Red Dog is Matsa's latest mine.
The deposit has been comprehensively examined by a host of explorers from 1985 to the present, including CSR, Pennzoil-Vam, Shell, Sons of Gwalia and Saracen.
Located close to Matsa's existing operations at Lake Carey and Red October, Red Dog will cut costs by using the existing infrastructure and accommodation at Red October.
All regulatory approvals have been issued for the Red Dog mine and the tendering for mining and haulage works has also been done, with negotiations on an ore purchase and processing agreement in progress.
On-site at Red Dog, final mining and feasibility studies will wind-up shortly.