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Matsa Resources Launches Gold Production at Devon Pit, Eyes Growth with AngloGold Deal
3:31pm on Wednesday 23rd of July, 2025 AEST
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Mining
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Matsa Resources Launches Gold Production at Devon Pit, Eyes Growth with AngloGold Deal
3:31pm on Wednesday 23rd of July, 2025 AEST
Key Points
Gold production started at Devon Pit Gold Mine in June 2025
Maiden gold reserve of 104,000 ounces at Devon within a 949,000-ounce Lake Carey resource
Feasibility study projects A$95.5 million free cash flow at A$5,000/oz gold price
Key haulage and processing agreements executed to support operations
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