MZZ
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Company News
Matador Mining appoints Newfoundland expert Kerry Sparkes to drive more discoveries at Cape Ray
Newfoundland mineral expert Kerry Sparkes has joined Matador Mining’s (ASX: MZZ) board as a non-executive director to help drive further discoveries across its Cape Ray gold project. Matador’s flagship Cape Ray project is located on the underexplored Cape Ray shear in Canada’s Newfoundland. The project currently has 837,000 ounces of gold in resources grading 2 […]
Matador Mining starts new quarter with cash for Malachite exploration
Gold explorer Matador Mining (ASX: MZZ) has kicked off the new quarter with $5 million in gross proceeds from a capital raising intended to advance its exploration program in Newfoundland, Canada. The company today released its June quarterly report, highlighting the 17 high-tenor gold grain anomalies it identified from till sampling at the Malachite target […]
Matador Mining raises $4.5m to accelerate more gold discoveries at Cape Ray
Matador Mining (ASX: MZZ) has successfully raised $4.5 million to advance greenfield targets and the Malachite prospect, within its 840,000-ounce Cape Ray gold project in Canada’s Newfoundland. The company has pegged up 120km of continuous gold strike on the region’s underexplored Cape Ray Shear. Under the two-tranche placement, 36.7 million shares were issued at an […]
Matador Mining identifies high-grade anomalies from till sampling at Cape Ray gold project
Matador Mining (ASX: MZZ) has identified eight new high-tenor gold grain anomalies in the western side of the Malachite structural target area within its Cape Ray gold project in Canada. Results from an extensive till sampling program completed late last year recovered 336 gold grains south of the Cape Ray Shear Zone (CRSZ). One sample […]
Matador Mining’s winter drilling hits shallow gold zones
Newfoundland focused gold explorer Matador Mining (ASX: MZZ) has released further assay results from winter drilling at its Cape Ray project in the Canadian province. Several shallow gold intercepts at a new brownfields target, PW-East, resulted in assays of 11m at 2.9 grams per tonne gold from 44m and 3m at 10.7g/t from 26m. Both […]
Matador Mining hits high-grade gold at Central Zone target within Cape Ray project
Matador Mining (ASX: MZZ) has hit high-grade gold mineralisation at the Central Zone of its Cape Ray project in Canada. The results were among the first assays from the company’s inaugural winter drilling program, conducted between February and April. Best intercepts were 6 metres at 13.3 grams per tonne gold from 214m, including 1m at […]
Matador Mining increases acreage at Cape Ray gold project
Junior explorer Matador Mining (ASX: MZZ) has increased the size of its Cape Ray gold project in Newfoundland by 62 square kilometres (or 6%) to boost its total landholding in the area to 1,033sq km. The company has staked a series of new claims immediately adjacent to its existing tenements and located north of the […]
Matador Mining reveals gold targets at Malachite
Following a till sampling program, Matador Mining (ASX: MZZ) has announced nine new high-tenor gold anomalies within the Malachite target area near its Cape Ray gold project in Newfoundland, Canada. The explorer carried out an extensive sampling program across the 15km by 4km area late last year, targeting a highly prospective fault complex splaying off […]
Matador Mining reports ‘outstanding’ gold intersections at Window Glass Hill
Newfoundland focused gold explorer Matador Mining (ASX: MZZ) has released results of the last two awaited assays — and proclaimed them as outstanding and exceeding expectations. The holes are the final ones to be reported from the company’s late 2021 campaign of infill diamond drilling at the Window Glass Hill deposit within the Cape Ray […]
Matador Mining confirms resource growth opportunities at Window Glass Hill gold target
Junior explorer Matador Mining (ASX: MZZ) has confirmed grade continuity and opportunities for resource growth following a campaign of infill drilling at the Window Glass Hill (WGH) deposit within the Cape Ray gold project in Canada. Assays for 10 of the 12 remaining holes from the program conducted last year have continued to demonstrate strong […]
