New Joint Venture Strategically Expands Lake Carey Gold Project

New Joint Venture Strategically Expands

Lake Carey Gold Project

HIGHLIGHTS

?         Matsa has entered into a farm-in and joint venture agreement over the Sunrise Dam South project

?         The Sunrise Dam South project is located next door to AngloGold Ashanti?s Sunrise Dam gold project and abuts Matsa?s Lake Carey gold project

?         The JV includes a number of untested gold targets

?         The JV significantly increases the Company?s exploration footprint in the highly prospective Laverton tectonic zone

?         The Sunrise Dam South project area is part of the 8km Bindah Extended target where Matsa is currently completing a 15,000m aircore drilling program

?         The current aircore drilling program on the Bindah Extended target will be extended to incorporate the newly acquired Sunrise Dam South JV

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?