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Matsa Resources Launches Devon Pit Mining, Secures $5.7M from AngloGold
7:19pm on Thursday 31st of July, 2025 AEST
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Mining
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Matsa Resources Launches Devon Pit Mining, Secures $5.7M from AngloGold
7:19pm on Thursday 31st of July, 2025 AEST
Key Points
Mining started at Devon Pit Gold Mine with 46,000 ounces targeted over 18 months
First ore batch to be processed at FMR Greenfield plant in September 2025
AngloGold Ashanti’s $101M tenement option agreement now unconditional
Strong exploration results at Fortitude North with high-grade gold intercepts
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