Matsa Resource Project
Last updated
Last updated
Location: E16/294 is situated approximately 70 kilometers northwest of Kalgoorlie and 50 kilometers northwest of Coolgardie. The renowned Dunnsville mining center is located approximately 1 kilometer east of the tenement
Project Highlights:
The tenement is underlain by Archean greenstones, consisting of basalt and amphibolite, creating a complex and variable geological environment.
Extensive exploration activities have been conducted in the surrounding mining areas since 2004, including surface geochemical sampling, rotary drilling, and reverse circulation drilling.
Testing of the discrete magnetic anomaly at Big Red in the vicinity has revealed narrow zones of mineralization. The best result obtained was a 1-meter interval with a gold grade of 5.92 g/t Au, indicating the potential for gold mineral resources.
The potential for significant gold mineralization in the area is supported by the robust presence of the Lady Ida deposit to the north with 420,000 ounces of gold resources and the Bullabulling deposit to the south with 3.7 million ounces of gold resources, providing strong indications of future development potential for the project.
