Matador Mining Limited announced the first assay results from the winter 2022 diamond drilling program at the Central Zone in the Cape Ray Gold Project (project) Newfoundland, Canada. Highlights: Matador has received the first assays from the inaugural winter drill program, conducted between February 2022 and April 2022. CRD352: 6 metres at 13.3 g/t Au from 214m (incl.

1 metre at 45.8 g/t Au from 217 metres and 1 metre at 11.7 g/t Au from 219 metres); and 6 metres at 7.1 g/t Au from 228m (incl. 1 metre at 22.4 g/t Au from 229 metres) CRD351: 5 metres at 5.4 g/t Au from 53 metres (incl. 2.9 metres at 8.9 g/t Au from 53 metres); and 2 metres at 11.1 g/t Au from 64m (incl.

1 metre at 13.6 g/t Au from 64 metres). Results are still pending for 29 exploration diamond holes at the Window Glass Hill Granite, PW East and Stag Hill targets; four Central Zone geotechnical drill holes; remainder of the Stag Hill Power Auger sampling program and 96 gold grain samples from the Malachite greenfield reconnaissance program.