Browsing Tag
Red October
1 post
Matsa Resources (ASX: MAT) reveals 2km Lake Carey gold trend as AngloGold option decision nears
AngloGold Ashanti drilling has identified widespread gold mineralisation across a 2-kilometre trend on Matsa Resources’ Lake Carey tenement. The discovery strengthens the geological case behind a potentially transformative transaction, although resource definition, option exercise and balance-sheet risks remain.