Matmown Inc. Announces Joint Venture in Chile
April 16 2014 - 3:53PM
Marketwired
Matmown Inc. Announces Joint Venture in Chile
LAS VEGAS, NV--(Marketwired
- April 16, 2014) - Matmown Inc. ("Matmown") (PINKSHEETS: MTMW) (www.Matmown.com)We are
pleased to announce that additional exploration work is to be
performed on our Peruvian property starting this month. The work is
to quantify an already identified vein structure and the
possibility of it expanding several more kilometers.
Matmown is excited to have entered into a Joint Venture
agreement with the Naomi Callejas family in Chile to participate in
the development of a potentially world class copper deposit having
demonstrated ore grades of nearly 2%. The Callejas family has been
part of the Chilean mining industry for over 100 years and has
extensive experience in the planning and exploitation of copper
deposits, including processing facilities, smelters and the
implementation of new technologies. The patriarch of the
Callejas family was formerly the CEO of Codelco, the national
copper company of Chile. Codelco is the largest copper company in
the world. With associated funding, we believe that the Chile
project should be cash flow positive within a short period of
time. This opportunity should also open more doors to
expanding our presence in Chile and allow us to bring more
opportunities into our Company.
About Matmown
Matmown is a natural resource company focusing on exploration,
production and acquisition of various assets through their wholly
owned subsidiaries. Matmown Inc. currently controls mineral assets
in South America.
For additional news and information on Matmown, contact us at
702.998.9853 or visit
www.matmown.com.
Forward-looking Statements
This press release contains forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. As with any projection or
forecast, these forward-looking statements and forecasts are
inherently susceptible to uncertainty and changes in circumstances,
and Matmown is under no obligation, and expressly disclaims any
obligation, to update or alter its forward-looking statements,
whether as a result of new information, subsequent events or
otherwise. Actual results may differ materially from the
expectations contained herein due to changes in economic, business,
competitive, technological, strategic and/or regulatory factors and
other factors affecting the operation of the businesses of
Matmown.
Contact:Matmown Inc.Ph: 702-998-9853
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