Matador Mining Ltd (AU:MZZ) has released an update.
Matador Mining Ltd has announced promising assay results, uncovering new diamond drill targets in the Central Zone’s footwall at the Cape Ray Project in Newfoundland and Labrador, which already hosts significant gold resources. The company is gearing up for phase one diamond drilling to further explore these targets, with the potential to discover large gold deposits adjacent to existing resources. This move follows a comprehensive analysis of historical data and the development of innovative geological models.
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