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Matsa investigates restart options at Red October

By:  
Creamer Media Senior Deputy Editor: Australasia
 
GOLD
ASX-listed Matsa Resources has inked a memorandum of understanding (MoU) with Pit N Portal Mining Services (PNP) to investigate the restart of the Red October gold mine, in Western Australia. Matsa in September last year agreed to acquire the Red October project from fellow listed Saracen Mineral Holdings for A$1-million in cash and 4.545-million in shares.
 
 
 
 
 

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