Matamec Explorations Inc. ("Matamec" or the "Company") ( TSX
VENTURE:MAT)(OTCQX:MHREF) announces the completion of the Feasibility Study work
on the Kipawa heavy rare earth project at Temiscaming, Quebec. The goal of the
Kipawa mine project is to supply Toyota with heavy rare earths ("HREE") for the
production and marketing of hybrid and electric vehicles.


The Feasibility Study has managed to stay on budget and schedule. The study is
now in the last phase of being written with the results to be published by the
end of July. The Company will issue a press release closer to the date
confirming the details of the announcement and conference call time. 


About Matamec

Matamec Explorations Inc. is a junior mining exploration company whose main
focus is in developing the Kipawa HREE deposit with TRECan. Following the
positive conclusion of the PEA study filed on SEDAR in March 2012 (resources
that are not mineral reserves do not have demonstrated economic viability) and
the hiring of a VP Project Development and Construction, Matamec and TRECan
decided to move directly to the feasibility study.


In parallel, the Company is exploring more than 35km of strike length in the
Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum
mineralization on its Zeus property. 


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 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 Sakami, Valmont and Vulcain
properties. As well, it is exploring for gold together with Northern Superior
Resources Inc. on the Wachigabau property.


"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
www.matamec.com
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