MONTREAL, QUEBEC -- (Marketwire) -- 01/30/12 -- Matamec Explorations Inc. (TSX VENTURE: MAT)(OTCQX: MHREF)
Kipawa PEA Highlights
Very strong project economics:
-- $606 million before-tax value (NPV8%);
-- 36.9% before-tax Internal Rate of Return (IRR);
-- $2.8 Billion revenue;
-- $1.67 Billion Earnings Before Interest, Tax, Depreciation and
Amortization ('EBITDA');
-- A before-tax payback period in 2.4
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