News: MZZ Matador Mining Says Increased Position By 50% Of Continuous Strike Along Cape Ray Shear, page-2

This has the hallmarks of a company looking to a major discovery 'increasing its position by 50% to over 120km of continuous strike along the Cape Ray Shear in Newfoundland'. I am very excited for this drill season. Company bringing in, Ian, someone with similar experience at GOR, drilling out a large belt and making a discovery then taking it to production, looks set for Matador.

Loved the ambition and goal by the new chair, no frills talk. Drilling plan out soon and we start end of June start of July.

'Whilst the 2020season will see drilling continue at our brownfield targets, we also plan to significantly increase our greenfield exploration program with the aim of building a consistent, strong pipeline of drill-ready greenfield targets for the future. “The goal is to identify new large gold deposits within our tenements. With Marathon Gold’s 4Moz Valentine Lake project 50km to the north,First Mining’s 1.7Moz1Hope Brook project 60km to the south-11987-1997 production of ~0.7Moz Au + remnant U/G resource of ~1.0Moz Au2east and St Barbara’s 2Moz Atlantic Gold Projecton Nova Scotia to our south,we are certainly in a highly prospective region.'





Historical rockchip sampling comprises of418 samples across the licence area, with the best results showing 17.1g/t Au, 58.7g/t Ag, 57%Cu, 9.4%Pb and 11.8%Zn(Image3), further demonstrating that 3the Cape Ray Shear is mineralised along its entirety. The poly-metallic mineral assemblage is the same as that found at Central Zone.




Chart wise, churn out everyone we excellent volumes since the run from 10c to 28c... Good volumes and healthy price action, and we get set for a new leg higher.

Chart in a bull flag ?