Mining Capital FundsMCF Mining Approvals Index

Data as at 18 October 2026 · from Western Australian Government registers and open data

Western Australian mining project · Care and Maintenance

Fortitude

Fortitude is a Western Australian mining project (in care and maintenance) in MINEDEX, owned by Matsa Resources Limited 100%; Anglogold Ashanti Limited; Anglogold Ashanti Australia Ltd; Matsa Gold Pty Ltd, on 16 current tenements held by MATSA GOLD PTY LTD; RAVEN RESOURCES PTY LTD. Commodities: Gold, Silver, Copper.

MINEDEX project
J02498
Stage
Care and Maintenance
Owners (MINEDEX)
Matsa Resources Limited 100%; Anglogold Ashanti Limited; Anglogold Ashanti Australia Ltd; Matsa Gold Pty Ltd
Tenement holders
MATSA GOLD PTY LTD
RAVEN RESOURCES PTY LTD
Parent groups
Matsa Resources
Commodities
Gold, Silver, Copper
Rehabilitation liability
Its rehabilitation liability is in the MCF Mining Index (subscribers): the Mining Rehabilitation Fund estimate, its trend since 2014, company provisions and closure-plan costs

Resources and reserves

CommodityResourcesReservesLatest estimate
Gold8.92 Mt at 1.94 g/t, 556 koz contained1.03 Mt at 1.80 g/t, 60 koz contained30 June 2023

Current MINEDEX estimates over all the project's sites; resources may include reserves. MINEDEX (DMPE), CC BY 4.0.

Mine closure plans

SiteOperatorLatest plan approvedPlan (PDF on GeoDocs)Closure year
Lake Carey Project - Fortitude Gold Mine M39/709, M39/710 & M39/1065MATSA GOLD Pty Ltd24 October 2018Mine Closure Plan Lake Carey Project - Fortitude Gold Mine M39/709, M39/710 & M39/1065 Jul

Tenements

TenementHolderStatusExpiresCommoditiesHectares
M 39/1
Mining lease
MATSA GOLD PTY LTDGranted22 December 2024Gold, Silver16
M 39/286
Mining lease
MATSA GOLD PTY LTDGranted22 March 2035Gold, Silver30
M 39/709
Mining lease
MATSA GOLD PTY LTDGranted16 June 2029Gold, Silver570
M 39/710
Mining lease
MATSA GOLD PTY LTDGranted16 June 2029Gold, Silver560
M 39/1065
Mining lease
MATSA GOLD PTY LTDGranted16 June 2029Gold, Silver595
M 39/1089
Mining lease
MATSA GOLD PTY LTDGranted17 July 2035Gold, Copper226
L 39/267
Miscellaneous licence
MATSA GOLD PTY LTDGranted10 May 2039Gold, Silver55
E 39/1752
Exploration licence
MATSA GOLD PTY LTDGranted5 February 2028Gold, Silver1,920
E 39/1770
Exploration licence
MATSA GOLD PTY LTDGranted30 June 2028Gold, Silver1,509
E 39/1803
Exploration licence
MATSA GOLD PTY LTDGranted29 January 2027Gold, Silver597
E 39/1819
Exploration licence
MATSA GOLD PTY LTDGranted15 January 2027Gold, Silver2,086
E 39/1834
Exploration licence
MATSA GOLD PTY LTDGranted16 June 2027Gold, Silver2,089
E 39/1864
Exploration licence
MATSA GOLD PTY LTDGranted13 February 2027Gold, Silver2,937
E 39/1889
Exploration licence
MATSA GOLD PTY LTD; RAVEN RESOURCES PTY LTDGranted7 March 2028Gold, Silver2,936
E 39/1981
Exploration licence
MATSA GOLD PTY LTDGranted5 February 2027Gold, Silver894
E 39/2128
Exploration licence
MATSA GOLD PTY LTDGranted30 November 2030Gold, Silver868