Matsa Resources LtdASX: MAT

31 December 2021 Quarterly Report

· Issued by Matsa Resources Ltd

Filed with ASX · · 30 pages · English

• Matsa entered into a binding agreement to sell the Red October and Devon gold projects to Linden Gold Pty Ltd (LGL) for consideration of $20M. Post the transaction, Matsa to retain the majority of Lake Carey which will host a 553Koz gold resource across 385km2. • Continued exploration at Fortitude North ahead of a maiden mineral resource. This includes interpretation of new ground magnetic surve

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