Matsa Receives Final Option Payment from AngloGold for Lake Carey Gold Project
Matsa Resources Limited (ASX: MAT) has received the final option instalment payment of AU$1.65 million, including GST, from AngloGold Ashanti Australia in relation to the Lake Carey Gold Project. The payment represents the third and last option fee required under the existing tenement option agreement, allowing AngloGold Ashanti to maintain its option rights until 20 December 2026.
With this latest payment, Matsa has secured a total of approximately AU$9.5 million through option fee instalments and reimbursements linked to tenement-related expenditures. The agreement provides AngloGold Ashanti with the opportunity to acquire interests in the project, subject to a final exercise decision before the December deadline.
The receipt of the final instalment highlights continued interest in the Lake Carey asset and reinforces the value attributed to the project by a major gold producer. Investors will now focus on AngloGold Ashanti’s forthcoming decision regarding the exercise of the option, which could mark a significant milestone in the future development of the Lake Carey Gold Project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Matsa Receives Final Option Payment from AngloGold for Lake Carey Gold Project
Matsa Resources Limited (ASX: MAT) has received the final option instalment payment of AU$1.65 million, including GST, from AngloGold Ashanti Australia in relation to the Lake Carey Gold Project. The payment represents the third and last option fee required under the existing tenement option agreement, allowing AngloGold Ashanti to maintain its option rights until 20 December 2026.
With this latest payment, Matsa has secured a total of approximately AU$9.5 million through option fee instalments and reimbursements linked to tenement-related expenditures. The agreement provides AngloGold Ashanti with the opportunity to acquire interests in the project, subject to a final exercise decision before the December deadline.
The receipt of the final instalment highlights continued interest in the Lake Carey asset and reinforces the value attributed to the project by a major gold producer. Investors will now focus on AngloGold Ashanti’s forthcoming decision regarding the exercise of the option, which could mark a significant milestone in the future development of the Lake Carey Gold Project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au