Matsa Resources

Published : June 16th, 2015

Exploration Update at Symons Hill

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Exploration Update at Symons Hill

Matsa Resources Limited

LIMITED

ABN 48 106 732 487

ASX Announcement 16th June 2015

Exploration Update at Symons Hill

Highlights

Downhole EM (DHEM) survey has been completed in Diamond drillholes

15SHDD07 (conductor C56) and 15SHDD08 (conductor C42).

At 15SHDD07 DHEM detected a moderate strength in-hole conductor corresponding to 0.55m of semi-massive sulphides (mostly pyrrhotite) from 199.65m downhole. Modeling confirms a moderately dipping tabular zone extending at least 100m off-hole which could be of interest for potential Ni-Cu sulphides.

Assays of the semi-massive sulphide zone in drillhole 15SHDD07 returned anomalous Ni and Cu values of 0.55m @ 0.05% Ni and 0.07% Cu from

199.65m.

At 15SHDD08 DHEM did not detect any significant conductors. No anomalies were encountered that explain Conductor C42. A second DHEM survey is in progress using a different loop orientation to potentially explain the source of the original conductive response.

Downhole surveys are to commence on Diamond drillhole 14SHDD06 where an intercept of 3.20m @ 0.4% Cu from 455-458.2m downhole was previously intercepted and interpreted to be the source of conductor VA11.

The high power ground EM survey which identified conductors C42 and C56 is approximately 64% complete. Matsa is confident that more high priority conductors will be identified by this programme.

CORPORATE SUMMARY

Executive Chairman

Paul Poli Director Frank Sibbel

Director & Company Secretary


Andrew Chapman

Shares on Issue

144.15 million

Unlisted Options

15.47 million @ $0.25 - $0.43

Top 20 shareholders

Hold 50.36%

Share Price on 16th June 2015

20 cents

Market Capitalisation

$28.83 million

Head Office:

Suite 11, 139 Newcastle Street, Perth Western Australia 6000

Tel: +61 8 9230 3555 Fax: +61 8 9227 0370

Bangkok Office:

Unit 1808, Pacific Place 2, 142 Sukhumvit Road, Klongtoey, Bangkok 10110

Tel: +66 0 2653 0258 Fax: +66 0 2653 0258

[email protected]www.matsa.com.au

Matsa Resources Limited


This release contains new results relating to recently reported preliminary information from Diamond drillholes
15DDSH07 and 15DDHS08 testing HPFLTEM conductors C56 and C42 respectively (MAT reports to ASX 20th May 2015 and 5th June 2015).

DHEM Surveys

Downhole surveys were completed on Diamond drillholes 15SHDD07 and 15SHDD08 which were drilled to test conductors C56 and C42 respectively. A description of survey parameters and procedures is included in Appendix 1.

15SHDD07


Downhole surveys were carried out to the final depth of the drillhole (308.5m) which was drilled to test Conductor C56. Results have clearly confirmed and defined the moderate conductive source intersected at ~200m which corresponds closely with the 0.55m downhole intersection of semi massive pyrrhotite from 199.65m. A preliminary model defining the local conductive cell as outlined by the DHTEM is shown in Figure 1.

Figure 1: Conductor C56 (15SHDD07) summarising HPFLTEM at Surface, DHEM profiles and second recommended drillhole.

The DHEM results correlate well with HPFLEM regarding interpreted source dimensions and orientation. Interpreted conductance levels are somewhat higher on the DHTEM at ~2000S.
A second drillhole located ~100m to the SW along strike/plunge extent is being considered as a second test of this conductor to test for associated Ni-Cu sulphides.

15SHDD08

Downhole surveys were carried out to the final depth of the drillhole at 450m. A summary image attached is for the initial/main loop for 15SHDD08 DHTEM surveying. Surprisingly no significant conductor has been confirmed although minor anomalism is apparent at ~330-340m and ~430-450m downhole. Neither of these are believed to be the source/cause of the originally targeted HP FLTEM (conductor 42) anomalism.

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Matsa Resources Limited


Matsa cannot yet explain how the HPFLTEM results at conductor C42 produced a robust bedrock conductor model, yet Diamond drilling and subsequent downhole EM failed to indicate any significant conductors, either in-hole or off-hole. Accordingly an alternate loop survey is currently being completed which may clarify the source of the original HPFLTEM conductor.
Comments from Matsa's geophysical consultant were as follows: "it is very likely that the source of the anomalism is related to current channelling phenomena combined with IP/polarisation (over partial anomaly extents) in the near surface. This was unexpected given that the HPFLTEM data could be separately modelled based on received data from two loops (SHP1_42 and SHP1_47) to produce coherent, conductive sources with closely comparable location, size and orientation".

Figure 2: Conductor C42: DHEM Survey Data in Diamond drillhole 15SHDD08.

14SHDD06


DHEM surveys are now underway on Diamond drillhole 14SHDD06 which was completed during 2014 to test VTEM conductor VA11. As previously announced (MAT report to ASX 7th October 2014) sulphide mineralisation in the form of disseminated chalcopyrite and pyrite in veined and fractured felsic granulites was the likely source of the VA11 conductor. The modelled position of the VA11 conductor occurs at a vertical depth of ~400m which corresponds with an intercept of 3.20m @ 0.4% Cu from 455-458.2m downhole.

Assay Results Diamond Drillhole 15SHDD07

A total of 67 samples were submitted for assay. A summary of sampling and assay procedures is given in Appendix 1 and summary results are included in Appendix 2. While no significantly mineralised intersections were highlighted by these assays, anomalous values of 0.05% Ni and 0.07% Cu were returned from the 0.55m semi-massive pyrrhotite interval between 199.65m and 200.2m downhole (Table 1).

Hole_ID

Sample_I

mFrom

mTo

Ag_ppm

Co_ppm

Cr_ppm

Cu_ppm

Fe_pct

Mg_pct

Mn_ppm

Ni_ppm

S_pct

Zn_ppm

Lithology

15SHDD07

81841

199.65

200.2

1.1

180

68

667

35.86

1.16

570

491

20.7

55

Semi massive pyrrhotite trace chalcopyrite)

Table 1: Diamond drillhole 15SHDD07, summary assays for semi massive sulphide intercept

Executive Chairman, Mr Paul Poli stated, "The DHEM results for 15SHDD08 are completely unexpected, our geophysicist is also at a loss to explain what has happened to conductor C42. At this stage it appears that conductor C42 is not real,

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Matsa Resources Limited


and the drilling provided the correct answer. Interestingly, conductor C56 is showing some life so Diamond drilling of the extensions of that conductor is being contemplated in light of the anomalous nickel and copper values noted in the hole".
Mr Poli added, "Matsa remains committed to the continuing EM survey and remains confident of further excitement at Symons Hill. The Fraser Range remains an exploration hotspot, although it does cause anxiety for some. All in all we have a great company with strong assets. Determination and guts will pay off".

High Power Fixed Loop EM (HPFLEM) Surveys

Surveys have continued with a total of 63 loops now completed for a total of 64% of the entire planned survey.

Symons Hill Project Background

The Symons Hill Project is located within Matsa's 100% owned E69/3070 with an area of 96km2. The project is located within the Fraser Range Tectonic zone, 6kms SSW of Sirius Resources Ltd's (ASX: SIR) Nova nickel mine. Matsa has been actively exploring the project since 2012 with aircore, RC and Diamond drilling confirming the presence of nickel anomalous (0.2 - 0.3% Ni) olivine bearing gabbro at targets SHG02, SHG03 and SHG11, which exhibit near surface enrichment in the weathered profile of up to 1.3% Ni.
Matsa commenced a regional, high powered (150-200A) EM survey in December 2014 which has been designed to cover the majority of the Symons Hill Project area. The survey is being carried out as part of a research and development project which is designed to develop and improve state of the art EM equipment to explore for massive sulphide deposits of Nova-Bollinger type, to a depth of >700m below surface.

For further Information please contact: Paul Poli

Executive Chairman

Phone +61 8 9230 3555

Fax +61 8 9227 0370

Email [email protected]

Web www.matsa.com.au

Exploration results

The information in this report that relates to Exploration results, is based on information compiled by David Fielding, who is a Fellow of the Australasian Institute of Mining and Metallurgy. David Fielding is a full time employee of Matsa Resources Limited. David Fielding has sufficient experience which is relevant to the style of mineralisation and the type of ore depo sit under consideration and the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Cod e for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. David Fielding consents to the inclusion in the report of the

matters based on his information in the form and context in which it appears.

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Matsa Resources Limited

Appendix 1: Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria

JORC Code explanation

Commentary

Sampling

techniques

Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools

appropriate to the minerals under investigation, such as down

hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.

Include reference to measures taken to ensure sample representivity and the appropriate calibration of any

measurement tools or systems used.

Aspects of the determination of mineralisation that are Material to the Public Report.

In cases where 'industry standard' work has been done this

would be relatively simple (eg 'reverse circulation drilling was

used to obtain 1 m samples from which 3 kg was pulverised to

produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.

XRF Analysis on HQ core using a handheld Olympus Innovx

Delta Premium (DP4000C model) XRF analyser. Measurements were taken on surface of the core and depth

intervals recorded.

15SHDD07 - cutting and continuous sampling of core was carried out between 196-200.7m. For the rest of the hole

selection of sampling intervals used is the top 20cm whole core samples at every 4m interval, starting from 56m until end of

hole.

15SHDD08 - due to the uniform nature of the geology in this hole, selection of sampling intervals used is the top 20cm

whole core samples at every 4m intervals, starting from 44m

until end of hole.

Drilling

techniques

Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core

diameter, triple or standard tube, depth of Diamond tails, face-

sampling bit or other type, whether core is oriented and if so, by what method, etc).

Core drilling carried out by Frontline drilling using a track- mounted Desco 7000 Diamond drill rig. Mud rotary bit used

from surface down to the weathered zone and changed to triple

tube HQ from fresh rock to end of hole. Core is oriented using

Reflex ACT II RD digital core orientation tool.

Drill sample

recovery

Method of recording and assessing core and chip sample recoveries and results assessed.

Measures taken to maximise sample recovery and ensure representative nature of the samples.

Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to

preferential loss/gain of fine/coarse material.

Core is currently logged and recovery measured.

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Matsa Resources Limited

Logging

Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate

Mineral Resource estimation, mining studies and metallurgical

studies.

Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.

The total length and percentage of the relevant intersections logged.

Geologic and geotechnical logging carried out on the core.

Logging recorded as qualitative description of colour, lithological type, grain size, structures, minerals and alteration.

All cores are photographed using a digital camera.

Sub-

sampling techniques and sample preparation

If core, whether cut or sawn and whether quarter, half or all core taken.

If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.

For all sample types, the nature, quality and appropriateness of the sample preparation technique.

Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.

Measures taken to ensure that the sampling is representative

of the in situ material collected, including for instance results for field duplicate/second-half sampling.

Whether sample sizes are appropriate to the grain size of the material being sampled.

For sulphide-rich zones, cores to be sawn and quarter core splits to be sampled and submitted to the lab.

For non-sulphide-rich zones, representative section of 20cm length every 4m were sampled as whole core samples and

submitted to the lab for crushing and pulverising.

Quality of

assay data and laboratory tests

The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is

considered partial or total.

For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.

Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether

acceptable levels of accuracy (ie lack of bias) and precision

have been established.

Olympus Innovx Delta Premium (DP4000C model) handheld

XRF analyser. Used as semi quantitative measurement of base metal content in sulphidic zones.

Reading times employed was 30 sec/beam for a total of 60 sec using Mining Mode.

Handheld XRF QAQC includes duplicates, standards and blanks.

Assays by Intertek Genalysis carried out using a 4 Acid digest and read by ICP/OES.

Verification

of sampling and

The verification of significant intersections by either independent or alternative company personnel.

The use of twinned holes.

Documentation of primary data, data entry procedures, data

Not carried out because laboratory QA QC procedures are regarded as sufficient for surface samples.

Data entry carried out by field personnel thus minimizing transcription or other errors. Trial plots in field and rigorous


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Matsa Resources Limited

assaying

verification, data storage (physical and electronic) protocols.

Discuss any adjustment to assay data.

database procedures ensure that field and assay data are merged accurately.

Location of

Accuracy and quality of surveys used to locate drill holes (collar

Drill collars are surveyed by modern hand held GPS units with

data points

and down-hole surveys), trenches, mine workings and other

accuracy of 5m which is sufficient accuracy for the purpose of

locations used in Mineral Resource estimation.

compiling and interpreting results.

Specification of the grid system used.

Topographic control 2-5m accuracy using published maps or

Quality and adequacy of topographic control.

Shuttle Radar data is sufficient to evaluate topographic effects

on assay distribution.

Data

Data spacing for reporting of Exploration Results.

Not known at this stage.

spacing and

Whether the data spacing and distribution is sufficient to

distribution

establish the degree of geological and grade continuity

appropriate for the Mineral Resource and Ore Reserve

estimation procedure(s) and classifications applied.

Whether sample compositing has been applied.

Orientation

Whether the orientation of sampling achieves unbiased

Diamond drill hole is oriented at -60o and due SE targeting a

of data in

sampling of possible structures and the extent to which this is

modelled EM conductor.

relation to

known, considering the deposit type.

More information on the mineralized intersection upon

geological structure

If the relationship between the drilling orientation and the

orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and

reported if material.

completion of geological and geotechnical logging.

Sample security

The measures taken to ensure sample security.Sampling intervals to be marked up on core accompanied by separate printed cutting interval sheet. Core trays to be secured with steel straps on a pallet for transport to the core cutting contractor. Samples to the laboratory will be placed in calico bags then onto green bags. The green bags will be sealed with cable ties for transport to the laboratory.

Audits/reviews The results of any audits or reviews of sampling techniques and data.

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

N/A

Criteria JORC Code explanation Commentary

Mineral Type, reference name/number, location and ownership including agreements or material issues with third parties such

The project consists of 1 EL.

The Project is Located on Vacant Crown Land.

Page 7

Matsa Resources Limited

tenement

and land tenure status

as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and

environmental settings.

The security of the tenure held at the time of reporting along with any known impediments to obtaining a license to operate in the area.

The project is located within Native Title Claim No. 99/002 by the Ngadju people.

A heritage agreement has been signed and exploration is carried out within the terms of that agreement.

Exploration

done by other parties

Acknowledgment and appraisal of exploration by other parties.

Very little modern exploration has taken place on this tenement

prior to Matsa's ownership.

Geology

Deposit type, geological setting and style of mineralisation.

The target is "Nova" or Thompson belt style magmatic Ni-Cu mineralization.

Drill hole

Information

A summary of all information material to the understanding of the exploration results including a tabulation of the following

information for all Material drill holes:

o easting and northing of the drill hole collar

o elevation or RL (Reduced Level - elevation above sea level

in metres) of the drill hole collar

o dip and azimuth of the hole

o down hole length and interception depth

o hole length.

If the exclusion of this information is justified on the basis that

the information is not Material and this exclusion does not detract from the understanding of the report, the Competent

Person should clearly explain why this is the case.

Co ordinates and other attributes of Diamond drillholes were previously announced expressed as UTM co ordinates on

GDA94 datum Zone 51

Data

aggregation methods

In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg

cutting of high grades) and cut-off grades are usually Material and should be stated.

Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the

procedure used for such aggregation should be stated and

some typical examples of such aggregations should be shown in detail.

The assumptions used for any reporting of metal equivalent values should be clearly stated.

Downhole assay values are reported as Appendix 2


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Matsa Resources Limited

Relationship between mineralisatio n widths and intercept lengths

These relationships are particularly important in the reporting of

Exploration Results.

If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.

If it is not known and only the down hole lengths are reported,

there should be a clear statement to this effect (eg 'down hole length, true width not known').

All intercepts reported are measured in down hole metres.

Diagrams Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.

Not required at this stage.

Balanced reporting

Other substantive exploration data

Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.

Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.

Not required at this stage.

Geological observation included in the text and appendix 1.

DHEM Surveys carried out in 12th -15th June 2015 by Outer Rim, SURVEY PARAMETERS Configuration : Fixed Loop, Station Spacing : 2-20 m RECEIVER : SMARTem24, Frequency : 1.0 Hz, Components Z,X,Y, Rx Sensor

: DigiAtlatnis B-field probe, Rx Normalised Area : 10000m2

TRANSMITTER Transmitter : ORE HP, Tx Area 90000-

300000m2, Tx Current : 120 A, Turn Off : 1.2 ms

Further work The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling).

Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling

areas, provided this information is not commercially sensitive.

Down hole TEM (DHTEM) is planned after the completion of the hole.

Further DD drilling to test other conductors is planned.


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Matsa Resources Limited

Appendix 2: Summary Assay Results - 15SHDD07

Hole_ID

Sample_ID

mFrom

mTo

Ag_ppm

Co_ppm

Cr_ppm

Cu_ppm

Fe_pct

Mg_pct

Mn_ppm

Ni_ppm

S_ppm

Zn_ppm

15SHDD07

81801

56

56.2

-1

26

32

30

4.73

1.35

540

34

0.02

91

15SHDD07

81802

60

60.2

1.3

60

80

42

8.54

1.21

1234

74

0.03

118

15SHDD07

81803

64

64.2

-1

49

47

26

8.65

4.86

1942

40

0.09

86

15SHDD07

81804

68

68.2

-1

56

73

49

9.38

4.24

1834

54

0.07

96

15SHDD07

81805

72

72.2

-1

43

37

25

7.11

4.43

1703

42

0.07

65

15SHDD07

81806

76

76.2

-1

52

74

27

8.76

3.99

1734

46

0.18

89

15SHDD07

81807

80

80.2

-1

24

49

41

5.42

2.04

1204

23

0.09

88

15SHDD07

81808

84

84.2

-1

62

92

82

11.9

3.97

2037

57

0.28

121

15SHDD07

81809

88

88.2

-1

95

78

269

18.23

4.97

2879

91

0.83

289

15SHDD07

81810

92

92.2

-1

95

234

128

16.82

6.90

3036

124

0.56

191

15SHDD07

81811

96

96.2

-1

8

9

7

3.56

0.53

379

5

0.02

57

15SHDD07

81812

100

100.2

-1

4

19

8

1.35

0.30

161

3

0.01

23

15SHDD07

81813

104

104.2

-1

76

40

87

15.11

3.77

2024

45

0.39

138

15SHDD07

81814

108

108.2

-1

37

53

30

7.91

3.29

1714

35

0.06

118

15SHDD07

81815

112

112.2

-1

34

22

84

9.1

2.88

1469

25

0.23

80

15SHDD07

81816

116

116.2

-1

7

7

8

3.13

0.44

564

4

0.01

56

15SHDD07

81817

120

120.2

-1

6

9

6

3.13

0.67

341

3

0.01

45

15SHDD07

81818

124

124.2

-1

7

22

15

3.49

0.56

493

8

0.04

61

15SHDD07

81819

128

128.2

-1

53

319

154

8.11

6.28

1485

154

0.23

81

15SHDD07

81820

132

132.2

-1

44

223

55

7.48

4.86

1332

78

0.11

77

15SHDD07

81821

136

136.2

-1

24

51

40

5.99

1.60

877

23

0.09

87

15SHDD07

81822

140

140.2

-1

59

170

54

10.6

5.70

2104

96

0.10

118

15SHDD07

81823

144

144.2

-1

37

167

42

6.31

3.20

1085

55

0.10

79

15SHDD07

81824

148

148.2

-1

29

146

35

5.83

3.19

1083

50

0.08

88

15SHDD07

81825

152

152.2

-1

43

91

60

9.4

3.76

1723

50

0.15

106

15SHDD07

81826

156

156.2

-1

58

154

74

8.89

2.63

1513

118

0.17

87

15SHDD07

81827

160

160.2

-1

37

8

62

15.42

3.40

2013

10

0.75

180

15SHDD07

81828

164

164.2

-1

71

153

94

12.18

3.74

1893

141

0.67

90

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Matsa Resources Limited

15SHDD07

81829

168

168.2

-1

36

-1

45

11.78

3.03

1775

7

0.47

145

15SHDD07

81830

172

172.2

-1

66

548

57

11.81

3.79

1752

245

0.17

122

15SHDD07

81831

176

176.2

-1

64

360

68

13.38

4.18

1762

184

0.22

134

15SHDD07

81832

180

180.2

-1

47

145

77

8.74

3.09

1939

106

0.79

105

15SHDD07

81833

183.1

183.6

-1

99

345

271

15.45

3.63

1007

247

5.25

100

15SHDD07

81834

184

184.2

-1

48

204

48

9.67

3.78

1401

94

0.54

129

15SHDD07

81835

188

188.2

-1

70

134

75

8.84

2.91

1423

189

0.22

82

15SHDD07

81836

192

192.2

-1

67

149

145

8.44

3.14

1197

184

0.64

98

15SHDD07

81837

196

197

-1

55

151

58

5.54

3.22

744

146

0.79

152

15SHDD07

81838

197

197.9

-1

55

124

373

13.39

2.82

624

169

6.47

149

15SHDD07

81839

197.9

198.7

-1

40

103

266

12.88

3.20

907

112

4.34

141

15SHDD07

81840

198.7

199.65

1

81

76

665

22.96

1.73

951

246

11.04

143

15SHDD07

81841

199.65

200.2

1.1

180

68

667

35.86

1.16

570

491

20.70

55

15SHDD07

81842

200.2

200.7

-1

38

91

89

9.67

2.58

1577

47

2.32

138

15SHDD07

81843

204

204.2

-1

54

117

117

8.03

4.00

1762

66

0.30

101

15SHDD07

81844

208

208.2

-1

61

67

81

10.2

4.44

1067

48

0.41

123

15SHDD07

81845

212

212.2

-1

50

54

89

10.16

4.06

1455

43

0.37

102

15SHDD07

81846

216

216.2

-1

62

515

63

8.75

3.41

1459

240

0.71

100

15SHDD07

81847

220

220.2

-1

51

122

141

7.93

5.41

952

120

1.02

123

15SHDD07

81848

224

224.2

-1

99

256

652

19.61

8.88

2690

364

3.11

272

15SHDD07

81849

228

228.2

-1

88

1178

140

12.32

13.46

1776

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Page 11

Matsa Resources Limited

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Page 12

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Australia | All
Gold and Silver Prices for these countries : Australia | All

Matsa Resources

EXPLORATION STAGE
CODE : MAT.AX
ISIN : AU000000KAL9
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Matsa is a gold exploration company based in Australia.

Matsa holds various exploration projects in Australia.

Its main exploration properties are BROAD ARROW, MOUNT VETTERS, CLINKER HILL, DUNNSVILLE, NORSEMAN, SIBERIA and GASCOYNE in Australia.

Matsa is listed in Australia. Its market capitalisation is AU$ 4.6 millions as of today (US$ 3.0 millions, € 2.8 millions).

Its stock quote reached its highest recent level on March 15, 2013 at AU$ 0.55, and its lowest recent point on September 19, 2023 at AU$ 0.03.

Matsa has 144 710 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
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Financials of Matsa Resources
11/3/2016Quarterly Report 30 September 2016
7/29/2016Quarterly Report 30 June 2016
4/29/2016Matsa Resources Quarterly Report March 2016
Project news of Matsa Resources
4/12/2017DMP Approves Matsa Resources’ Fortitude Gold Project
8/8/2016RC Drilling Commenced Mt Weld Gold Project
4/19/2016(Dunnsville)Drilling Commences at Dunnsville Gold Project
9/6/2013Announcement: Patersons Securites Research Note on Matsa Res...
6/11/2013Resource Stocks Magazine June/July 2013: Fraser Range Focus ...
9/10/2012State One Stockbroking Report for Matsa Resources Ltd
9/4/2012Exploration Activities Update 4 September 2012
8/31/2012Patersons Research Report for Matsa Resources Ltd
5/7/2012Breakaway Research Report for Matsa Resources Ltd
Corporate news of Matsa Resources
6/22/201621 June 2016 IP Survey Has Commenced at Killaloe
4/26/2016Gold Potential Highlighted at Killaloe
1/29/2016Siam Copper Project Thailand Exploration Update
12/21/2015Diamond Drilling Programmes Update
12/11/2015Diamond Drilling Commenced Siam Copper Project Thailand
12/10/2015Exploration Update at Symons Hill December 2015
10/28/2015Quarterly Report September 2015
10/1/2015Matsa Resources Limited Annual Report 2015
9/23/2015Significant New Conductor at Symons Hill, Fraser Range
9/2/2015Siam Copper Project Thailand Second Assay Confirms Very High...
8/26/2015Siam Copper Project Thailand Outstanding High Grade Copper A...
7/31/2015Metals X to Acquire the Mt Henry Gold Project
7/31/2015Sale of Mt Henry Gold Project
7/30/2015Quarterly Report June 2015
7/27/2015Siam Copper Project Thailand Update
4/23/2015Significant Geological Features Support EM Conductors Symons...
4/14/2015Significant New Conductor at Symons Hill, Fraser Range
4/8/2015Siam Copper Project (Thailand) Exploration Tenements Granted
3/16/2015Half Yearly Report December 2014
3/13/2015New High Priority EM Conductors discovered at Symons Hill
12/23/2014First High Power EM Results Symons Hill Fraser Range
11/26/2014AGM Results of Meeting
6/26/2012Joint Venture on Mt Henry Gold Project Matsa Resources Ltd
9/15/2011Recall: MATSA Release on 15th Sep 2011
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AUSTRALIA (MAT.AX)
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AUSTRALIA
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