| Risk and valuation analysis of the MONTCLERG PROPERTY Project |
| Status Risk : Brown exploration |
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| Title(s) of the MONTCLERG PROPERTY Project |
 | Matamec Explorations Inc.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| According to an option/joint venture agreement with Explorers Alliance Corp., Matamec can earn a 51% interest in the Montclerg Property by making cash payments totalling $275,000, by issuing 2,500,000 common shares and 2,500,000 warrants exercisable more... |
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| Location of the MONTCLERG PROPERTY Project |
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The Montclerg Project is located in the southeastern part of Clergue Township, adjoining parts of Stock and Walker townships, approximately 48 km northeast of the town of Timmins, Ontario. The property consists of 25 contiguous claim units covering approximately 402 hectares.
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| History of the MONTCLERG PROPERTY Project |
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The Property contains two gold-bearing zones, the first one being the historic Monclercg deposit, discovered in 1938 and sporadically explored since that date. It is the most significant gold mineralization discovered to date and is hosted within deformed and hydrothermally altered mafic volcanic rocks north of the Pipestone Fault.
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