Matador Mining

Matador Mining Ltd (ASX:MZZ) is a gold exploration company with tenure covering 120 kilometres of continuous strike at the highly prospective, yet largely under-explored Cape Ray Project in Newfoundland, Canada.

The company believes Cape Ray has great potential to become a large gold operation and is planning extensive exploration to expand the project’s mine life.

The project hosts a resource of about 840,000 ounces at 2 g/t gold, with 96% of the resource less than 200 metres from the surface and is supported by existing infrastructure including roads, water, availability of skilled workforce and low-cost grid power access.

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