Bendigo Gold Project
The Bendigo Gold Project in Victoria lies directly to the north of the Bendigo Goldfields where over 22Moz of gold has been produced historically.
The Four Eagles Gold Project is situated along the Whitelaw Gold Corridor, 70 kilometres north of the historic Bendigo Goldfield and is considered a major structural control of gold mineralisation north of Bendigo.
In Victoria, Catalyst manages the entire Whitelaw Gold Belt and has interests in thirteen Exploration Licences and two Retention Licences which extend for 75 kilometres along the Whitelaw and Tandarra Faults north of Bendigo and in other areas north of the Fosterville and Inglewood gold fields.
The historic Bendigo Goldfield reportedly produced some 22 million ounces of gold since discovery in 1851. The success of this goldfield is attributed to the unique style and scale of faulting which resulted in the repetition of mineable orebodies at depths well beyond one kilometre.
To date, exploration of the Whitelaw Gold Belt to the north of Bendigo by Catalyst has demonstrated keen similarities to the Bendigo Goldfield such as visible gold in quartz, high grade gold assays, strong arsenious haloes, and close relationships with host rock fold hinges. In June 2023, the Company released a Mineral Resource Estimate of 665kt at 7.7g/t Au for 163,000oz Au, including the Iris Zone, a high-grade deposit of 70,000oz at 26.2g/t Au. Further details can be found on the Mineral Resources and Ore Reserves page.
The newly discovered Iris Zone lies on one of these steep western shear zones and seems to mostly occupy the western limb of the Boyd’s Dam anticline.
Recent drilling intersections from the Iris Zone include 6.5m @ 197.2g/t Au (incl. 0.55m @ 1,840 g/t Au), 3.7m @ 28.42g/t Au, 4.2m @ 53.4g/t Au, 1.7m @ 147.0g/t Au & 1.5m @ 28.8g/t Au