Matador Mining


Primary ticker: ASX:MZZ, OTCQX:MZZMF, FSE:MA3
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Cape Ray Gold Project
Project location: Canada

Matador Mining is an exploration company focused on making gold discoveries in Newfoundland, Canada. The Company is one of only four gold companies with a defined gold Mineral Resource, currently 837,000 ounces grading 2 grams per tonne. Matador is well positioned with an extensive land package comprising 120-kilometres of continuous strike along the under-explored, multi-million-ounce Cape Ray Shear, a prolific gold structure in Newfoundland that currently hosts several major mineral deposits. Additionally, the Company holds 27-kilometres of continuous strike at the Hermitage prospect which is located on the highly prospective Hermitage Flexure.

Cash: AUD$10.5 M
Debt: NIL

Major shareholders:
Franklin Resources – >5%
Acorn Capital – <5%
Extract Capital – 3.5%
Sprott AM – 3%
CI Financial – 3%
Management Ownership – 3%

Management Profile

Sam Pazuki – Managing Director & CEO
Sam Pazuki commenced his tenure as Managing Director and CEO on 1 May 2022. Sam is a member of the Professional Engineers of Ontario and has a bachelor’s degree in Engineering and a Master of Finance. He has a proven track record and experience in strategy, mergers & acquisitions, capital markets and investor relations. He joined the Company after nearly ten years with dual-listed OceanaGold Corporation (ASX: OGC and TSX: OGC) where he led the Investor Relations and Corporate Development functions most recently as Senior Vice President, Corporate Development. Sam helped establish OceanaGold as a global mid-tier gold producer and was instrumental in OceanaGold’s expansion into North America. He helped build a global shareholder register and was OceanaGold’s primary interface with the capital markets.

What is your rationale for taking part in 121 Mining Investment?

The Matador Mining story is one that was previously not well told or understood. With one of the largest land packages in Newfoundland, an emerging top-tier jurisdiction, an existing gold resource and globally supported by significant shareholders, we are well placed to make significant discoveries. London has always been a great place for gold investors and we are looking to tell our story to these investors.

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

5 Oct 2022 Commencement of Drilling at Malachite in Newfoundland
11 Sep 2022 Matador Mining Defines Diamond Drill Targets at Malachite
28 Aug 2022 Kerry Sparkes Joins Matador Mining Board of Directors

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

3 Months:
Initial drill results from inaugural drilling at new, major zone called Malachite
Additional results from other extensive gold tenements in Newfoundland

6 Months: 
TSX listing
2023 Exploration program

12 Months:
Further results from drilling across tenements

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


What do you think makes your company such a compelling investment?

One of only four companies with a gold resource in Newfoundland, a top-tier jurisidiction that has had limited exploration and investment. We are well placed with 120-kms of continuous strike on the same multi-million-ounce structure that hosts Marathon Gold, the most advanced gold project on the island

What are the top 3 key investor takeaways?

Strategically placed in final top-tier jurisdiction
Well funded to explore and test the 120-kms of contiuous strike with much of these areas underexplored
Well placed given current economic conditions to consolidate the island