Gold Properties
The Matamec Gold division comprises 8 properties, with another 2 in the process of acquisition. The company focuses on acquiring high-potential properties in Québec and Ontario that share geological settings with gold mines in production. These include:
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In the geological setting that hosts the Éléonore mine near James Bay in Québec:
- The Sakami property, 50% owned by Matamec, covers the Opinaca-La Grande geological contact. Results from its Summer 2016 drilling campaign in the La Pointe Zone included 4.94 g/t Au over 21.05m
- The Opinaca Gold West property, 100% owned by Matamec, is situated along the same geological formation as Goldcorp’s Éléonore gold mine where new gold potential along this trend has been identified. The claims block covers a series of geochemical gold-arsenic anomalies and geological elements that suggests the presence of a gold bearing system along approximately 40 km
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Near the Casa Berardi mine north of Lasarre, QC, in the James Bay region:
- The Casa Détour property, 100% owned by Matamec, a possible extension of the Burntbush-Detour Gold property just across the Ontario-Québec border
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Along the stratigraphic rock formations east of the Hoyle Pond Mine in the world-class Timmins Gold Camp, an area that has produced more than 70 million ounces from large deposits that exceed 1,800m in depth:
- Matamec owns a 50% interest in the Matheson JV property, which is contiguous to the operating Hoyle Pond Mine in Timmins, Ontario
- The Matheson-Pelangio property, 100% owned by Matamec, also in the vicinity of the Hoyle Pond Mine north of the Destor-Porcupine Fault
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In the promising setting of the historic Candego mine, in the Gaspé region:
- The Valmont property hosts Pb-Zn-Ag-Au mineralization from the historic Candego mine and several gold-bearing vein systems, and is being explored for a Cu-Au porphyry system
