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

MT Newswires Live
Feb 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10