EXPLORATION & DEVELOPMENT

Devon JV tips high open pit returns

MATSA Resources and its new 50% Devon joint venture partner Linden Gold Alliance have released the results of an updated scoping study for an open pit redevelopment in Western Australia’s Eastern Goldfields.

 The Devon pit was mined in 2015-16

The Devon pit was mined in 2015-16

The refresh comes two years after Matsa's initial estimates and is expected to be followed by a definitive feasibility study in August.   The review of Devon takes place with a A$400 higher base case...

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