About Catalyst
Catalyst Metals (ASX:CYL) is an Australian gold producer with a low-cost organic growth pipeline.
In Western Australia, Catalyst Metals’ flagship asset is the 40km long Plutonic Gold Belt in Central Western Australia. This belt hosts the Plutonic Gold Mine which currently produces ~85koz pa at an AISC of ~A$2,400/oz.
Over the next 12 to 18 months, Catalyst plans to develop three new projects on the belt. These projects have a low capital intensity – A$31m in total. Each will be processed through the existing, currently underutilised and centrally located, processing plant.
With Resource infill drilling, Catalyst is targeting a greater than five‐year mine plan across four mines, feeding a central processing plant.
The Bendigo Gold Project in Victoria lies directly to the north of the Bendigo Goldfields where over 22Moz of gold has been produced historically.
At the Four Eagles Project, the Company has identified high-grade ‘stacked’ mineralisation similar to the Bendigo goldfields, with the Iris Zone recently returning a mineral resource grading 26g/t Au. Catalyst aims to build on the high-grades of its projects to build a mid-tier Australian gold producer.
