Key Points In June 2023, Catalyst acquired two companies to complete a consolidation of the Plutonic Gold Belt, a belt situated in northern WA Previous owners of the belt had estimated Mineral Resources and Ore Reserves however, Catalyst felt a different estimation approach was needed Since taking control, Catalyst has been undertaking this re-estimation process These global Plutonic Resources include Resources for both [...]
KEY POINTS Quarter highlights Catalyst completed consolidation of the Plutonic gold belt in late June 2023, making the September quarter the operation's first under CYL ownership New management team installed at the Plutonic gold mine Plutonic operational performance increased month-on-month, beginning to demonstrate what performance could be possible from the Plutonic gold mine Trident Scoping Study released [...]
New management team driving initiatives at the Plutonic Gold Mine Key Points Significantly improved month-on-month operating results at the Plutonic Gold Mine Performance culminated in 6,694oz produced in September September quarter results show an increase across all key operating metrics when compared against the prior 18 months to June 2023: 17% increase in gold produced 37% increase in ore processed 24% increase in [...]
Key Points Experienced Businessman, David Jones AM, joins as Non-Executive Chairman Mr Jones replaces long serving Non-Executive Chairman, Steve Boston The appointment of Mr Jones concludes the first phase of Catalyst's evolution post the consolidation of the Plutonic Gold Belt earlier in the year. Mr Jones brings a unique set of skills that will support the recently announced new Catalyst management team [...]
Key Points Catalyst and Wolf Contracting have, together, resolved a legacy dispute Catalyst acknowledges Wolf's willingness and commitment through the process Catalyst welcomes a potential future relationship with Wolf as a valuable contracting partner Catalyst Metals Ltd. is pleased to announce that it has resolved a legacy dispute between Wolf Contracting and the previous owners of Plutonic Gold Mine, Superior Gold [...]
New management team appointed to rejuvenate Plutonic Operations Key Points Key new management appointments at Plutonic Appointees already yielding positive operating results Team's focus is on improving the basic operating key performance indicators such as material moved, development and mill throughput. Through this focus, gold production is expected to increase and costs to fall Catalyst Metals Ltd. is pleased to [...]
Plutonic Gold Belt, Western Australia Mining Proposal for Small Mining Operations approved by DMIRS Key Points Approval will allow early works including portal construction and decline development De-risks project schedule by allowing early works to commence ahead of final mining approvals Recent Trident Scoping Study demonstrated potential for high grade , low AISC and low capital intensity project [...]
High-grade results, incl. 9m @ 64 g/t and 9m @ 33 g/t Au Results fill gaps within Trident Mineral Resource, providing a strong basis for Definitive Feasibility Study Key Points 40 drill holes have been completed, infilling various gaps in the Trident Mineral Resource Initial results from these holes report significant intersections, with further results to be released as available Results will be used to update the [...]
Superior Gold Inc. and Catalyst Metals Ltd. are pleased to announce the completion of the previously announced plan of arrangement, whereby Catalyst has acquired all of the issued and outstanding common shares in the capital of the Company by way of a court-approved plan of arrangement under the Business Corporations Act. Under the terms of the Arrangement, each former shareholder of Superior is entitled to receive 0.3571 [...]
Superior Gold Inc. is pleased to announce that at the Company's special meeting of shareholders held June 26, 2023, Superior's shareholders overwhelmingly voted in favour of a special resolution to approve the acquisition of all of the issued and outstanding common shares of the Company by Catalyst Metals Ltd. by way of a plan of arrangement in accordance with the Business Corporations Act . Under the terms of the [...]
Superior Gold announces that it has entered into a definitive agreement pursuant to which Catalyst Metals will acquire all of the issued and outstanding common shares of Superior pursuant to a court-approved plan of arrangement. The Transaction will result in Catalyst acquiring 100% of Superior's Plutonic Gold Operationsa. The Plutonic Gold Operations include the Plutonic underground gold mine and central mill, numerous [...]
Catalyst Metals Ltd. is pleased to announce that reverse circulation drilling at the Boyds Dam Prospect at Four Eagles Gold Project has produced further excellent gold results with one hole intersecting three gold zones between 70 metres and the end of the hole at 168 metres depth. About ABN Newswire: ABN Newswire is a leading communications technology company, and electronically publishes and distributes corporate and [...]