News and Announcements
Matsa (ASX: MAT) announces commencement of mining at Red Dog Gold Mine
- Published September 10, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
- Matsa Resources Limited (ASX: MAT) has announced that mining has commenced at the Red Dog Gold Mine.
- The first blast hole drilling is currently underway.
- All gold ore will be treated at AGAA’s Sunrise Dam Gold Mine (SDGM) treatment facilities as per the current agreement.
Matsa Resources Limited (ASX: MAT) has announced that mining has commenced at the Red Dog Gold Mine. The mine lies approximately 25km west of Matsa’s Fortitude Gold Mine, 16km south-west of the Red October Gold Mine and 7km west of Second Fortune Gold Mine.
All gold ore will be treated at AGAA’s Sunrise Dam Gold Mine (SDGM) treatment facilities as per the agreement with AngloGold Ashanti Australia Limited (AGAA).
All equipment and offices have been set up on site with the first blast hole drilling currently underway.
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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