Matador Mining Ord Shs MZZMF

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Matador Intersects High Grade Gold Mineralisation at Central Zone, Cape Ray Gold Project Matador Mining Limited (ASX: MZZ; OTCQX: MZZMF; FSE: MA3) (“Matador” or the “Company”) is pleased to announce the first assay results from the winter 2022 diamond drilling program at the Central Zone in the Cape Ray Gold Project (the “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 program1 and 96 gold grain samples from the Malachite greenfield reconnaissance program2 . Matador’s Chief Geologist Warren Potma commented: “We are very pleased with the initial