Matamec Explorations Inc. (TSX VENTURE:MAT) reported that diamond drilling has started on the Matheson property where Matamec, as the operator, is in partnership with Goldcorp Canada Inc./Goldcorp Inc.

The press release is quoted as saying:

For the Kipawa REE deposit located on the Zeus property, the results of the drilling campaign that ended in mid-December 2009 will be released shortly and a new resource calculation is currently being prepared. Also, several explored areas of the Zeus Property have returned favourable results in REEs.
Along with the above mentioned exploration programs, Matamec's Quebec Tansim Property is also being explored for rare metals such as tantalum and lithium.

Click here to access the entire press release ^[1]

Click here to access Matamec Explorations Corporate Site ^[2]