Coffee with Samso - Episode 035 - High Grade Gold in Newfoundland, Canada

Coffee with Samso - Episode 035 - High Grade Gold in Newfoundland, Canada

Matador Mining Limited (ASX: MZZ) has the Cape Ray gold project in Newfoundland, a large island east of the Canadian mainland. Located in the south of Newfoundland, the Cape Ray gold project is about 25 kilometres northeast of the coastal town of Port aux Basques.

 

The Cape Ray sheer is a geological structure that extends around 400 kilometres through Newfoundland and regarded as one of the most prospective yet under-explored regions in North America. In 2018, Matador Mining consolidated the southern portion of this geological structure with its tenure extends across approximately 65 kilometres of a potential strike. Following a review of historical drilling as well as the completion of the company inaugural drill program during late 2018, a JORC resource of 1.02Moz Au at an average grade of 2.2g/t has been defined at the project.

This resource is contained within 4 areas which covers a strike of around 14km. The majority of the resource is at the Central Zone, which hosts more than 800,000oz of gold at a grade of 2.6g/t Au. Central zone shows excellent potential for future open pit operations as well as significant underground potential. All deposits across the Cape Ray project are open and show excellent potential for further expansion in the future.

 

 

 

 

PODCAST

 

 

 

 

 

www.samso.com.au

If you find this article informative and useful, please help me share the information.  I try and write about topics that are interesting and have the potential to be of investment value.  It is not easy to find stories that fit those parameters.

If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au.

 


Samso is primarily a consulting company that delivers digital information to the market in terms of creating organic content.

Samso simplifies your story to customers or investors. Samso creates organic content for you to engage your audience and BRAND yourself to them.

Samso provides bespoke research and presentation for clients to engage their customers or investors.

Organic content allows audiences to feel a real sense of sincerity when you share your business strategy, allowing your business to stand out among the sea of social media traffic.

Working with Proactive Investors Group allows exposing our Insights to over 1.2M monthly unique views internationally.

Samso has nearly 30 years of experience in developing business ideas and concepts in the Australasian region.

Samso has worked primarily in the mineral resources industry, capital markets and corporate finance. Noel Ong is the founder of SAMSO.

www.samso.com.au

 

 

 

Web Hosting

 

 

Disclaimer:

The information contained herein is the writer’s personal opinion and is provided to you for information only and is not intended to or nor will it create/induce the creation of any binding legal relations. The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints.

Accordingly, no warranty whatsoever is given, and no liability whatsoever is accepted for any loss arising, whether directly or indirectly as a result of this information. Investments are subject to investment risks, including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise. You may wish to seek advice from an independent financial adviser before committing to purchase or invest in the investment product(s) mentioned herein.

If you choose not to do so, you should consider whether the investment product(s) mentioned herein are suitable for you. The writer will not, in any event, be liable to you for any direct/indirect or any other damages of any kind arising from or in connection with your reliance on any information in and/or materials appended herein. The information and/or materials are provided “as is” without warranty of any kind, either express or implied. In particular, no warranty regarding accuracy or fitness for a purpose is given in connection with such information and materials.

All intellectual property in relation to content on this Site belongs to Samso or its licensors, advertisers or affiliates. You obtain no interest in that intellectual property. All content on this Site is protected by Australian and international copyright and other intellectual property laws. You may not do anything which interferes with or breaches those laws or the intellectual property rights in the content.

You may download and view content or print a copy of the material on this Site for personal, non-commercial use provided you do not modify the content in any way (including any copyright notice). All rights not expressly granted under these terms of use are reserved by Samso. Unless expressly stated otherwise, you are not permitted to copy or republish anything you find on the Site without the copyright or trademark owners’ permission.

 

 

Leave a reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.