Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

May 22, 2015 10:20 PM ET

Metals and Mining

Company Overview of Matamec Explorations, Inc.

Company Overview

Matamec Explorations Inc., a junior mining exploration company, primarily focuses on developing the Kipawa heavy rare earths deposit in Canada. It also explores for gold, base metals, platinum group metals, lithium and tantalum, and precious metals. The company holds a 100% interest in the Sakami, Zeus, Tansim, Valmont, and Vulcain properties in Quebec, as well as in the Matheson properties located in the East Timmins area, Ontario. It also holds a 51% interest in the Kipawa property and a 50% interest in the Wachigabau property in Quebec. Matamec Explorations Inc. was incorporated in 1997 and is headquartered in Montreal, Canada.

1010 Sherbrooke Street West

Suite 700

Montreal, QC H3A 2R7


Founded in 1997





Key Executives for Matamec Explorations, Inc.

Chief Executive Officer, President and Director
Total Annual Compensation: $242.4K
Chief Financial Officer, Treasurer, Secretary, Independent Director and Member of Governance Committee
Age: 58
Total Annual Compensation: $105.0K
Compensation as of Fiscal Year 2013.

Matamec Explorations, Inc. Key Developments

Canada Strategic Metals Inc. and Matamec Explorations Inc. Reports the First Results from the Recent Drilling Program on the Sakami Gold Project

Canada Strategic Metals Inc. and Matamec Explorations Inc. reported the first results from the recent drilling program on the Sakami gold project. These new results confirm the extension to the Northwest of the Zone 25 envelope of gold mineralization. The program consisted of seven holes for a total of 2,025 metres of drilling. The program is aimed at increasing the size of the main gold zone (Zone 25) to the west-northwest, as well as its extension at depth. Zone 25 is in the La Pointe sector of the Sakami property. Once this program is complete, Zone 25 will have been tested over a strike length of more than 250 metres and to a depth of over 500 metres along its plunge. To date, the company has received the assay results for the two first holes, PT-15-84 and PT-15-85, drilled during the March 2015 program. These holes were planned to test the extension of the mineralized zone to the west and northwest, as well as down dip. Both holes returned wide gold-bearing intersections, including 1.29 g/t Au over 54.50 metres, including 3.03 g/t over 6.50 metres and 2.50 g/t Au over 7.50 metres from Hole PT-15-84, and 1.47 g/t over 45.50 metres, including 3.84 g/t Au over 7.50 metres and 1.74 g/t Au over 11.00 metres from Hole PT-15-85.

Matamec Explorations, Inc. Appoints Pierre Leblanc as an Independent Director

Matamec Explorations, Inc. announced that Pierre Leblanc has joined its Board of Directors as an independent director. Mr. Leblanc is the representative designated by Ressources Quebec inc. ("RQ") under the right of nomination it is granted by the Corporation in the context of RQ's total contribution to Matamec of $4 million, as announced on September 19, 2014, October 3, 2014 and January 26, 2015. Mr. Leblanc has 37 years' experience at KPMG, including 29 as an audit partner. He thus acquired an impressive track record as an auditor of Canadian and American public companies and was a securities audit partner in Canada. Mr. Leblanc directed the audit group for clients operating in the natural resources (forestry and mining) sector. He was also the leader of KPMG initiatives related to Quebec's Plan Nord. Pierre retired from KPMG on October 1, 2013.

Matamec Explorations, Inc. Announces the Creation of Joint Venture with Ressources Québec inc. for the Kipawa Deposit

Matamec Explorations Inc. announced the creation of a joint venture with Ressources Quebec inc. pursuant to a joint venture agreement entered into between the Corporation and RQ. The Joint Venture has been created in order to pursue the development of the Deposit. Through this transaction, the Corporation and RQ intend to achieve the following objectives: optimisation of metallurgical processes (including individual separation of rare earths) and building of a second pilot plant; updating of the Regulation 43-101 compliant feasibility study published in October 2013; continuation of environmental studies; continuation of the social acceptability process with aboriginal peoples; continuation of discussions with strategic industrial and financial partners.

Similar Private Companies By Industry

Company Name Region
Windarra Minerals Ltd. Americas
Gold Run Inc. Americas
Exploration Bull's Eye Americas
Agau Resources Inc. Americas
Global Royalty Corp. Americas

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Matamec Explorations, Inc., please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at