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Matsa Resources Ltd.
Summary
| Project: | Lake Carey | |
|---|---|---|
| Deposit: | Fortitude North | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/7/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-5-2019: Matsa Resources Ltd. announces an Exploration/Drilling Update report for its Fortitude North deposit at the Lake Carey project. Drilling results incl. 8m @ 2.94g/t Au from 106.25m. Matsa Resources Limited (“Matsa” or “the Company” ASX: MAT) is p | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: David Fielding (Internal) | |
| ABSTRACT: | Matsa Resources Limited (“Matsa” or “the Company” ASX: MAT) is pleased to announce that results have been received from diamond and RC drilling at Fortitude North within the Company’s Lake Carey gold project in the Eastern Goldfields of Western Australia. The programme comprised of 1 stratigraphic/structural diamond drill hole (19FNDD01) and 5 RC drill holes (19FNRC01-19FNRC05) as recently announced (MAT announcement to ASX 18/4/2019). Primary Gold Mineralisation Confirmed Drilling was designed to test the northern end of a 1.8km basement gold anomaly accessible by truck mounted drilling equipment. Drilling was planned on 3 sections with Section 3 or the southernmost section including previous significant intercepts 8m @ 5.14 t/t Au in aircore drill hole 18FNAC036 and 5m @ 5.46 g/t Au within a broader intercept of 50m @1.10 g/t Au in RC drill hole 18FNRC03 (Figure 1). | |
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