Matsa Resources

Published : August 08th, 2016

RC Drilling Commenced Mt Weld Gold Project

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Keywords :   Gold | Gold Mine | Target |

 

 

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cid:image004.png@01D093B4.9B2BA6F0

 

RC Drilling Commenced Mt Weld Gold Project

HIGHLIGHTS

?         An RC drilling programme comprising 5 drillholes for ~1,000m has commenced to test a steeply dipping zone of gold mineralisation identified by previous drilling at the Wilga South Prospect

?         The target is 12km SE of AngloGold Ashanti?s Sunrise Dam gold mine, 11km NE of Saracen Minerals? Red October gold mine and immediately north of Matsa?s recently acquired Lake Carey gold project

?         Drill holes are planned along 4 sections approximately 100m apart where previous aircore and RC drilling has achieved a number of significant gold intersections e.g. 15m @ 1.06g/t Au and 1m @ 7.2 g/t Au

?         This programme has commenced ahead of the previously announced Mt Day drilling programme because of widespread heavy rains at Mt Day which have delayed drill access

 

 

To read this announcement please click here

                                                                                  

 

 

  For further information contact:

Paul Poli, Executive Chairman

+61 8 9230 3555

www.matsa.com.au

 

 

 

If you do not wish to receive further emails from Matsa please reply to this email with ?Opt Out?

 

 

 

Matsa Resources

EXPLORATION STAGE
CODE : MAT.AX
ISIN : AU000000KAL9
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Matsa is a gold exploration company based in Australia.

Matsa holds various exploration projects in Australia.

Its main exploration properties are BROAD ARROW, MOUNT VETTERS, CLINKER HILL, DUNNSVILLE, NORSEMAN, SIBERIA and GASCOYNE in Australia.

Matsa is listed in Australia. Its market capitalisation is AU$ 7.2 millions as of today (US$ 4.7 millions, € 4.4 millions).

Its stock quote reached its highest recent level on March 15, 2013 at AU$ 0.55, and its lowest recent point on November 26, 2023 at AU$ 0.02.

Matsa has 144 710 000 shares outstanding.

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Financials of Matsa Resources
11/3/2016Quarterly Report 30 September 2016
7/29/2016Quarterly Report 30 June 2016
4/29/2016Matsa Resources Quarterly Report March 2016
Project news of Matsa Resources
4/12/2017DMP Approves Matsa Resources’ Fortitude Gold Project
8/8/2016RC Drilling Commenced Mt Weld Gold Project
4/19/2016(Dunnsville)Drilling Commences at Dunnsville Gold Project
9/6/2013Announcement: Patersons Securites Research Note on Matsa Res...
6/11/2013Resource Stocks Magazine June/July 2013: Fraser Range Focus ...
9/10/2012State One Stockbroking Report for Matsa Resources Ltd
9/4/2012Exploration Activities Update 4 September 2012
8/31/2012Patersons Research Report for Matsa Resources Ltd
5/7/2012Breakaway Research Report for Matsa Resources Ltd
Corporate news of Matsa Resources
6/22/201621 June 2016 IP Survey Has Commenced at Killaloe
4/26/2016Gold Potential Highlighted at Killaloe
1/29/2016Siam Copper Project Thailand Exploration Update
12/21/2015Diamond Drilling Programmes Update
12/11/2015Diamond Drilling Commenced Siam Copper Project Thailand
12/10/2015Exploration Update at Symons Hill December 2015
10/28/2015Quarterly Report September 2015
10/1/2015Matsa Resources Limited Annual Report 2015
9/23/2015Significant New Conductor at Symons Hill, Fraser Range
9/2/2015Siam Copper Project Thailand Second Assay Confirms Very High...
8/26/2015Siam Copper Project Thailand Outstanding High Grade Copper A...
7/31/2015Metals X to Acquire the Mt Henry Gold Project
7/31/2015Sale of Mt Henry Gold Project
7/30/2015Quarterly Report June 2015
7/27/2015Siam Copper Project Thailand Update
4/23/2015Significant Geological Features Support EM Conductors Symons...
4/14/2015Significant New Conductor at Symons Hill, Fraser Range
4/8/2015Siam Copper Project (Thailand) Exploration Tenements Granted
3/16/2015Half Yearly Report December 2014
3/13/2015New High Priority EM Conductors discovered at Symons Hill
12/23/2014First High Power EM Results Symons Hill Fraser Range
11/26/2014AGM Results of Meeting
6/26/2012Joint Venture on Mt Henry Gold Project Matsa Resources Ltd
9/15/2011Recall: MATSA Release on 15th Sep 2011
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