Matsa Resources LtdASX: MAT

MAT: IGO Acquires 70% Interest in Fraser Range Tenements

· Issued by Matsa Resources Ltd

Filed with ASX · · 3 pages · English

• Matsa will retain a 30% free carried interest in each of the tenements until the completion of a feasibility study or a decision to proceed to development and mining of a deposit on each of the tenements • IGO will pay $600,000 cash and free carry Matsa for the 70% interest in the tenements • The disposal of the non-core Fraser Range tenements allows Matsa to focus on its Lake Carey project but

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