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Matsa Resources Ltd.
Summary
| Project: | Lake Carey | |
|---|---|---|
| Deposit: | Olympic | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/28/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-1-2020: Matsa Resources Ltd. announces an Exploration/Drilling Update report for its Olympic deposit at the Lake Carey project. Drilling results incl. 8m @ 6.94g/t Au from 80m. Matsa Resources Limited (“Matsa” or “the Company” ASX: MAT) is pleased to a | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mark Csar (Internal) | |
| ABSTRACT: | Matsa Resources Limited (“Matsa” or “the Company” ASX: MAT) is pleased to announce additional results from its December 2019 RC drilling programme which was designed to test a number of exploration targets close to the Company’s Red October gold mine. The programme included 8 RC drill holes at the newly acquired Olympic target. This new target is located 800m west of the Devon project where strong results were recently announced (MAT Announcement to ASX 22/01/2020). The Olympic target has not been previously explored by Matsa. These results reaffirm Matsa’s view of the high prospectivity and potential of its Lake Carey gold project in the Eastern Goldfields of Western Australia. Results from Olympic RC Drilling Drilling was carried out at the Olympic target during December 2019. Drill holes completed were designed to test gold mineralisation below and along strike of historic drilling and underground workings. | |
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