PERTH (miningweekly.com) – ASX-listed Matsa Resources has delivered its first ore from the Fortitude gold mine, in Western Australia, to gold miner AngloGold Ashanti’s Sunrise Dam treatment plant.
Matsa in June signed an agreement with AngloGold Ashanti, which would see the gold major purchase the Fortitude gold ore to treat at its nearby 3.8-million-tonne-a-year mill at the Sunrise Dam gold mine.
“The delivery of first ore from the Fortitude gold project marks another milestone for the project and for Matsa shareholders. It is a significant achievement that first ore has occurred about 12 months after acquiring the project and is testament to the hard work put in by all Matsa staff and contractors to make that happen in such a timely fashion,” Matsa executive chairperson Paul Poli said on Tuesday.
Trial mining at Fortitude started in July this year, and about 9 000 t of ore is stockpiled for delivery.
The company said that regular delivery of ore would occur on a continuous basis, realising a steady income stream for Matsa.