Matador Mining

Primary ticker: ASX:MZZ
Stage of development: Exploration, Development
Primary minerals: Gold
Project to promote: Cape Ray Gold Project

Live financials

Matador Mining is an ASX listed development company, focused on the expansion and development of our Cape Ray Gold Project in Newfoundland, Canada. The company has collated an exciting land package, focused on 65km of strike on the productive Cape Ray Shear. Matador intends to expand the existing resource inventories whilst also assessing the significant regional exploration potential of the company’s 65km of strike along the shear package.

Management Profile

Paul Criddle, Managing Director

Paul is a metallurgist, with many years of operating and project development experience in Australia, Canada, Asia and West Africa. Most recently he was the COO of Roxgold Inc, where he was responsible for the development of the Yaramoko Gold Project in Burkina Faso, one of the worlds highest grade gold projects. Prior to this Mr Criddle was the COO at Azimuth Resources Ltd where he was responsible for resource growth and development studies. Prior to this he was heavily involved in the development Edikan Gold Mine in Ghana and the Tengrela Gold Project in Cote D’Ivoire, with Perseus Mining. Mr Criddle also managed the construction, commissioning and operation of the Sabodala Gold Project for Mineral Deposits Ltd.

What is your rationale for attending 121 Mining Investment?

To gain and renew exposure to other mining investment opportunities.

To promote and introduce Matador Mining to institutional funds, corporates and high net worths that will and play an active part in the trading of it.

What recent news would you like to highlight to investors attending?

aMatador Commences Maiden Drilling Program – 14th August 2018
Matador Delineates Maiden JORC resource of 750,000 oz Au – 7th August 2018

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Continue to execute maiden drilling program (8000m)

Continue current phase of soil geochem sampling program

Continue lithology mapping on regional package

Raise awareness of company and project

6 Months:

Delineate regional drill targets along the Cape Ray Shear outside of current resource envelope

Update and expand Resource at Cape Ray Gold Project.

Commence preliminary development assessment studies

12 Months:

Commence drilling of regional targets

Further expansion of current resource base deposits – towards multi million ounce position

Commence drill out to increase M&I base in known resources into reserves

Advance development studies

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Gold price weakness

Our project operates in an historically overlooked jurisdiction. Our challenge is to educate and highlight the value and infrastructure inherent in the region, not always understood by the investment community

In a sentence, what do you think makes your company such a compelling investment?

Matador provides the investor access to an undervalued (compared to peers) a dual path to value accretion; 1) an advancing development story, based around an expanding resource base in a first world jurisdiction and; 2) exposure to a significant greenfields exploration package that has exposure to a productive regional controlling structure, with proven capacity to host camp scale gold deposits, within a world class mining jurisdiction