RESOURCE STOCKS
Iris Zone proves Catalyst theory on Bendigo Goldfield northern extension
Layer upon layer of contiguous, consistent mineralisation, typical of large orebodies
In Western Australia, the Company has consolidated the Plutonic Gold Belt, bringing together high-grade mineral resources and existing mining & processing infrastructure. The newly consolidated project will see high-grade gold deposits at Marymia mined and processed through the processing facilities at Plutonic. A new, highly experienced management team has been assembled that has already seen increased operating metrics across the board. Catalyst plans to develop a number of new deposits within the project package over the next 18 months, including the high-grade Trident underground mine, a satellite project located 25km northeast of Plutonic along an established haul road.
In Tasmania, the Company owns and operates the Henty Gold Mine, a project with a rich history. Over 1.4Moz of gold grading 9.0g/t Au has been produced from Henty to date. With low power costs and high grades, the Henty Gold Mine has the foundations of a low-cost producer with plans in place to increase production to over 40koz per annum.
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 ‘ribbon like’ mineralisation similar to Bendigo with the Iris Zone recently returning a mineral resource of 70koz at 26g/t Au.
The Plutonic Gold Operation has had numerous owners & operators over the past decade, with underinvestment and lack of access to the plant infrastructure impeding performance. Catalyst has consolidated the belt, brought in a new management team and implemented a new mine plan to stabilise and increase production.
The Henty Gold Mine in Tasmania was acquired in January 2021, with Catalyst focused on profitability and sustaining operations. Exploration on the large tenement position is focused on defining high-grade mineralisation that can be used to increase production to >40koz pa.
At the Bendigo Gold Project, the Company holds a dominant position over the Whitelaw Gold Belt, the northerly extension of the 22Moz Bendigo Goldfields. The Company has identified Bendigo-style high grade gold at Four Eagles, including the recent Iris Zone mineral resource of 70koz at 26g/t Au. An exploration decline is planned to drill year round on the project.
Layer upon layer of contiguous, consistent mineralisation, typical of large orebodies
Emerging mid-tier gold play drives consolidation moves.
Level 1, 30 Richardson Street
West Perth
Western Australia 6005
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