Confidentiality agreement with an important nickel producer
Matamec Explorations Inc. («Matamec») is very pleased to announce that the Australian nickel producer WMC Resources Ltd, by means of its Canadian subsidiary WMC Resources Marketing Ltd, has signed a confidentiality agreement regarding privileged geological information of the Vulcain property. Situated 165 km southwest of Val d’Or, the Vulcain property contains several ultramafic rock intrusions that have seen little to no exploration, as well as the past-producing Renzy Lake nickel deposit. In total, 19 new targets have been identified on the property of approximately 90 km2 by means of an AeroTEM type helicopter-borne geophysical survey. Wholly owned by drugs online without prescription Matamec, the Vulcain property was the subject of a drilling campaign over the past few weeks for which several significant nickel results were announced on March 15th, March 29th and April 13th 2005. By this confidentiality agreement, WMC has 60 days to evaluate the geological potential of the Vulcain property and inform Matamec of its intention to open negotiations.