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Matador Mining Ltd s new data doubles gold target at Window Glass Hill Granite to six kilometres of strike
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Matador Mining Ltd s new data doubles gold target at Window Glass Hill Granite to six kilometres of strike
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Matador Mining Ltd maintains Speculative Buy rating from Canaccord Genuity as Cape Ray Gold Project drilling delivers
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Matador Mining Ltd (ASX:MZZ) (OTCMKTS:MZZMF) (FRA:MA3) has its sights set on accelerating exploration and pre-development activities at the Cape Ray Gold Project in Newfoundland, Canada, with a range of key environmental studies nearing completion.
These baseline studies will form the groundwork of an Environmental Impact Statement (EIS), anticipated for completion and submission to Federal and Provincial governments in 2022.
Meanwhile, Matador has also engaged with First Nations groups in the area and advanced discussions with other key stakeholders as the development of an environmental, social, and governance framework continues.
Well-funded to pursue strategy
The West Perth-based gold explorer is in a solid financial position following having raised A$16 million at the end of June at a 28% premium.