Latest Matsa Resources News

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Matsa Resources has reported a strong finish to Campaign 2 at its Devon Pit Gold Mine, doubling gold production and generating nearly $29 million in sales. Campaign 3 mining is now underway, signalling continued momentum.
Maxwell Dee
Maxwell Dee
10 Mar 2026
Matsa Resources launches a major drilling campaign at Fortitude North targeting up to 1.85 million ounces of gold, supported by a $17.5 million loan facility from major shareholder Deutsche Balaton.
Maxwell Dee
Maxwell Dee
12 Feb 2026
AngloGold Ashanti has begun exploration drilling on Matsa Resources’ Lake Carey tenement, signalling strong interest in the region and setting the stage for 2026 exploration activities.
Maxwell Dee
Maxwell Dee
4 Feb 2026
Matsa Resources has completed processing its second campaign of gold ore from the Devon Pit, producing 23 gold doré bars valued at approximately $25.2 million, with mining for Campaign 3 already underway.
Maxwell Dee
Maxwell Dee
3 Feb 2026
Matsa Resources reported solid progress at its Lake Carey Gold Project, delivering $11.73 million in gold sales and initiating new exploration drilling to boost its resource base.
Maxwell Dee
Maxwell Dee
30 Jan 2026
Matsa Resources has received an early A$1.5 million option fee payment from AngloGold Ashanti, reinforcing the latter’s commitment to the Lake Carey Gold Project and bringing total payments to A$7.2 million to date.
Maxwell Dee
Maxwell Dee
9 Dec 2025
Matsa Resources has officially commenced gold production at its Devon Pit Gold Mine, marking a significant step forward in its Lake Carey Gold Project. With maiden reserves confirmed and a robust option agreement in place with AngloGold Ashanti, the company is poised for growth amid ongoing exploration success.
Maxwell Dee
Maxwell Dee
13 Nov 2025
Bulletin Resources has significantly expanded its Lake Rebecca Gold Project, nearly doubling its size through strategic acquisitions, while facing regulatory challenges at its Ravensthorpe Lithium Project. The company maintains a robust financial position as it plans targeted drilling and reviews next steps.
Maxwell Dee
Maxwell Dee
30 Oct 2025
Matsa Resources has commenced mining at its Devon Pit Gold Mine, producing over 2,600 ounces of gold, while securing a $15 million funding package to accelerate development of its Lake Carey Gold Project.
Maxwell Dee
Maxwell Dee
27 Oct 2025
Matsa Resources has officially commenced gold production at its Devon Pit Gold Mine, marking a pivotal step in its Lake Carey Gold Project. The company also advances its AngloGold Option Agreement and outlines ambitious exploration and development plans.
Maxwell Dee
Maxwell Dee
15 Oct 2025
Matsa Resources has successfully completed its initial processing campaign at the Devon Pit Gold Mine, aligning with budget and schedule, and is now gearing up for its second phase of mining and processing.
Maxwell Dee
Maxwell Dee
13 Oct 2025
Matsa Resources has locked in a $15 million funding package to fast-track development and exploration at its Lake Carey Gold Project, including advancing the Devon Pit and Fortitude Gold Mines. This capital injection aims to unlock latent value and support feasibility studies and drilling programs.
Maxwell Dee
Maxwell Dee
1 Oct 2025