Matsa Resources Limited Kicks Off 2nd Gold Ore Processing Campaign at Devon Gold Mine
Matsa Resources Limited (ASX: MAT) announced the successful start of its second gold ore processing campaign at the Devon Pit Gold Mine. Over the past 12 weeks, the company has been stockpiling gold ore at FMR’s Greenfield processing plant and plans to process 50,000 tonnes of ore during this campaign.
Looking ahead, the third processing campaign is slated to begin in April 2026. This ongoing initiative is part of Matsa’s strategy to further develop its Lake Carey Gold Project and boost its production capacity. The company’s forward-thinking approach to increasing ore processing at the Devon Pit positions Matsa for continued operational success in the evolving gold market. As of January 8, 2026, Matsa has 945.27 million shares outstanding, with a market capitalization of AU$122.88 million. The top 20 shareholders control 69.48% of the company’s shares.
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Matsa Resources Limited Kicks Off 2nd Gold Ore Processing Campaign at Devon Gold Mine
Matsa Resources Limited (ASX: MAT) announced the successful start of its second gold ore processing campaign at the Devon Pit Gold Mine. Over the past 12 weeks, the company has been stockpiling gold ore at FMR’s Greenfield processing plant and plans to process 50,000 tonnes of ore during this campaign.
Looking ahead, the third processing campaign is slated to begin in April 2026. This ongoing initiative is part of Matsa’s strategy to further develop its Lake Carey Gold Project and boost its production capacity. The company’s forward-thinking approach to increasing ore processing at the Devon Pit positions Matsa for continued operational success in the evolving gold market. As of January 8, 2026, Matsa has 945.27 million shares outstanding, with a market capitalization of AU$122.88 million. The top 20 shareholders control 69.48% of the company’s shares.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au