Matamec Explorations Inc. ("Matamec" or the "Company")(TSX
VENTURE:MAT)(OTCQX:MHREF) and Canada Strategic Metals (TSX
VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) are pleased to announce results from
two more drill holes from the recent drilling campaign on the Sakami gold
project. Holes PT-13-66 and PT-13-67 intersected a mineralized zone that
returned 1.18 g/t Au over 15.45 metres from Hole PT-13-66 and 3.78 g/t Au over
27.95 metres, including 4.01 g/t over 22.60 metres and 7.21 g/t Au over 7.00
metres, from Hole PT-13-67. For further information on the drill results, visit
Canada Strategic Metals ("CSM") press release issued today at: www.csmetals.ca.


Regarding the option agreement with Matamec signed August 19, 2013, CSM will
have acquired an interest of 50% in Sakami after issuing a total of 2,000,000
common shares and carrying out exploration in the amount of $2,250,000 before
August 16, 2016. Within 180 days of acquiring its 50% interest in the property,
CSM will have an option to acquire an additional 20% property interest by
issuing 1 million shares to Matamec and completing an independent bankable
feasibility study within five years of the date of the share issuance. During
the period that the additional option is valid, CSM must spend a minimum of
$2,000,000 on exploration by the end of each year until the feasibility study is
completed. 


Aline Leclerc, VP Exploration (Geo.) is Matamec's Qualified Person for this
press release.


About Matamec

Matamec Explorations Inc. is a junior mining exploration company whose main
focus is in developing the Kipawa HREE deposit with TRECan. 


In parallel, the Company is exploring more than 35 km of strike length in the
Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum
mineralization on its Zeus property. Since 2007, Matamec discovered eight (8)
new rare earth showings. Particularly, it drilled the PB-PS Zone in the fall of
2012 and identified Eudialyte-Mosandrite/Yttro-Titanite/Britholite
mineralization similar to those found at the HREE Kipawa Deposit. This type of
mineralization is presently known over a length of 200 metres and is open
laterally and at depth. This mineralized zone is 2.3 km SW of the Kipawa deposit
and a soil anomaly seems to connect the two. The Company plans to drill these
extensions later this year. 


The Company is also exploring for gold, base metals and platinum group metals.
Its gold portfolio includes the Matheson JV property located along strike and in
close proximity to the Hoyle Pond Mine in the prolific gold mining camp of
Timmins, Ontario. In Quebec, the Company is exploring for lithium and tantalum
on its Tansim property and for precious and base metals on its Valmont and
Vulcain properties. Matamec signed in August 2013 an option agreement where
Canada Strategic Metals can acquire an interest of up to 50% in the Sakami gold
project, located in the James Bay region of northern Quebec by committing $2.25
million in exploration work including $500,000 in the first year of drilling -
part of the results from the campaign finished in January 2014 have already been
announced, with the rest upcoming soon.


Cautionary Statement Concerning Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of
Canadian Securities legislation. Generally, forward-looking statements can be
identified by the use of forward-looking terminology such as "scheduled",
"anticipates", "expects" or "does not expect", "is expected", "scheduled",
"targeted", or "believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might" or "will be
taken", "occur" or "be achieved". Forward-looking statements are based on
assumptions management believes to be reasonable at the time such statements are
made. There can be no assurance that such statements will prove to be accurate,
as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements. Although Matamec has attempted to
identify important factors that could cause actual results to differ materially
from those contained in forward-looking statements, there may be other factors
that cause results not to be as anticipated, estimated or intended. Factors that
may cause actual results to differ materially from expected results described in
forward-looking statements include, but are not limited to those risk factors
set out in the Company's year-end Management Discussion and Analysis dated
December 31, 2012 and other disclosure documents available under the Company's
profile at www.sedar.com. Forward-looking statements contained herein are made
as of the date of this news release and Matamec disclaims any obligation to
update any forward-looking statements, whether as a result of new information,
future events or results or otherwise, except as required by applicable
securities laws. 


"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release."


FOR FURTHER INFORMATION PLEASE CONTACT: 
Andre Gauthier
President
(514) 844-5252
514-844-0550 (FAX)
info@matamec.com


Edward Miller
Director IR
(514) 844-5252 ext. 205
514-844-0550 (FAX)
edward.miller@matamec.com
http://www.matamec.com

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