Matamec Explrtn Inc (MHREF)

[investor15]

Matamec Exploration Inc.

The AuReport

Expert Comments:

Luisa Moreno, Euro Pacific Capital (9/5/13) "Matamec Explorations Inc. has potentially the first heavy rare earth (HREE) mine in Canada; the company announced the results of its feasibility study for the Kipawa, a joint-venture project with Toyota Tusho Corp. . .despite the lower net present value and internal rate of return in the feasibility study compared to the preliminary economic assessment, we are comfortable raising our target, as we believe the economic study is now more accurate and the project has been further derisked. We believe that Matamec's Kipawa project is the most advanced HREE project outside of China."

The Metals Report Interview with Anthony Mariano and Tony Mariano Jr. (8/27/13) Anthony Mariano: HREEs and yittrium can be obtained from other REE deposits in North America, such as Kipawa, Quebec. . . Matamec Explorations Inc. has conducted a considerable amount of exploration work at Kipawa. . .the best source for a sustained quantity of HREEs is Matamec Exploration Inc.'s HREE mineral-bearing deposit in Kipawa, Quebec. I can speak for the REE industry when I say that we are anxiously awaiting the results of the Kipawa feasibility study in September.

Tony Mariano Jr.: Geologically, the Kipawa deposit is very impressive. The textural properties of the Kipawa rocks and the abundance of several HREE minerals make Kipawa uniquely attractive. More >

The Metals Report Interview with Patrick Wong (8/13/13) "On the HREE side, Matamec Explorations Inc. [has low capex]. . .it's one of the more advanced projects. We're looking forward to reading the feasibility study." More >

The Metals Report Interview with Byron King (12/18/12) "Matamec Explorations Inc. is working with the Japanese and has support from Toyota. Overall, the demand is out there from the electronics, automobile and heavy industrial-type sectors. With the HREE players, there's much less risk of the kind of price crash issues we fear with the light rare earths lanthanum and cerium. . .the idea that a big company like Toyota is interested in Matamec is a selling point." More >

http://www.theaureport.com/pub/co/1431