ASX-listed Matsa Resources has kicked off ore haulage from its fully operational Devon Pit gold mine to FMR Investments' Greenfields processing plant, ahead of the company’s first scheduled processing campaign in mid-September.

The first 2 000 t of a planned 50 000-t processing parcel have already been delivered to Greenfields, with road train haulage now operating on a continuous 24-hour basis.

Executive chairperson Paul Poli said the haulage start represented a major achievement for Matsa. “The development progress at Devon has been excellent and now that we’re hauling to FMR for processing, things are getting really exciting. The mine setup, infrastructure and material and equipment movement planning has fallen into place nicely and whilst results so far are very pleasing, we are not getting distracted from ensuring the first 50 000-t parcel of high grade ore from Devon is delivered on time for a September quarter processing campaign, and importantly, our first gold sales,” he commented.

The first processing campaign is set to begin on September 17, with Matsa targeting its first gold pour within seven days of ore entering the mill. Gold doré is expected to be dispatched to the Perth Mint for refining immediately thereafter.

Ore haulage operations are currently running with six road trains, with capacity expected to increase to ten in the coming weeks as the company ramps up toward full delivery of the initial processing parcel. A second campaign is scheduled for mid-December 2025, with the current mine plan targeting more than 40 000 oz of gold over an 18-month operation window.

Poli also hinted at the potential for broader production activity across the company’s portfolio. “Once this first campaign has been completed, Matsa will assess its other projects for opportunities to bring them into production leveraging off the current Devon operation. Matsa is in a good position right now, has a great project in Lake Carey and we are excited with the prospects ahead as we transition into a producer.”