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Matamec Explorations Inc.

12:37 PM EST - Matamec Explorations Inc. : reported improved rare earth leach recoveries from a sample collected at its REE-Y Kipawa deposit. Whole rock material from the Eudialyte zone was processed at SGS Lakefield Research yielding rare earth leach recoveries of 89.2%. The heavy rare earth yield was 85.6%. Matamec Explorations Inc. shares V.MAT are trading up 1 cent at $0.25.