Matamec Participates in an Asian Mining Company Mission
MONTREAL, QUEBEC -- (Marketwire) -- 08/04/10 -- Matamec Explorations Inc. ('Matamec' or the 'Company') (TSX VENTURE: MAT) is pleased to announce that it has completed in mid-July a trip to Asia as part of a mission organized by Investissement Quebec and the Ministere des Ressources Naturelles et de la Faune (MRNF). The goal of the mission was to establish contact with mining and end-user companies from China, Japan and South Korea. Meetings with the Canadian embassies in each country were also part of the mission in order to familiarize the federal trade commissioners of each country with Matamec's activities. Also, Matamec met with the General Delegations of Quebec in Tokyo, and the Quebec Offices in Beijing and Seoul.
Matamec met with representatives from companies and organizations from the surrounding areas of Chengdu and Beijing in China, Tokyo in Japan and Seoul in South Korea. It is general knowledge that manufacturers that use rare earths-yttrium and zirconium are predominantly located in Asia; consequently Matamec especially benefitted from being introduced to these end-user companies.
Andre Gauthier, president of Matamec explains that 'it is very important for Matamec, whose goal it is to exploit a rare earths-yttrium and zirconium deposit, to build relationships with end-user companies. Our trip to Asia was successful in achieving this, and so as a result we are increasingly confident about the Kipawa deposit.'
About Matamec
Matamec explores for significant gold deposits in the Timmins mining camp in Ontario of which the Matheson JV property with Goldcorp Canada Ltd. and Goldcorp Inc. is the main target. In Quebec, the Company explores for precious and base metals on its Sakami, Valmont and Vulcain properties. As well, Matamec is exploring for gold together with Northern Superior Resources Inc. on its Lesperance/Wachigabau property.
Also, in Temiscamingue (Quebec) the Zeus property is explored for heavy rare earths, yttrium and zirconium, particularly on the Kipawa deposit. The Tansim property is explored for rare metals such as lithium, tantalum and niobium.
'Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.'
Contacts:
Matamec Explorations inc.
Andre Gauthier
President
514-844-5252
info@matamec.com
www.matamec.com