Catalyst Metals (CYL) drill results — 3 deposits

Catalyst Metals (ASX: CYL) is a gold producer whose flagship asset is the 40km long Plutonic Gold Belt in Western Australia. The belt currently produces ~100koz of gold a year from three mines: Plutonic, Plutonic East and the Trident open pit. Catalyst is bringing three new mines into production (Trident underground, Old Highway and Cinnamon), each to be processed through the existing Plutonic processing plant. Trident is an underground deposit 30km north-east of the plant. Old Highway is an undeveloped gold project 40km south-west of the plant, with a Resource of 206koz at 3.0g/t Au and a Reserve of 140koz at 3.2 g/t. Cinnamon is an undeveloped gold Resource 25km from the plant. K2 is named alongside Plutonic East and the Trident open pit as one of the first three mines Catalyst developed on the belt. Recent announcements also refer to +75km of strike length north of the historic +22Moz Bendigo goldfield, with a high-grade greenfield resource at 26 g/t Au.