I think 2020 could be a very good year for Matsa.- high gold price in $AUD a better understanding of grade and gold location at Red October, some more exploration drilling around Fortitude and the surprise of high grade at Devon.Some of you will remember GME mining Devon back in 2015,it was high grade and very profitable.Problem for GME was that Devon was on a postage stamp size mining lease and surrounded by the company which is now AWV and the respective MD's didn't get on at all and because of the bad blood between them GME was never able to get access ot the neighbouring ground to drill under the pit and see what else was there.From memory Devon was only mined to about 45metres in depth .Below are some screenshots of assay results from Devon in 2015 &2016 and a map showing just how close the Devon pit was to the tenement boundary.Looking at the map one can see the edge of the pit must have been around 50m from the tenement boundary. I firmly believe the is a lot of high grade gold still left in, below and around the Devon pit.Now that Matsa controls all of the surrounding ground it can be drilled ,mined and $$$ banked.A great asset for Matsa!
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- Ann: High Grade Gold Intersected Below Devon Mine
Ann: High Grade Gold Intersected Below Devon Mine, page-9
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