Matheson-Pelangio
The Matheson-Pelangio (“Pelangio”) property is 100% owned by Matamec and is located in close proximity to the operating Hoyle Pond Mine in the world-class Timmins Gold Camp, an area that has produced more than 70 million ounces of gold from large deposits that exceed 1,800m in depth.
Located in Matheson Township, the Pelangio property lies along the stratigraphic rock assemblages which are host to many of the gold deposits in the Timmins mining camp. It contains several targets defined by till drilling campaigns that have not yet been sufficiently drill tested.
Map of the Matheson-Pelangio Property (in yellow)