EXPLORATION
ASX-listed Matsa Resources has entered into an agreement with exploration company IGO Newsearch, whereby IGO will acquire a 70% interest in the copper/nickel Symons Hill project as well as Matsa’s other Fraser Range tenements in Western Australia. Under the terms of the agreement, IGO will pay A$600 000 in cash and then free carry Matsa for all exploration to the completion of feasibility studies or the decision to mine, whichever occurs earlier.
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