Matsa Resources Ramps Up for Gold Mining
Company Announcements

Matsa Resources Ramps Up for Gold Mining

Matsa Resources Limited (AU:MAT) has released an update.

Matsa Resources Limited is gearing up to commence mining at the Devon Pit Gold Mine in Q4 2024, following the receipt of a License to Take Water and significant high-grade gold assays. The Company remains focused on its Lake Carey Gold Project and lithium ventures in Thailand, with expectations of the Chok Dee EPLA being granted next quarter. Matsa closed the quarter with $1.44M in cash and receivables, poised for a year of strategic developments.

For further insights into AU:MAT stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskMatsa Resources Issues New Unquoted Options
TipRanks Australian Auto-Generated NewsdeskMatsa Resources Issues 15M Unlisted Options
TipRanks Australian Auto-Generated NewsdeskMatsa Resources Expands Market Presence
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App