Henty Gold Mine
Catalyst acquired 100% of the Henty Gold Mine and regional exploration tenements, in January 2021.
In March 2025, Catalyst entered into a binding agreement to sell the Henty Gold Mine in Tasmania to ASX listed Kaiser Reef Limited (ASX:KAU).
Upon completion of the transaction, Catalyst will become a 19.99% shareholder in Kaiser and will be entitled to nominate a director to the Kaiser board. This partnership will allow Kaiser to leverage Catalyst’s knowledge of Henty and provide Catalyst with exposure to additional value that a focused Kaiser team can unlock with Henty as its flagship asset.
The Henty Gold operation is located 23 kilometres from the town of Queenstown in north western Tasmania, consisting of an underground mine and a nameplate capacity 300,000 tpa conventional CIL processing plant.
Henty is a high-grade, underground gold deposit with established infrastructure and significant exploration upside in the mineral rich Mt Read Volcanic Belt, which has historically produced over 8M ounces of gold. Mining commenced in 1996 and the mine has since produced 1.4M ounces of gold at an average mined grade of 8.9g/t.
Since acquisition, Catalyst has been pursuing a strategy to increase mining inventory to support higher gold production and lower costs. The Henty mine also has extensive exploration leases stretching north and south along the prominent Henty Fault. Catalyst has invested heavily in exploration and is currently undertaking an update in its Ore Reserve.