Matador Mining Limited

Matador Mining Limited

MZZMF
Matador Mining LimitedUS flagOther OTC
0.06
USD
+0.01
- -
28.90MMarket Cap
Matador Mining Limited
MZZMF
(Other OTC)

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Capital Structure

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Business
AuMEGA Metals Ltd, formerly Matador Mining Limited, is a junior mineral exploration company that engages in gold exploration activities in Newfoundland, Canada; its principal assets include the Cape Ray Gold Project, spanning 120 kilometers of strike along the Cape Ray Shear Zone with a mineral resource of 610,000 ounces grading 1.96 grams per tonne across four deposits including Central Zone, Window Glass Hill, Isle Aux Morts, and Big Pond, and the Hermitage Project covering 27 kilometers of continuous strike; the company also holds interests in a copper-gold project optioned recently as part of its portfolio of 10 projects. Incorporated in 2016 and headquartered in Osborne Park, Australia, AuMEGA Metals operates primarily in the basic materials sector targeting gold and associated deposits in a top-tier mining jurisdiction ranked fourth for attractiveness by the Fraser Institute, with strategic backing from B2Gold as an investor and broad institutional shareholders. In June 2024, the company changed its name from Matador Mining Limited to AuMEGA Metals Ltd to reflect its focus on gold exploration growth; it maintains a fully funded status for 2024 programs including diamond drilling, RC drilling, geophysics, and geochemistry across its projects to build a pipeline of opportunities.

Company News

APIChatGPT
  • Matador Mining kicks off inaugural winter drilling campaign at Cape Ray Gold Project

  • Matador Mining grabs the bull by the horns in eventful December quarter

  • Matador Mining appoints Canada-based Sam Pazuki as new CEO to steer company into next growth phase

  • Matador Mining fields positive results from greenfield target drill testing, increasing prospectivity at Cape Ray Gold Project

  • Matador Mining intercepts up to 32 metres at 2.6 g/t gold at Window Glass Hill Granite Margin Target in Canada

  • Matador Mining maintains gold exploration momentum with inaugural Cape Ray winter drill program planned

  • Matador Mining well-funded as gold exploration accelerates at Cape Ray Project in Canada

  • Matador Mining confirms multiple stacked gold lodes near surface at Cape Ray's Window Glass Hill

  • Matador Mining maintains Speculative Buy rating from Canaccord Genuity as Cape Ray Gold Project drilling delivers

  • Matador Mining hits 19 metres at 4.2 g/t gold, best result at Cape Ray's Window Glass Hill Granite region

  • Matador Mining samples 55.4 g/t gold in Big Pond power auger drilling as diamond drilling starts

  • Matador Mining substantial holder CI Investments increases stake to 7.76%

  • Matador Mining produces further strong evidence of Cape Ray's golden bounty

  • Matador Mining continues accelerating exploration at Cape Ray Gold Project in Newfoundland

  • Matador Mining pinpoints multiple new structures as drilling ramps up at Cape Ray Gold Project

  • Matador Mining accelerating exploration at Cape Ray Gold Project in Newfoundland

  • Matador Mining is the only way to play the Newfoundland gold rush on the ASX: Canaccord Genuity

  • Matador Mining advances environmental assessment, permitting and stakeholder engagement for Cape Ray Gold Project

  • US$12 Million Placement at 28% Premium Expands Cape Ray Gold Project Drill Program to 45,000 Metres

  • Matador Mining raises A$16 million at a premium to expand Cape Ray Gold Project drill program