MAT.ASX: Fortitude North Delivers More High Grade Gold Intercepts

Fortitude North Delivers More High Grade Gold Intercepts

Stock	Matsa Resources Ltd (MAT.ASX)
Release Time	4 Aug 2026, 9:22 a.m.
Price Sensitive	Yes

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Matsa Resources Announces High-Grade Gold Intercepts at Fortitude North

Key Points

Matsa Resources reports significant gold intercepts from Fortitude North
26.6m @ 4.48g/t Au from 92.9m including 10.3m @ 6.24g/t Au
Drilling program continues with promising results
Further exploration planned to test potential

Full Summary

Matsa Resources Limited has reported further high-grade gold intercepts from the ongoing diamond drilling program at the Fortitude North prospect, part of the Lake Carey Gold Project in Western Australia. The company has completed 9 holes for 3,404m, with assays showing significant gold mineralization. Notable intercepts include 26.6m @ 4.48g/t Au from 92.9m, including 10.3m @ 6.24g/t Au from 108.2m. Matsa Resources plans to continue drilling, with a further 6,000m designed for the lake-based drilling program. The company is optimistic about the potential of Fortitude North, which is located along the Fortitude Shear gold corridor.

Outlook

Matsa Resources is optimistic about the potential of Fortitude North, with plans to continue drilling and further exploration to test the potential of the currently defined gold anomaly.