Australia's Matsa Resources jumps on gold find in WA

Matsa Resources

02/06/2023 03:15

** Shares of Australia's Matsa Resources Ltd  MAT.AX  climb
as much as 27.8% to A$0.046, posting their biggest intraday pct
rise since Feb. 16 
    ** Stock hits highest level since May 17
    ** Gold explorer says it has identified large gold system at
the Fortitude North Lake Carey Gold Project in Western Australia
    ** Adds additional drilling could add significantly to the
size of the defined mineralisation at the project  
    ** Stock down 2.7% this year, as of last close

 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))