Matsa Resources Pours, Delivers 23 Gold Doré Bars In Second Ore Processing Campaign, Shares Jump 9%

MT Newswires Live

02/03

Matsa Resources (ASX:MAT) completed the second campaign for processing of gold ore on Jan. 27 from the Devon Pit gold mine, pouring and delivering 23 gold doré bars to the Perth Mint, with an estimated value of AU$25.2 million, according to a Tuesday Australian bourse filing.

A total of 51,562 dry tonnes were processed for the campaign from 54,733 wet tonnes crushed.

The processing for the third campaign is expected to begin on March 18.

Its shares jumped 9% in recent trading on Tuesday.

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