News and Announcements
Matsa Resources Limited (ASX: MAT) verify Lake Carey Gold Project findings
- Published July 20, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Matsa Resources Limited (ASX: MAT) has announced positive results from the completed aircore drilling program at their Lake Carey Gold Project in Western Australia. Matsa previously provided encouraging results of new bedrock gold mineralised at Fortitude North more than 1km long and positive results from the vast space drilling at the BE 4 prospect. Gold assays were verified through new one-meter intervals to allow for a more accurate result and define the upper and lower intercept limits. Follow up of Reverse Circulation (RC) drilling is proposed as soon as permitting has been confirmed.
To read the full ASX announcement, please click here.
About Matsa Resources Limited (ASX: MAT)
Matsa is an ASX listed explorer/developer who has become a gold producer following the acquisition and development of the Fortitude gold mine. Fortitude forms part of the Lake Carey gold project south of Laverton. Matsa has a pipeline of quality projects within Australia and central Thailand. Matsa has recently acquired the Red October Gold mine near Lake Carey which boosts the mining potential within the area.
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