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Fortitude has a maiden ore reserve of 1,029,000 tonnes at 1.
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BUILDING an open pit on the Fortitude deposit for stage two operations will cost Matsa Resources $6.6 million in set-up costs, according to a mining study.
Part of the Lake Carey gold project, Matsa's proposed Fortitude Stage 2 open pit mine is in Western Australia's Eastern Goldfields.
Fortitude has a maiden ore reserve of 1,029,000 tonnes at 1.
Ore processing costs will be $32.26 per tonne, with the plant to take 12 months to construct.
Another Fortitude first for Matsa
Dartbrook on track to start on H2 2023