Matsa Resources Powers Ahead as Devon Pit Gold Processing Commences

Matsa Resources Devon Pit gold is being processed on its journey through the FMR Investments Greenfields processing plant in Coolgardie, marking a significant milestone for the company’s Lake Carey operation in Western Australia’s Goldfields.The Devon Pit toll milling operation, which is now confirmed by Matsa this week, is not just a production run—its the first tangible fruit of the company’s recent toll milling agreement with FMR. According to the contract, Matsa will receive ore from the Devon Pit milled offsite, keeping the initial capital outlay of building its own plant at bay.The Devon Pit at the northern extremity of Matsa’s Lake Carey gold project at Laverton has been churning out top-grade ore on a short interval. The ore is now being trucked nearly 900 kilometres south to Coolgardie, where it will be crushed, milled, and gold recovered at the Greenfields plant.FMR’s Greenfields operation is also highly regarded for being a very efficient refinery and processor, with its activities resulting in gold doré bars available for off-take at the Perth Mint. Not only is this guaranteeing Matsa a rapid channel to revenue, but it’s also giving the company the ability to step up or cut back production according to the market.For Matsa, this is a key moment in its strategy for the Lake Carey project overall. The company has been seeking to transform its portfolio of resource-intensive assets into a reliable cash flow producer, and processing Devon ore is a crucial first step.

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