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.

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