Eighteen targets identified on Vulcain

Matamec Explorations Inc. («Matamec») announces the most recent results of a geological and geophysical compilation completed by Cygnus Consulting on the Vulcain property, 100% wholly owned and located 165 kilometres southeast of Val d’Or. This property includes the past-producing nickel-copper mine of Renzy Lake. In total, besides the past-producing Renzy mine site, 18 targets were clearly identified. These targets include one or several EM anomalies that merit investigation by prospecting and by drilling. The geological and geophysical compilation clearly demonstrates that the property includes several bands of mafic/ultramafic rocks of equal or greater size than the bands that host the deposit of the past-producing Renzy mine. Notably, the Flora Lake igneous complex, located east of the Renzy complex, represents the largest mafic and/or ultramafic intrusive mass on the Vulcain property. This intrusive mass forms a NE-SW trending lens greater than 3 kilometres long by approximately 700 metres wide. As well, the dominant element of the helicopter-borne geophysical survey consists of an anomaly 700 metres long by 100 metres wide in the sector of the past-producing Renzy mine, trending NE-SW. This anomaly cannot solely be explained by the mineralization buy medicine online outlined by the past-producer. It extends equally beyond to the north and south of the mineralized zones, partially mined from 1969 to 1972. Furthermore, isolated anomalies located 270 metres northward and 420 metres southward of the 700-metre long NE-SW trending anomaly increases the discovery potential for nickel-copper along these peridotite masses. There could be over a distance of approximately 1.4 kilometres, more or less continuous nickel-copper mineralization along with the mineralized bands of Renzy Lake. Following the preliminary results announced as early as November 8th, 50 new claims were staked and 79 cells were designated to cover all of the identified anomalies by Cygnus.