Matsa Resources Limited (MAT:ASX)
Matsa Resources Limited is a mining and gold exploration company. The Company operates in south of Laverton in the north eastern goldfields of Western Australia. The Company’s project includes Lake Carey Gold Project, Red October Gold Mine, Devon, Symons Hill Fraser Range, Fortitude North and Fortitude Stage 2 Gold Mine. Its Lake Carey Gold Project holds a ground position of approximately 503 square kilometer (km2) at Lake Carey within the Laverton tectonic zone, which surrounds several gold mines. Its Red October Gold Mine deposit is located in the Laverton Greenstone Belt, which covers approximately 44 (km2) and consists of approximately six granted Mining Leases (ML’s) and underground mine. Its Devon project includes the Devon mine and a significant number of historic gold workings in the northern part of the Linden goldfield. The Devon area is located immediately south of Red October and is contiguous with Matsa’s Red October tenements.