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Matsa Resources Limited ( (AU:MAT) ) has issued an update.
Matsa Resources Limited announced an amendment to their Fortitude North drilling announcement, incorporating additional data from their 2020 R&D seismic surveys. The company completed a 767-meter deep diamond drill hole to test seismic responses at the Lake Carey Gold Project, indicating potential gold-bearing mineralization. Further drilling is planned, dependent on the review of the seismic model and assay results.
More about Matsa Resources Limited
Matsa Resources Limited is a company operating in the mining industry, focusing primarily on gold exploration and production. The company is involved in projects such as the Lake Carey Gold Project, utilizing advanced seismic survey methodologies to identify potential gold-bearing mineralization.
YTD Price Performance: 5.00%
Average Trading Volume: 23,495
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €16.04M
For a thorough assessment of MAT stock, go to TipRanks’ Stock Analysis page.
