Matador Mining (ASX:MZZ) has started its 2023 diamond drilling program in Newfoundland, Canada, focusing on the Cape Ray Shear Zone.

The company said the program will be conducted in two phases, with the first phase focusing on drilling at Malachite, Long Range and Grandy's target areas.

It also said each drill hole is expected to be between 100 and 200 metres deep.

A second phase of drilling is planned for the Canadian summer of 2023, which will be guided by the results of phase one.