Matsa Resources Limited (ASX:MAT) has recommenced drilling at the Fortitude North prospect at Lake Carey in Western Australia.
This focused RC drilling of an initial 3,310m programne will target shallow, high-grade gold mineralization identified and modelled through recent drilling and is aimed at providing sufficient drilling to establish a maiden resource for the northern portion of the prospect.
Highlights
• Priority drilling has commenced at Fortitude North prospect at the company’s flagship Lake Carey Gold Project
• Drilling will focus on the northern strike extent of the prospect to establish a maiden resource over that part of the mineralized zone
• Highlights of previous RC and diamond drilling results for the northern strike extent include:
• 9.4m @3.27g/t Au from 120.8m (22FNDD009)
• 8.0m @2.94g/t Au from 106.3m (19FNDD001)
• 26m @1.95g/t Au from 58m (18FNAC36)
• 5.0m @5.46g/t Au from 79m (18FNRC03)
• 4.0m @13.63g/t Au from 79m (20FNDD002)
• 4.6m @5.15g/t Au from 183.4m (20FNDD005)
• All drilling is planned using reverse circulation drilling from land and results will determine future lake based drilling requirements
• An initial 3,310m is planned for Fortitude North this first quarter
• The drilling is expected to be completed by mid-February with the
first assay results anticipated late during the first quarter of 2023
First assay results from this drilling are expected late in the March 2023 quarter and will be released on an ongoing basis.
For further information please visit: https://www.matsa.com.au/
