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Matsa Launches 10,000m Drilling at Fortitude North with $17.5M Loan Backing

9:06am on Thursday 12th of February, 2026 AEDT Mining
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Matsa Launches 10,000m Drilling at Fortitude North with $17.5M Loan Backing

9:06am on Thursday 12th of February, 2026 AEDT
Key Points
  • 10,000m initial drilling program at Fortitude North targeting large gold exploration target
  • Exploration target updated to 10-23 million tonnes at 2.0-2.5 g/t gold (643,000 to 1.85 million ounces)
  • Follow-up infill drilling planned later in 2026 to define maiden resource
  • Additional drilling at other Lake Carey sites to target open pit resources
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