pennystock companies that truly have a business model.

As we move forward going into 2015 and closer to operational stage, which I believe to be around 2016 when we will be in full production the share price will start it's climb and I expect this to happen by the end of this year or the spring of 2015.

Currently the company maintains a burn rate of 12 $k per month , but we can count on this to drastically to go up once we go into operational stage, but with a potential of 16 $m per year of revenue or 1 $m per month, one has to agree that we are looking at an eventual considerable multiple increase in the share price.

Of course, much of this rise in the share price will be dependant upon the financial package that the company needs to secure it's capital needs to move into operational stage, but still, we should see a significant increase to at least 10 fold from the current price of .07.

One can reasonably be comfortable to the understanding that a major price hike is in the future and if the timeline on actual operational and the capital financial package is made public, we will see a move by the end of this year going into spring.

I see the first point of resistance on the share price to be around .25 and this will give us a MC of 3 $m, still well below the fair value. I am not looking at PE ratio since pennystock companies generally are never tabulated on PE, but straight accounting. I expect this movement to begin near the end of 2014 through the end of spring 2015 since the winter months well probably have very little impact.

With 16 $m in potential revenue for the first year of operation expected for 2016, but 2017, should allow for us to have a share price to be well over 1.00$. Again, of course this is dependant upon the financial package and how it is laid out with the equity end of the deal.

But let's assume that our O/S move up from 120m to 250m, even at 250 O/S one can see that under the current share price of .07 is still well under the fair value of MC 2 $m. Even at .25 the MC will be 6 $m still well under fair value if the figures of retrieval reserves is based on 16 $m per year.

If the 16 $m achievable resources is met and not mentioning the actual burn at the time during operation we could very well command a share price of .65 giving a MC of 16 $m straight up accounting without a PE ratio calculated. So one can see definitely .50 without any problem.

Now you must take into acct the gold aspect of other claims. This needs to be calculated into the overall worth and the other claims yet still to be realized with respect to feasibility and operational costs to profitability assessment.

With the Kipawa project we should bode well on it's own merit and adding the other assets (claims) we can commend a share price of well over a $1.00 in the years to come and I believe this company will eventually move out of the pennyarcade and become a true investment grade company.

I recommend this a buy at the current price of .07 and under .13. Always do your due diligence and never invest more than you can lose.


Have a good day
varok

Canada Strategic Metals Inc.: Regional Setting of the Sakami Gold Property
9:32 am ET April 25, 2016 (Market Wire) Print

Canada Strategic Metals Inc. ("Canada Strategic Metals" or "the Company") (TSX VENTURE: CJC)(FRANKFURT: YXEN)(OTCBB: CJCFF) and Matamec Explorations Inc. (TSX VENTURE: MAT)(OTCQX: MHREF) are pleased to announce that the La Pointe Zone of the Sakami property shows evidence of significant gold potential. The property covers a major geological contact between two sub-provinces that are very favorable for hosting gold deposits. This geological setting comprises the Opinaca sediments, the La Grande mafic volcanics, and iron formations in association with a strong deformation zone, notably near the tectonic contact of the La Grande-Opinaca sub-provinces. The mineralization style and tectonic setting share considerable similarities with the Eleonore mine held by Goldcorp and the Cheechoo showing held by Sirios Resources, such as :

-- The mineralization associated with silicified paragneiss containing fine
quartz veinlets.
-- An alteration of quartz and brown tourmaline with minor arsenopyrite
mineralization.
-- An association of gold mineralization with a very proximal tonalite
intrusion.
-- The presence of gold mineralization associated with silicified
paragneiss of the Opinaca basin, including fold structures.

The reader is cautioned that there is no guarantee that mineralization of the grade reported on the Cheechoo deposit will be identified on the Company's Sakami project.

Recently, Sirios Resources announced significant gold results on the Cheechoo project with an intersection of 12.08 g/t Au over 20.3 meters (see press release of March 29, 2016 by Sirios Resources), as well as the closing of a private placement with Goldcorp in the amount of $ 962,000 (see press release of February 23, 2016).

Significant gold potential in the La Pointe Zone (Sakami Property)

The most significant drill hole intervals of the La Pointe zone are located along the northwest limit of the model, which remains open in that direction. Recent remodeling of the La Pointe zone revealed two superimposed main structures (vein 22 and 25), which have a relatively predictable continuity, as well as potential for additional veins (see figure 3 attached: Vertical Section).

The following table shows the best results of drilling to date on the La Pointe sector (these results have been already disclosed by press release on June 9, 2015):

-----------------------------------------------------------------------
-----
-----------------------------------------------------------------
-----------
Hole # From (m) To (m) Length(i) (m) Au (g/t)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PT-13-65 112.50 138.00 25.50 3.03
Including 126.00 138.00 12.00 4.00
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PT-13-67 126.90 154.85 27.95 3.78
Including 132.25 154.85 22.60 4.01
Including 138.00 145.00 7.00 7.21
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PT-13-68 200.50 221.00 20.50 2.77
Including 201.65 215.00 13.35 3.23
Including 201.65 205.00 3.35 4.71
278.25 281.10 2.85 2.82
294.00 297.00 3.00 1.70
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PT-13-71 49.10 51.65 2.55 2.06
102.00 121.50 19.50 2.97
Including 107.40 121.50 14.10 3.78
Including 112.00 121.50 9.50 3.95
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PT-13-72 112.50 130.40 17.90 2.24
Including 112.50 119.00 6.50 3.65
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PT-14-74 237.65 264.00 26.35 2.30
Including 243.70 252.50 8.80 3.80
Including 247.70 252.50 4.80 5.18
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PT-14-79 188.00 236.20 48.20 2.51
Including 188.00 200.00 12.00 6.93
Including 190.00 196.00 6.00 11.35
Including 202.50 207.00 4.50 1.33
Including 226.50 234.00 7.50 3.06
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PT-14-82 231.45 271,70 40.25 1.43
Including 231.45 235.50 4.05 5.12
Including 231.45 240.00 8.55 3.58
Including 256.85 259.00 2.15 3.83
Including 267.50 271.70 4.20 2.38
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PT-14-83 240.00 295.50 55.50 1.06
Including 240.00 252.00 12.00 3.54
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PT-15-85 148.50 194.00 45.50 1.47
Including 148.50 156.00 7.50 3.84
Including 183.00 194.00 11.00 1.74
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PT-15-87 219.40 229.00 9.60 6.86
Including 220.50 227.00 6.50 9.9
----------------------------------------------------------------------------
----------------------------------------------------------------------------

(i) Core length; the Company estimates the true width of the mineralized zone at 70 to 95% of the core length.

This area is recognized to date (see figure 3 attached: Vertical Section):

-- the zone is continuous along a lateral distance of at least 250 m;
-- the zone extends beyond 500 m depth down the dip of the structures;
-- the mineralization remains open to the northwest, as well as at depth,
with the best intersects along the northern edge (see figure 2 attached:
Plan view).

These mineralized horizons are sub-parallel to the major tectonic contact, which spans more than 15 km on the Sakami property (See figure 1 attached: Sakami Property Geology).

Jean-Sebastien Lavallee (OGQ #773), geologist, shareholder, President and Chief Executive Officer of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 20,000 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Sakami Property Geology (Figure #1) : http://media3.marketwire.com/docs/1051852_1.pdf

La Pointe Zone - Plan View of Vein 25 (Figure #2): http://media3.marketwire.com/docs/1051852_2.pdf

La Pointe Zone -Vertical Section (Figure #3): http://media3.marketwire.com/docs/1051852_3.pdf

Regional Geological Map (Figure #4): http://media3.marketwire.com/docs/1051852_4.pdf

Contacts:
Canada Strategic Metals Inc.
Jean-Sebastien Lavallee, P. Geo
President and Chief Executive Officer
819-354-5146

Paradox Public Relations
514-341-0408


SOURCE: Canada Strategic Metals Inc.

Wow yeh - this puppy is an easy 10 bagger.

Matamec Highlights the Gold Potential of the Hoyle-Matheson Royalties Property




MONTREAL, QUEBEC--(Marketwired - April 18, 2016) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQX:MHREF) announces the results of a review of the gold potential of the Hoyle-Matheson Royalties Property ("HMR"). As described in its press release dated March 2, 2016, Matamec sold its interest in the Colbert/Anglo Property and surface rights on 8 claims and received as consideration an amount of CAD$500,000 and a 1% Net Smelter Return ("NSR") Royalty on four properties collectively referred to as the Hoyle-Matheson Royalties Property (the details of the NSR terms are described below).

Gold potential of the Hoyle-Matheson Royalties Property

Based on its review, Matamec believes that the mineralized series of gold veins being mined and processed at Goldcorp's Hoyle Pond Gold Mine trends onto the HMR property. This press release summarizes publicly available information to highlight this conclusion. The four properties collectively referred to as the HMR upon which Matamec has received a 1% NSR are shown on the figure 1 and figure 2 available at the end of the release.

Technical information presented herein was gleaned from Goldcorp Investor Presentations from 2010 to 2015, Ontario Geological Survey publications and other public information, all of which Matamec has assumed to be reliable. Matamec's review indicates that within the Hoyle Pond Gold Mine property, to the west of the HMR, the mineralized veins occur primarily within, or proximal to a 500-800 meter thick mafic volcanic package, with ultramafic rocks occurring near the core (see figure 2). Several individual veins have been mined or are currently being mined or developed on the Hoyle Pond Gold Mine property. Individual gold bearing veins have a relative predisposition for an east-north-east direction. Together, these families of veins also trend in an apparent east-north-east direction with a plunge to the east. It is as of yet unknown if the mineralization system occurs within the HMR.

The similarity between the rock sequences, structural interpretation and mineralized zones occurring on the Mill Creek/Colbert Zone and at the Hoyle Pond Gold Mine is striking. These two zones are on either side of the HMR, with the prospective geological and structural packages trending onto it from both directions (Figure 1 and 2).

Hoyle Deep Project

The Hoyle Deep Project consists of production and exploration on Goldcorp's Hoyle Pond Mine property up to 2,200 m deep. The currently operating surface shaft extends from surface to the 720 m Level. Also currently operating is the #1 Winze internal shaft extending from the 655 m Level to the 1390 m Level. The No.2 Winze was scheduled for completion in Q1 2016 and will operate from 355 m to 1705 m. Goldcorp has stated that it is making additional investments at the Hoyle Pond Gold Mine, including the upgrade of the paste facilities by installing new infrastructures to improve reliability.

TVZ mineralized structures

The mineralized structures referred to as TVZ1 and TVZ2 of the Hoyle Pond Gold Mine property have significant potential and are currently in the early prefeasibility stage at Goldcorp. Their strike appears to be north-east with a dip to the north-west at about 75 to 80 degrees as shown in figure 1 and figure 2. There is a plunge to the mineralization towards the east that has been drilled by Goldcorp from underground in 2014 and 2015. The plunge of the mineralization averages 55 degrees to the east. The discovery of the TVZ 2 structure shows that the TVZ has multiple mineralized veins in some areas. Similar features are observed on the Mill Creek/Colbert Zone.

Mill Creek/Colbert Zone

Available information also indicates to the northeast of the Glencore Metallurgical Complex and within the HMR, the presence of a down dip extension of the Mill Creek/Colbert Zone. This mineralization is hosted near the north contact of the same mafic volcanic package (angular unconformity) hosting some of the Hoyle Pond Gold Mine's mineralized structures. This angular unconformity has been intercepted by more than 10 drill holes and appears to be continuous over a strike of at least 350 metres and a depth of at least 650 metres. It is open on both sides and also at depth (see Matamec press release dated September 3, 2008). Figure 2 shows extrapolation of the angular unconformity at depths of 500 metres, 1000 metres and 1500 metres.

General considerations regarding Figure 1 and Figure 2

It has to be noted that the positioning of Hoyle Pond Gold Mine mineralized zones, internal shafts and the PST zone has been approximated based on publicly available information. Error in location is in the order of 200 m. Error in orientations is on the order of 5 degrees. Positions and orientations for these zones, shown conceptually as ovals, were extracted from Goldcorp publications based on its own exploration and interpretations.

Details on Net Smelter Return ("NSR") Royalty

Goldcorp granted a 1% NSR royalty to Matamec:
•in respect of the leased mining rights located in Hoyle township (shown in blue in figure 1 and 2), east of the Hoyle Pond Gold Mine. The NSR royalty on the aforementioned leased mining rights shall be payable after the initial 500,000 ounces gold equivalent threshold is met;
•in respect of the fee simple mining rights (shown in teal) located in Hoyle township, east of the Hoyle Pond Gold Mine; and
•in respect of the Colbert/Anglo Property (shown in red) mining rights located in Matheson township, east of the Hoyle Pond Gold Mine, with a right to buy back 0.375% of such NSR royalty for an amount of CAD$500,000;

Glencore granted a 1% NSR to Matamec in respect of Glencore's "Bint Property" (shown in green) located in Matheson township, east of the Hoyle Pond Gold Mine.

"Taken together, these results are promising for the Hoyle-Matheson Royalties Property," said André Gauthier, President and CEO of Matamec. "They reinforce our expectation that the HMR will yield significant gold potential."

Guy Desharnais, géo., Ph.D. (OGQ No.1141), is the qualified person as defined in NI 43-101 who supervised the preparation of the technical information in this news release.

About Matamec

Matamec Explorations Inc. is a junior mining exploration company whose main focus is in developing the Kipawa HREE JV deposit owned at 72% by the Company and 28% by Ressources Québec; Toyota Tsusho Corp. (Nagoya, Japan) holds a 10% royalty on net profit in the deposit. Furthermore, the Company is exploring more than 35 km of strike length in the Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum mineralization on its Zeus property.

The Company is also exploring for gold, base metals and platinum group metals. Its gold portfolio includes the Hoyle-Matheson Royalties, Matheson JV and Pelangio properties located along strike and in close proximity to the Hoyle Pond Mine in the prolific gold mining camp of Timmins, Ontario. The Company holds a 50% undivided interest in the Matheson JV, with International Explorers and Prospectors inc. holding the remaining 50% undivided interest. The Company is the operator of the MJV. MJV property consists of 60 mining titles. In addition, the Company holds a 1% NSR royalty in the Montclerg Property located 48 km northeast of Timmins along the Pipestone Fault.

In Québec, the Company is exploring for strategic metals such as lithium, tantalum and beryllium on its Tansim property and for precious and base metals on its Sakami, Valmont and Vulcain properties.

In August 2013, Matamec signed an option agreement where Canada Strategic Metals ("CSM") can acquire an interest of up to 50% in the Sakami gold project, located in the James Bay region of northern Quebec, by committing CAD$2.25 million in exploration work within 3 years. Today, CSM has spent around CAD$1,600,000, with 695,000$ remaining to be spent before August 16, 2016. One of the four areas explored for gold on the Sakami property, the La Pointe zone, shows evidence of significant gold potential, as reported in the last press release dated April 4, 2016.

This news release contains "forward-looking information" within the meaning of Canadian securities legislation. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "scheduled", "anticipates", "expects" or "does not expect", "pursue", "targeted", or "believes", or variations of such words and phrases that state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Although Matamec has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to, those risk factors set out in the Company's year-end Management Discussion and Analysis dated December 31, 2014 and other disclosure documents available under the Company's profile at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and Matamec disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Figure 1 is available at the following link: http://media3.marketwire.com/docs/1050986a_Fig1.jpg

Figure 2 is available at the following link: http://media3.marketwire.com/docs/1050986a_Fig2.jpg

Follow us on Twitter: https://twitter.com/MatamecInc

Visit us on Facebook: https://www.facebook.com/MatamecInc


Andre Gauthier, President
(514) 844-5252
info@matamec.com

Another great week. up 13% close at .0321 from .024

Good Close and was predictable.

We needed this close at .045 for the charts.

The volume was impressive.

This looks smart and plays an important overall view on the momentum going forward.

The smart money plays the science on the charts and this close puts us in a favorable position.

Remember, I am referring to the Canadian exchange TSX

By the way we did have a good volume here on the OTCBB with a close of .0285. This was a high not seen in a couple of years.

Have a good day
varok

This issue has to go higher.

The advantage to us on this, is that most of us have bought into MHREF at much higher prices and averaged down to where the break even is almost where we are today.

Market Makers have no choice but to let it go. They need new buyers at this range and they know it. See MM make it on the spread regardless whether news comes out or not.

Even very small purchases have taken it's toll and why the amount of shares on the bid/ask are at best just insignificant for them to allow any real volume at these levels.

My belief is, until more shares are sold the MM's will gradually continue to raise the bid and forced to accommodate the ask accordingly.

They just don't have a choice in the matter. Their in the business to execute trades and make sales on every point, not have it sit.

We are going much higher folks even before the great news we all know that is around the corner and then watch how they will manipulate the folks selling into a run.

They just don't have the momentum right now and it's our game.

But once we get the news we expect, This issue is going to spike higher that very few have witness in the penny-arcade.

I have been in this a long time and had in all my years great runs, but this issue is probably going to be in all my years as one of the best all time greatest plays and there have been a few.

Have a good day
varok

Well we had had another great week and I expect to see .05 up next week.

Now I know many of you wonder what the heck I'm talking about since most of you do not follow the Canadian exchange.

See this company does trade on the OTCBB, but we don't have volume since TSX covers this exchange for the time being that is where I hang.

This is what I mean as a sleeper issue it isn't widely known here, but in Canada it's starting to get noticed and shortly it will here in the states.

Have a good day
varok

It really isn't that strange for a rise of 7 cents with this issue.

See the one advantage we have is that there are very little amount of shares in circulation. Meaning shares are tightly held and that will make for an interesting trading week when we get the news that I expect, of which being on First Nation. See, this news will be a catalyst for so much pressure on the share price, what is known as a spike, that even the Market Makers will loose control and without a doubt must continue to raise the bid to entice sellers and eventually gain the momentum. This will only happen once they realize the equilibrium of the bid/ask or the temptation to attract sellers.

Don't get me wrong, Market Makers know this game and how to manipulation the mindset of traders, however, if the amount of shares remain where they are today even they (MM) will be caught off guard and must act accordingly.

Now of course this can be offset with what most pinklsheet hustlers do is sell on the news and management sell into the press release, but with past indication and I have been following this issues for 5 years, the company hasn't really abused the dilution or polluting the share pool by arbitrarily selling shares. This company has been quite conservative in this matter and we can only hope and I believe that managements interest is towards the betterment of the company for the long-term and shareholders interests.

Either way it's going to get really interesting and I believe one hell've ride.

One reason why this ride will explode is because most folks have averaged down from highs well beyond where it is today and will hold out, thus puts pressure on MM to continue up the bid to entice sellers.

Have a good day
varok

Same, same. Thanks

What is fair value for MHREF NOW!!

First we must take into account that for the foreseeable future that actual worth can only be tabulated on a straight-out accounting. Meaning that the worth of a pinksheet company is based on actual near term that involves revenue, without the computation of advanced accounting like EPS or the most talked about which is PE. These two measure doesn't exist on measuring the pinksheet company.

So what are we left with, with respect to MHREF?

Notice currently, we have a MC of just around $5m based on 137m S/O at current price of Can.04.

This is based on a number of factors, of which one is the current situation with First Nation. The latter will not move this until we get confirmation that First Nation is onboard. Then things will drastically improve.

So the first step you can look at that will fall in place is a MC of 10$ million. This figure has generally been a round worth given many or most pennystocks in my trading years. Many pennystocks without a business model to speak of, but the volume dictates this and one area where we fall short, but understandable due to the lack of volume and thus interest.

This is where .10 per share is a very reasonable target on the first pressure when the News comes out that First Nation is onboard.

Once we actually move into operational stage and importantly the financial package that follows, will dictate the price, but it must come on the heels of volume verses pressure enhance share price appreciation.

So for now, I believe the fair value of all that involves, claims, Kipawa project and partners like Toyota and the Quebec Resources should allow a share price of .10-.13 = $13,500,000 MC based on 137m S/O.

This is the starting point.

Have a good day
varok

Hi eom7,

No problem glad to see you're still around.

Have a good day
varok

Thanks for the update. FYI... I cant PM anymore

About Matamec

Matamec Explorations Inc. is a junior mining exploration company whose main focus is in developing the Kipawa HREE JV deposit owned at 72% by the Company and 28% by Ressources Qubec; Toyota Tsusho Corp. (Nagoya, Japan) holds a 10% royalty on net profit in the deposit. Furthermore, the Company is exploring more than 35 km of strike length in the Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum mineralization on its Zeus property.

The Company is also exploring for gold, base metals and platinum group metals. Its gold portfolio includes the Hoyle-Matheson Royalties, Matheson JV and Pelangio properties located along strike and in close proximity to the Hoyle Pond Mine in the prolific gold mining camp of Timmins, Ontario. Also, the Company holds a 1% NSR royalty in the Montclerg Property located 48 km northeast of Timmins along the Pipestone Fault.

In Qubec, the Company is exploring for rare metals on its Tansim property and for precious and base metals on its Sakami, Valmont and Vulcain properties.

Financial June 30 2015.

http://www.matamec.com/vns-site/uploads/documents/Financial_Statements-Matamec_June30_2015.pdf

This is the corner stone for this company.

The company has been quietly conducting their R&D for the last 5 years with all permits and samples documented and is now ready to go online later this year 2016.

See link.

http://www.matamec.com/vns-site/uploads/documents/matamec-feasibilitypresentation-04092013-7h00.pdf

The company doesn't conduct selling shares and has partners with deep pockets.

After investing approx. 16 million into this project Toyota now has a 10% royalty stack and the Quebec government invested $4 million.

This is by far the best pennystock yet and will reward investors.

Sakami's La Pointe Zone Reveals Additional Gold Potential
12:40 pm ET April 4, 2016 (Market Wire) Print

Matamec Explorations inc. ("Matamec" or the "Company") (TSX VENTURE: MAT)(OTCQX: MHREF) and Canada Strategic Metals ("CSM") (TSX VENTURE: CJC)(FRANKFURT: YXEN)(OTCBB: CJCFF) are pleased to announce that the La Pointe zone of the Sakami property shows evidence of significant gold potential. The property is optioned by CSM (see below: Option agreement - Sakami Property) and is situated in James Bay (Quebec). The La Pointe zone is located in the southern part of the property (See figure 1: Sakami Property Geology).

Significant gold potential in the La Pointe Zone (Sakami Property)

The most significant drillhole intervals of the La Pointe zone are located along the northwest limit of the model, which remains open in that direction. Recent remodeling of the La Pointe zone revealed two superimposed main structures (vein 22 and 25), which have a relatively predictable continuity, as well as potential for additional veins (see figure 3: Vertical section).

Previously summarized details of the La Pointe zone (See figure 3: Longitudinal section):

-- the zone is continuous along a lateral distance of at least 250 m;
-- the zone extends beyond 500 m depth down the dip of the structures;
-- the mineralization remains open to the northwest, as well as at depth,
with the best intersects along the northern edge (See figure 2: Plan
view).

These mineralised horizons are sub-parallel to the major tectonic contact, which spans more than 15 km on the Sakami property (see figure 1 Sakami Property Geology).

The orogenic gold deposits of the Sakami sector contain significant gold mineralisation occurrences that present similar characteristics as the same deposit types of the Abitibi and James Bay sectors. They consist of quartz and brown tourmaline with minor arsenopyrite mineralisation hosted within various lithologies (for example, the Opinaca sediments, the La Grande mafic volcanics, and iron formations) in association with a strong deformation zone, notably near the tectonic contact of the La Grande-Opinaca sub-provinces. The mineralisation style and tectonic setting share considerable similarities with the Eleonore mine and the Cheechoo showing.

Guy Desharnais, geo., Ph.D. (OGQ No.1141), is a Qualified Person as per NI 43-101; he reviewed and approved the technical content of this press release.

"The La Pointe zone of the Sakami property has not yet revealed its full potential," said Andre Gauthier, President and CEO of Matamec. "Moreover, the breadth of the Company's gold property portfolio clearly demonstrates that Matamec's strategy "From gold to rare earths", is an added value for shareholders of the company".

Option Agreement - Sakami Property

On August 16th, 2013, Matamec signed an option agreement with CSM in which the latter could acquire a 50% interest in the Sakami gold project by spending $2,250,000CAD in exploration work over a period of three (3) years and before August 16th, 2016. CSM has spent nearly $1,600,000CAD on the property to date.

About Matamec

Matamec Explorations Inc. is a junior mining exploration company whose main focus is in developing the Kipawa HREE JV deposit owned at 72% by the Company and 28% by Ressources Quebec; Toyota Tsusho Corp. (Nagoya, Japan) holds a 10% royalty on net profit in the deposit. Furthermore, the Company is exploring more than 35 km of strike length in the Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum mineralization on its Zeus property.

The Company is also exploring for gold, base metals and platinum group metals. Its gold portfolio includes the Hoyle-Matheson Royalties, Matheson JV and Pelangio properties located along strike and in close proximity to the Hoyle Pond Mine in the prolific gold mining camp of Timmins, Ontario. Also, the Company holds a 1% NSR royalty in the Montclerg Property located 48 km northeast of Timmins along the Pipestone Fault.

In Quebec, the Company is exploring for rare metals on its Tansim property and for precious and base metals on its Sakami, Valmont and Vulcain properties.

This news release contains "forward-looking information" within the meaning of Canadian securities legislation. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "scheduled", "anticipates", "expects" or "does not expect", "pursue", "is expected", "scheduled", "targeted", or "believes", or variations of such words and phrases that state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Although, Matamec has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to, those risk factors set out in the Corporation's year-end Management Discussion and Analysis dated December 31, 2014 and other disclosure documents available under the Corporation's profile at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and Matamec disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Sakami Property Geology (Figure #1) is available at the following link : http://media3.marketwire.com/docs/Sakami_Property_Geology_Fig1_ANG.jpg

La Pointe Zone - Plan View of Vein 25 (Figure #2) is available at the following link : http://media3.marketwire.com/docs/LaPointeZone_PlanViewofVein%2325_Fig2_ANG.jpg

La Pointe Zone -Vertical Section (Figure #3) is available at the following link : http://media3.marketwire.com/docs/LaPointeZone_VerticalSection_Fig3_ANG.jpg

Follow us on Twitter: https://twitter.com/MatamecInc

Visit us on Facebook: https://www.facebook.com/MatamecInc

Contacts:
Andre Gauthier, President
(514) 844-5252
info@matamec.com


SOURCE: Matamec Explorations Inc.

Rare Earth Metal Market Size, Shares, Strategies, and Forecasts, Worldwide, 2011 to 2017

The fundamental aspect of rare earth metals implementation relates to efficient extraction of the minerals forms deposits in the earth. Markets at $1.4 billion in 2010 are anticipated to reach $4.1 billion by 2017. Market growth comes as energy efficient units are built using rare earth elements.

A new study on Rare Earth Elements: Market Shares and Forecasts, Worldwide, 2011-2017. The study has 246 pages and 66 tables and figures.

The rest of the world was asleep as China grew to become a goliath in the rare earth industry. It took the rest of the world 20 years to wake up to the realization that the future of high technology could be in the hands of this one supplier. While there may be ample rare earth elements in the earth’s crust, the challenge is in locating reserves worth mining and putting into place the infrastructure and processes necessary to mine and process them.

China produces 96 percent of the world’s rare earth metals. Industrialized countries have realized that with a monopoly position, comes responsibility. China reduced its second-half rare earth metal export quota for the minerals by 72 percent in July 2010. It is now further restricting exports Repercussions and strategic implications are likely if rare earth elements supply were to be disrupted. .Actions by China have drawn criticism from U.S. lawmakers and officials in Japan and Germany.

After discovering a potential site and conducting a feasibility study, this type of mining operation requires permits, financing, building of infrastructure. Infrastructure includes roads, railways. The acquisition of mining technology, transportation for the materials, making mining machinery available, and processing of the raw materials is difficult.

According to Susan Eustis, lead author of the study, “All of these steps to rebuild the industry outside China could take up to ten years. In the meantime, China has a huge lead in educating engineers and scientists and in all aspects of the rare earth metal industry. This is a topic that has been neglected in the US and the western world until now.” It has not been glamorous or interesting to professors, universities, and most of all students. It is set to become more significant in many countries.

One potential threat is that, while China’s reduction in export quotas is currently causing prices to go up, if China were to turn that around and bring prices back down, this could potentially put these and other companies out of business even before they become fully operational.

Hybrid vehicles are one of many technologies that use rare earth elements . Global demand for hybrid vehicles is projected to be 14 to 16 million vehicles per year by 2017 so the impact to the rare earth market could be staggering. Additional Rare Earth supply sources must come on line to support this growing industry.

China has major plans to build a national rare earth resources strategic reserves base. The tentative plan is to store up the raw materials that were not used up from the annual excavation at Baosteel. China uses that to stabilize prices. Efforts are underway in Northern China to realize this goal.

The fundamental aspect of rare earth metals implementation relates to efficient extraction of the minerals forms deposits in the earth. Markets at $1.4 billion in 2010 are anticipated to reach $4.1 billion by 2017. Market growth comes as energy efficient units are built using rare earth elements.

Good Afternoon,

I can understand the sentiment on MHREF and lack of trading, but these issues are not the problem, but rather a godsend to allow one to acquire thousand of shares at these low prices.

See, with mining companies, it isn't just about the claims and MHREF has a slew of them, with most still on paper that need to be a analyzed, but the much needed capital to bring these claims into full production.

Now, this was then and now we have their Kipawa claim that has proven reserves and just recently announced that the Quebec government has granted through a grant for $4 million. This grant is the start for infrastructure and a bridge that is needed to bring this mining site into full production. All this was the burden of time that moves mining companies at such a slow pace and in effect results in very low volume or lack there of and for that, I'm pleased to say that my accumulation has been very successful.

The full production of the Kipawa mine isn't expected to be until 2016, but the end for these prices will become history very soon. This issue is not like any other pinksheet company. This company has been methodically moving forward on it's results from two more drill holes from the recent drilling campaign on the Sakami gold project with their partner Canada Strategic Metals. This mine has the goods and albeit only a 50% partnership and will probably be reduced to 25% is still a nice bonus for the portfolio, but is being compensated in millions for the collaboration.

The Kipawa project is in partnership with Toyota Tusho and will result in great revenue. The assessment on this project when fully operation is below.

KIPAWA HREE PROJECT – FS FINANCIAL MODEL HIGHLIGHTS
Net Present Value (NPV10%) (Pre-Tax) $260 million
Internal Rate of Return (IRR) (Pre-Tax) 21.6%
Revenue $2.55 billion
EBITDA $1.37 billion
CAPEX (initial) $374 million
OPEX (annual) $78.5 million
Payback Period (Pre-Tax) 3.9 years
Life of Mine (LOM) 15.2 years
Concentrate Production (annual avg.) 3,653 tonnes




So if we are to assess this one project only, one can see a MC of at least 5 $million that is a far cry from where we are today at .08 with a MC of 1 $m.But today's price is reflective of a company that is still in exploratory stage and this will change very soon.

As I have mentioned above, this company is not run a like a pinksheet, but quite the contrary and I believe in a very short time we will reflect the true share price reflective of a MC of around 5 $m.

As the above revenue for the Kipawa mine to be 2.5 $b for the life of the mine of 15.2 years, certainly a yearly revenue of $50m would give us a trading range of .50 to .75 per share and that is on the conservative side. Let's not forget the paper claims it has in it's arsenal.

Also, the company announced a Business Development Director on April 17th. This is not by chance, but by the timing of the conclusion on the Kipawa project that will shortly become a full operating mine, but will over this summer (2014) build it's infrastructure. It will be at this point that the share price will become known and the price under .10 will be nolonger available as more and more eyes will be upon this issue.

MHREF has been quietly getting it's house in order and if you follow it's timeline, you will see bigger things are about to finally fall in place, as well as increased volume and share price.

I recommend this strong buy.

Have a good day
Varok

My Take again on MHREF

Time has come to make an assessment on where we stand.

I wrote this article back in August of 2014 and feel it still is relevant on how we will move forward for 2016-17 calendar year.

Although the issue didn't come to fruition at that time, but with the meltdown of the overall commodity sector and it's driving force in the oil sector, I believe the bottom is upon us.

With our company involved in the new generation of Rare Earth Elements things are starting to come around,now we have put behind us the R%D and it's costly capital, we can now look towards the final stage of implementing the operational part.

Every now and then comes along a pinksheet or pennystock that has huge potential. Now I come from this mindset after 20 years of playing the penny-arcade and from my professional experience of having my own business as a corporate profiler and Merger and Acquisitions for the last 16 years.

Trading pennystocks is an art and science that requires an absolute discipline in understanding the nature of pennystocks. Trading in this venue is not for most and from history's standpoint most (98%) of all pennystocks, fail or flounder at the bottom to never return.

Now we have in Matamec a truly well run and in my belief a pennystock that has long-term investment potential. I have never considered a pennystock as an investment, but a mechanism to build wealth by trading and not holding to augment your earnings into investment grade securities.

I see huge upside with MHREF as we move closer to the actual operational stage.

The company so far has been extremely discipline in controlling the issue of shares or maintaining a lid on the execution or retailing other wise known as diluting the pool by running the operational stage, Administration and R&D. This is very positive and is what drags down most pennystocks and leaves investors holding worthless stock to never be able to recoup their principle investment. This company, so far is and appears to have shareholders interest in mind and that is the beginning to feel comfortable with your investment.

It doesn't surprise me that we are still lingering down in the subpennies, but eventually this will change as we move forward.

As the world moves into a renewable source for our energy needs the Kipawa project with Toyota as a partner is only going to enhance our investment that will commend credibility and as such, so will the investment for us shareholders.

As the company has noted from their analysis, the Kipawa project is a 2.5$b recoverable mining project over a period of 15 years.

So when we break this down to actual revenue per year, it is 166$m.

Now I'm not going into the operational costs since this part still has to be determined and giving actual numbers may prove to be unproductive at this time, but the company has mentioned in one of their past statements that a 250$m capital outlay needs to be obtained. This original capital expenditure is only the beginning, but still well within making this enterprise a profitable venture for us and the company.

Currently our market cap is under 10$m with 120m O/S and generally is within the scope of pennystock companies that truly have a business model.

As we move forward going into 2015 and closer to operational stage, which I believe to be around 2016 when we will be in full production the share price will start it's climb and I expect this to happen by the end of this year or the spring of 2015.

Currently the company maintains a burn rate of 120$k per month , but we can count on this to drastically to go up once we go into operational stage, but with a potential of 166$m per year of revenue or 13$m per month, one has to agree that we are looking at an eventual considerable multiple increase in the share price.

Of course, much of this rise in the share price will be dependant upon the financial package that the company needs to secure it's capital needs to move into operational stage, but still, we should see a significant increase to at least 10 fold from the current price of .07.

One can reasonably be comfortable to the understanding that a major price hike is in the future and if the timeline on actual operational and the capital financial package is made public, we will see a move by the end of this year going into spring.

I see the first point of resistance on the share price to be around .25 and this will give us a MC of 30$m, still well below the fair value. I am not looking at PE ratio since pennystock companies generally are never tabulated on PE, but straight accounting. I expect this movement to begin near the end of 2014 through the end of spring 2015 since the winter months well probably have very little impact.

With 166$m in potential revenue for the first year of operation expected for 2016, but 2017, should allow for us to have a share price to be well over 1.00$. Again, of course this is dependant upon the financial package and how it is laid out with the equity end of the deal.

But let's assume that our O/S move up from 120m to 250m, even at 250 O/S one can see that under the current share price of .07 is still well under the fair value of MC 25$m. Even at .25 the MC will be 65$m still well under fair value if the figures of retrieval reserves is based on 166$m per year.

If the 166$m achievable resources is met and not mentioning the actual burn at the time during operation we could very well command a share price of .65 giving a MC of 162$m straight up accounting without a PE ratio calculated. So one can see definitely .50 without any problem.

Now you must take into acct the gold aspect of other claims. This needs to be calculated into the overall worth and the other claims yet still to be realized with respect to feasibility and operational costs to profitability assessment.

With the Kipawa project we should bode well on it's own merit and adding the other assets (claims) we can commend a share price of well over a $1.00 in the years to come and I believe this company will eventually move out of the pennyarcade and become a true investment grade company.

I recommend this a buy at the current price of .07 and under .13. Always do your due diligence and never invest more than you can lose.

Have a good day

varok

My take on the future of Matamec

Good Afternoon,

Every now and then comes along a pinksheet or pennystock that has huge potential. Now I come from this mindset after 20 years of playing the penny-arcade and from my professional experience of having my own business as a corporate profiler and Merger and Acquisitions for the last 16 years.

Trading pennystocks is an art and science that requires an absolute discipline in understanding the nature of pennystocks. Trading in this venue is not for most and from history's standpoint most (98%) of all pennystocks, fail or flounder at the bottom to never return.

Now we have in Matamec a truly well run and in my belief a pennystock that has long-term investment potential. I have never considered a pennystock as an investment, but a mechanism to build wealth by trading and not holding to augment your earnings into investment grade securities.

I see huge upside with MHREF as we move closer to the actual operational stage.

The company so far has been extremely discipline in controlling the issue of shares or maintaining a lid on the execution or retailing other wise known as diluting the pool by running the operational stage, Administration and R&D. This is very positive and is what drags down most pennystocks and leaves investors holding worthless stock to never be able to recoup their principle investment. This company, so far is and appears to have shareholders interest in mind and that is the beginning to feel comfortable with your investment.

It doesn't surprise me that we are still lingering down in the subpennies, but eventually this will change as we move forward.

As the world moves into a renewable source for our energy needs the Kipawa project with Toyota as a partner is only going to enhance our investment that will commend credibility and as such, so will the investment for us shareholders.

As the company has noted from their analysis, the Kipawa project is a 2.5$b recoverable mining project over a period of 15 years.

So when we break this down to actual revenue per year, it is 166$m.

Now I'm not going into the operational costs since this part still has to be determined and giving actual numbers may prove to be unproductive at this time, but the company has mentioned in one of their past statements that a 250$m capital outlay needs to be obtained. This original capital expenditure is only the beginning, but still well within making this enterprise a profitable venture for us and the company.

Currently our market cap is under 10$m with 120m O/S and generally is within the scope of pennystock companies that truly have a business model.

As we move forward going into 2015 and closer to operational stage, which I believe to be around 2016 when we will be in full production the share price will start it's climb and I expect this to happen by the end of this year or the spring of 2015.

Currently the company maintains a burn rate of 120$k per month , but we can count on this to drastically to go up once we go into operational stage, but with a potential of 166$m per year of revenue or 13$m per month, one has to agree that we are looking at an eventual considerable multiple increase in the share price.

Of course, much of this rise in the share price will be dependant upon the financial package that the company needs to secure it's capital needs to move into operational stage, but still, we should see a significant increase to at least 10 fold from the current price of .07.

One can reasonably be comfortable to the understanding that a major price hike is in the future and if the timeline on actual operational and the capital financial package is made public, we will see a move by the end of this year going into spring.

I see the first point of resistance on the share price to be around .25 and this will give us a MC of 30$m, still well below the fair value. I am not looking at PE ratio since pennystock companies generally are never tabulated on PE, but straight accounting. I expect this movement to begin near the end of 2014 through the end of spring 2015 since the winter months well probably have very little impact.

With 166$m in potential revenue for the first year of operation expected for 2016, but 2017, should allow for us to have a share price to be well over 1.00$. Again, of course this is dependant upon the financial package and how it is laid out with the equity end of the deal.

But let's assume that our O/S move up from 120m to 250m, even at 250 O/S one can see that under the current share price of .07 is still well under the fair value of MC 25$m. Even at .25 the MC will be 65$m still well under fair value if the figures of retrieval reserves is based on 166$m per year.

If the 166$m achievable resources is met and not mentioning the actual burn at the time during operation we could very well command a share price of .65 giving a MC of 162$m straight up accounting without a PE ratio calculated. So one can see definitely .50 without any problem.

Now you must take into acct the gold aspect of other claims. This needs to be calculated into the overall worth and the other claims yet still to be realized with respect to feasibility and operational costs to profitability assessment.

With the Kipawa project we should bode well on it's own merit and adding the other assets (claims) we can commend a share price of well over a $1.00 in the years to come and I believe this company will eventually move out of the pennyarcade and become a true investment grade company.

I recommend this a buy at the current price of .07 and under .13. Always do your due diligence and never invest more than you can lose.


Have a good day
varok

Excellent presentation and well laid out.

http://www.matamec.com/vns-site/uploads/documents/matamec-_pdac-_28022014-15h00.pdf

This is the presentation that will go to future and potential investors and financiers. We are getting very close folks.

We are in a lull right now and is prevalent for August when vacation is in full swing. This lull happens every year, but I believe and still feel very optimistic that this small company is going to surprise when the eventual hits.

I'm working on a prospective analysis and where I think the price will go and this movement I expect within the next 6 months.

Look for my analysis in the coming days.

I am really excited to be on the ground floor and in my past 40 years of trading and investing, this company is doing all the right moves and is extremely dilligent in moving forward.

Have a good day

varok

US Department of Defense 2013 Report on Strategic and Critical Materials on Stockpile Requirements

http://mineralsmakelife.org/assets/images/content/resources/Strategic_and_Critical_Materials_2013_Report_on_Stockpile_Requirements.pdf

Interesting level II at this precise time.

As with most of us who trade on the floor, we are close watchers of level II and what it tells us.

After months with only 4 Market Makers who provide a market here on the OTCBB exchange in the states are starting to finally beginning of what I have been saying for some time, that the beginning of the share price rise is about to begin.

To go in some detail allow me to explain. The 4 Market Makers are ETRF, CDEL, NITE, ATDF.

ATDF is AUTOMATED TRADING DESK FINANCIAL SERVICES
ETRF is G1 Execution Services, LLC.
CDEL is Citadel Securities LLC
NITE is Knight Capital Americas LLC

First, what I need to see here is that the number of MM starts to increase in numbers. In other words, we need more participation. I'm starting to feel this is about to happen.

Also, here in the states we have no volume on most days, meaning that a 3,000 volume day is considered heavy. This absolutely needs to change for us to starting moving north. As I mentioned before this is about to happen.

On most days. these four MM are playing ping pong on the heels of what is going on within the movement of the Canadian exchange. Yesterday, on the Canadian exchange you had a daily volume of around 279K that allowed our MM to move the ask to .085 from the usual of .079 and lower. Now the bids is .065 and pretty much where it has been for weeks with just fraction movement within the ping ponging that goes on daily.

My point to this is, is that whenever Canadian prices move the OTCBB reacts accordingly. Whenever the Canadian volume exceeds the average like yesterday the interest and the pressure on the share price wants to edge higher. In simple terms, is that Canadian volume needs to reach an average of 250K + to gets us to .10.

The good point to this is that the company isn't obliging the MM by selling shares so the MM need to play what they do best and that is manipulate buyers and sellers in a pretence that things are about to move. In other words there is definitely a squeeze going on and they need shares and with higher volume they (MM( will need to edge up the bid to entice sellers. Currently, and since the pressure hasn't yet reach climatic levels, they continue to ping pong on fractions. Also the shares are tightly held and not too many assess shares and since the company isn't selling into the market bodes well for us and will maintain the pressure once the news is out of the gate.

The MM to watch is NITE and once the pressure is on, he will lead the pack in what MMs do best and that is manipulate the playing field in giving false pretences to get you to sell or give up your shares. On the OTCBB, NITE is considered to be the front runner and leader on how shares get executed once the pressure is on. In other words, NITE is know as the tormentor. NITE doesn’t dilute usually, unless someone is selling through him. See, MM’s know people are intimated by NITE so they use that to their advantage. That’s why NITE is the shaker he scares folks out of their holdings. So don’t get discouraged if you see NITE on ask all the time. he could be leading a dip or something. He is scaring sellers to his participants SCHB and at times others that sit on bids a lot of times.

This morning when I opened up my trading platform I noticed that NITE was on the bottom for a good hour on .165 share price. I have never noticed that NITE moved so quick onto that price when for weeks, the Ask was for the longest time at .075 and just a couple of days ago they moved to .085. What is interesting is that NITE usually is on top with .085 but this morning was on the bottom at .165. Never at this high.

With shares this tightly held and with great news, this issue could spike to highs we have never seen and I mean to .50 or higher until it settles back. But only if the company can keep a lid on their share inventory. The MM will have extreme pressure to extract shares from you and will play accordingly.

Now, what this indicates is that something was in the cooker that moved NITE to such an extreme range and now that the article from and courtesy of Hockeyguru, this morning, http://www.northernminer.com/news/parliamentary-committee-reviews-canadas-ree-strategy/1003130695/ Parliamentary committee reviews Canada's REE potential 2014-06-25 VANCOUVER may have been the catalyst.

So the point of this is that the next coming weeks, this is issue is going to become one exciting issue and I see higher highs and as long as the company keeps the lid on their share inventory, folks we are going higher. Truly one hell'va great investment opportunity is at hand.

Have a good day
varok

Parliamentary committee reviews Canada's REE potential

http://www.northernminer.com/news/parliamentary-committee-reviews-canadas-ree-strategy/1003130695/

Parliamentary committee reviews Canada's REE potential

2014-06-25

VANCOUVER — Seven months ago the House of Commons Standing Committee on Natural Resources began a study on Canada's rare earth elements (REE) potential, which involved consultation with industry participants on the role the federal government has, and will, play in the sector's development. Today the committee released a preliminary report that outlines the state of global markets, and explores certain challenges associated with realizing a "strategic opportunity" inherent in Canada's REE endowment.

According to the report global production of REE currently totals 130,000 tonnes per year, which gives the industry an revenues of only US$4 billion annually. Though REE production is small in comparison to other metals, the committee noted that REEs support a manufacturing sector worth between US$2 trillion and US$4.8 trillion.

Director general of the industry and economic analysis branch of the Department of Natural Resources, Christiane Villemure, commented that: “Over the last 10 to 15 years, the world consumption of REEs has increased at 8% to 12% per annum, a trend that experts agree will continue, and may increase.”

In addition supply challenges are reportedly anticipated due to absence of efficient recycling programs, with industrial demand for certain REEs projected to shoot up by as much as 2,600% by 2025 according to studies from the Massachusetts Institute of Technology.

Five elements are highlighted in the report — neodymium, europium, terbium, dysprosium, and yttrium — due to "scarcity, high demand, and criticality in much high-tech application." The report also notes that the U.S. Department of Energy, Japan, and the European Community have all defined REEs as strategically "critical."

Governments have taken note of the global reliance on China for REE supply. Presently, China is the world’s largest producer of REEs, accounting for 95% of global production.

The committee estimated that total capital expenditures required to develop rare earth mines in Canada range from US$106 million to US$2.5 billion.

The report notes five projects modelled to reach production within the next five years, including: Avalon Rare Metals (TSE: AVL, NYSE-MKT: AVL) Nechalacho project in the Northwest Territories; Quest Rare Minerals (TSX: QRM, NYSE-MKT: QRM) Strange Lake project and Matamec's Zeus-Kipawa joint venture in Quebec; Pele Mountain Resources' (TSXV: GEM, US-OTC: GOLDF) Eco Ridge project in Ontario; and Orbite Aluminae's (TSX: ORT, US-OTC: EORBF) Grande-Vallée property in Quebec.
_______________________________________

The Standing Committee on Natural Resources

The Committee is pleased to make available the following document in printable format: The Rare Earth Elements Industry in Canada – Summary of Evidence

http://www.parl.gc.ca/Content/HOC/Committee/412/RNNR/WebDoc/WD6669744/412_RNNR_reldoc_PDF/RareEarthElements-Summary-e.pdf

Thank you for the kind comment.

Yes I know the link you profided as I am a member of Seeking Alpha.

Why the lack of price movement that appears to have stalled this issue.

One problem we have is that this issue really hasn't been touted all that much or at least here in the states where volume on the OTCBB is non-existent. Now when I notice on the Canadian exchange the volume is very low with average around 100K give or take. That kind of volume just doesn't allow for much price appreciation.

The company has 128m outstanding shares and my guess, most of these shares are tightly held, but the real problem is lack of volume. This lack of volume is the real issue and when here in the states, when a company's majority trading days have no volume, one can't expect a significant appreciation in the share price.

The other problem and probably the main issue on why there is no volume is because this issue is still basically unknown. We need a consistent volume of over 1m traded during a session and until this happens we will flounder on the bottom.

The other problem I see and it really isn't a problem, but rather the course of business based on timetables. The company is still in research and development and until we get closer to actual operational stage, is when we will see the eventual interest and ultimately the price appreciation and the true fair value where we should be traded.

When one studies the timeline of the company you will notice the mosaic and course of their development track. This track is being very much developed methodically and with deliberate and a direct course of action. The latest, being the hire of the Corporate Development Director, Mr. Romary..

See, you don't bring in a Corporate Development Director until you are well into the final last stretch of R&D. From a shareholders position, Mr. Romary is the most important person and the one that is going to put MHREF on the Wallstreet map. It is his job to bring MHREF and the money managers together.

When actual production begins or just about, we will then see the interest that we all have long awaited on. This is about to happen and for now, continue to add to your position because the reward far outweighs the risk. The company is well beyond the stage of R&D and is now in the hands of Mr. Romary to get the interest of Wallstreet.

Have a good day
varok

Who is the heaviest? LREE to HREE Composition Comparison by Company

Varok, thanks for the detailed update on the current status of the "Save Lake Kipawaw" issue and for all your other DD. I'm in complete agreement ... HREE is definately the sector to invest in and as you mentioned, this particular company is very undervalued compared to its peers.

This article is a year old, but it lists many of the companies in the HREE space including Matamec. It also includes an LREE to HREE composition comparison chart by company.

http://seekingalpha.com/article/1283391-rare-earth-shakeout-are-investors-overlooking-quest-rare-minerals

Keep in mind that we have the annual shareholders meeting this Thursday the 19th. Usually these meetings don't give us any new news, but does inform shareholders of a basis what we can expect from previous announcements.

Expect a bounce and slight volume pickup.

I as well expect some new news coming probably after the shareholders meeting.

We will see a new high on the share price by the end of this year. the previous 52 wk high was .243 so we could go to .30 and that will give us a market cap of $36m still well under the fair value of just the Kipawa project, estimated to bring in $2b in rev.

Have a good day
varok