Matador Mining Limited (ASX:MZZ)

Company Overview

Matador Mining Limited is an Australia-based exploration company. The Company is engaged in mineral exploration and resource development wholly within Canada. The Company's projects include Cape Ray Gold Project and Hermitage Project. The Cape Ray Gold Project is located approximately 20 kilometers northeast of Port aux Basques. Its activity includes approximately 45,000 meters of diamond drilling; five power auger rigs to drill over 100,000 meters for bedrock geochemical and lithological sampling; and detailed Heli-mag survey covering approximately 80 kilometers of strike. The Hermitage Project is located approximately 50 kilometers North of Grey River, Newfoundland, Canada. The Company identified a number of geological ingredients in this region as being prospective for gold exploration following a review of targets in Newfoundland that have exploration potential.