Corporate presentation
Perth, May 22, 2017 AEST (ABN Newswire) - Catalyst Metals Ltd (
ASX:CYL) is pleased to provide the Company's latest Corporate presentation.
Company Objectives
- Develop assets with strong upside potential
- Enhance value via professional exploration
- Make a major gold discovery
- Become dominant in a world class gold province
- Gold production
'Lifting the Cover' 2011-2016
- Control of entire Whitelaw Gold Corridor
- Gravity and seismic reveal basement structures
- Pathfinder geochemistry defines gold trends
- Air core drilling at Four Eagles and Tandarra
- GEV support enables major drilling programme
Technical Programme 2017-18
- Drilling at Four Eagles Gold Project (+ 20,000 metres Jan to May 17)
- Confirmation drilling of shallow mineralisation at Tomorrow Zone
- Pit modelling for Tandarra
- Reconnaissance drilling at Macorna Bore, Sebastian, Tandarra.
- Deep diamond drilling at Four Eagles
To view the full presentation, please visit:
http://abnnewswire.net/lnk/RS58WD4I
About Catalyst Metals Ltd
Catalyst Metals Limited (ASX:CYL) is an Australian public company which is listed on the Australian Securities Exchange (Trading code CYL).
Catalyst has established a dominant position in one of the best gold provinces in Australia and controls a strike length of almost 80 kilometres along the Whitelaw Gold Belt north of Bendigo in Victoria. The Whitelaw Fault is believed to be an important factor in the formation of the Bendigo goldfield which was the second largest gold producer in Australia with production of 22 million ounces of gold at a grade of 15 g/t Au. Catalyst controls two virgin gold discoveries at Four Eagles and Tandarra where high gold grades up to 100 g/t Au have been discovered at shallow depths of less than 50 metres. A transaction with Gold Exploration Victoria Pty Ltd (a subsidiary of Hancock Prospecting Pty Ltd) will see up to $4.2 million spent on Four Eagles in coming years as well as co-operation with Catalyst on other gold projects in a large designated area.
Catalyst has a tight capital structure, a strong Board and management and is well placed to increase shareholder value by developing and mining shallow gold deposits using the favourable infrastructure of the area. Six existing gold processing plants lie within 100 kilometres of the tenement areas.
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