|By Marketwired .||
|April 16, 2014 04:53 PM EDT||
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.
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
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.
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