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Matsa inks gold deal with AngloGold Ashanti

ASX-listed Matsa Resources has inked an ore purchase agreement with gold miner AngloGold Ashanti over production from the trial mine at the Fortitude gold project, at the Lake Carey operation, in Western Australia.

Under the terms of the agreement, AngloGold Ashanti would purchase all the ore produced at the Fortitude project, and would treat the ore at its nearby 3.8-million tonne a year mill at the Sunrise Dam gold mine.