Catalyst Metals Limited · ASX:CYL
Catalyst Metals — Shareholder Meeting (November 2019)
32 slides from Catalyst Metals's shareholder meeting presentation, Nov 13, 2019
Slide 1: Annual General Meeting
Annual General Meeting Perth For personal use only 13 November 2019 Bruce Kay Technical Director
Slide 2: Disclaimer & Forward Looking Statements
Disclaimer & Forward Looking Statements For personal use only This presentation has been prepared by Catalyst Metals Limited (“Catalyst”). This document contains background information about Catalyst current at the date of this presentation. The presentation is in summary form and does not purport
Slide 3: Company Objectives
Company Objectives For personal use only 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 using local plant “Dominate the Region” Slide 3
Slide 4: Catalyst: The Dream
Catalyst: The Dream For personal use only Bendigo produced 22 million ounces gold Fosterville guidance for 2019 is 570-610Koz gold @ operating cash cost of US$130- 150/oz * One of the best untested gold provinces in the world We want to make major gold discoveries * Source: Refer TSX release
Slide 5: 2019: Best year yet for Catalyst!
2019: Best year yet for Catalyst! For personal use only Very high-grade gold mineralization (1,675g/t Au) intersected in RC at Four Eagles Gold Project High grade gold mineralization in diamond drilling on southern plunge extent at Boyd’s Dam High grade gold discovery confirmed at Cunneens Pro
Slide 6: Catalyst History 2010-2019
Catalyst History 2010-2019 For personal use only Slide 6
Slide 7: Victorian Gold
Victorian Gold For personal use only Bendigo Australia’s 2nd largest goldfield (22 moz historic prod.) Whitelaw Fault controls gold mineralisation Mines Dept predicts 32 moz covered by Murray Basin Sediments Slide 7
Slide 8: Catalyst 2019: Controls Major Faults
Catalyst 2019: Controls Major Faults For personal use only Bendigo/Fosterville: ?32 moz gold (past production and current resources) Virtually untested beneath cover “ Could be more Fostervilles and Bendigos under cover” 32Moz Gold Slide 8
Slide 9: Catalyst 2019: Exploration Success
Catalyst 2019: Exploration Success For personal use only BOYD’S DAM BOYD NORTH HAYANMI 16m @ 15.4g/t Au 9m @ 22.7g/t Au 20m @ 21.4g/t Au 18m @ 9.3g/t Au 3m @ 154g/t Au 22m @ 36.5g/t Au 8m @ 212.3g/t Au 4m @ 20g/t Au 6m @ 21.5g/t Au 16m @ 12.7g/t Au PICKLES 6m @ 82.7g/t Au 3m @ 9.6g/t Au TANDARRA 17m
Slide 10: Bendigo: A World Class Gold Field
Bendigo: A World Class Gold Field For personal use only Bendigo Goldfield Largest gold producer in the world from 1850 to 1890 22 million ounces at 15g/t Au Every Vertical 100 metres contained 3 to 5 moz of gold Larger footprint than the Kalgoorlie Super Pit Slide 10
Slide 11: Finding the Next Bendigo
Finding the Next Bendigo For personal use only Manage the entire Whitelaw Gold Corridor Using world-class exploration techniques Strong JV partner GEV (sub of Hancock Prospecting PL) Equity investment by St Barbara Limited (14.1%) Equity investment by GEV (11%) High grade gold at Four Ea
Slide 12: Four Eagles Gold Project
Four Eagles Gold Project For personal use only 20m @ 21.4g/t Au (H) 22m @ 36.5g/t Au (H) 6m @ 21.5g/t Au (H) 4m @ 20.0g/t Au (BN) 9m @ 22.7g/t Au (BN) 6m @ 31.6g/t Au (BD) 8m @ 212.3g/t Au (BD) 16m @12.7g/t Au (BD) 16m @ 15.4g/t Au (BD) 18m @ 9.3g/t Au (BD) 3.0m @ 9.6g/t Au (P)
Slide 13: Boyd's Dam- Boyd North Trend
Boyd’s Dam- Boyd North Trend For personal use only Slide 13
Slide 14: Boyd's Dam Long Projection cf Fosterville
Boyd’s Dam Long Projection cf Fosterville For personal use only Courtesy Kirkland Lake Gold Ltd Slide 14
Slide 15: Boyd's Dam Cross Section cf Fosterville
Boyd’s Dam Cross Section cf Fosterville For personal use only Courtesy Kirkland Lake Gold Ltd Slide 15
Slide 16: Boyd's Dam vs New Chum Bendigo
Boyd’s Dam vs New Chum Bendigo For personal use only Slide 16
Slide 17: Lifting the Cover
Lifting the Cover For personal use only Gravity Survey First vertical derivative shows known gold channels Gold discovered on Targets 3 and 4 (yellow lines) Cunneens Prospect >1.6 kms long Slide 17
Slide 18: Cunneens Eagle Gravity Target
Cunneens Eagle 1 For personal use only Gravity Target 3 High grade gold (3m @ 21.4g/t Au) in 1.6 kms trend 4 kms from Whitelaw Fault (same as Bendigo) Eagle 1 Structure 7 kms long Slide 18
Slide 19: Tandarra Gold Project - Summary
Tandarra Gold Project - Summary For personal use only Catalyst has earned 51% High grade gold at less than 20m depth 10 to 20km strike length of untested structure Open pit potential at Tomorrow Prospect Stacked gold mineralization intersected in diamond drilling Air core, RC and Diamond
Slide 20: 2019 Tandarra Drilling
2019 Tandarra Drilling For personal use only Aircore reconnaissance drilling: – Tandarra North – Gravity Targets – Dingee RC Blade drilling: – Tomorrow Nth/Sth Diamond drilling Tomorrow Zone Slide 20
Slide 21: Tandarra 2019 RC/DD Drilling
Tandarra 2019 RC/DD Drilling For personal use only Slide 21
Slide 22: Tomorrow Cross Section
Tomorrow Cross Section For personal use only 5972560N Evidence of stacked zones of gold mineralisation Similar stacking to Bendigo and Fosterville Diamond drilling completed on intermediate zone Slide 22
Slide 23: Four Eagles Fine and Coarse Gold
Four Eagles Fine and Coarse Gold For personal use only 60% Fine Gold, Low Nugget Effect (16%) Good Correlation between small and Large sample assays High metallurgical recovery likely Slide 23
Slide 24: Four Eagles Gold Distribution
Four Eagles Gold Distribution For personal use only Metallurgy shows 53% finer than 38 microns: 26% coarser than 150 microns Variography shows 16% nugget effect cf. 90% at Bendigo Good correlation between 25 gram and 2 kg assays Gravity and Cyanide should get good recoveries Slide 24
Slide 25: 25gram vs 2kg Correlation Graph
25gram vs 2kg Correlation Graph For personal use only Slide 25
Slide 26: Conceptual Mining Plan: Boyd's Dam
Conceptual Mining Plan:Boyd’s Dam For personal use only Slide 26
Slide 27: Catalyst Capital Structure
Catalyst Capital Structure For personal use only Capital Structure (ASX: CYL) 78,892,444 fully paid ordinary shares 7,889,250 Options ($2.45/31:05:22) 1,000,000 unlisted options @ $1.00 Top 20 control approximately 78% of issued capital Cash in hand A$14.3 million (at 30 September 2019) Ma
Slide 28: Corporate Structure
Corporate Structure For personal use only Non-Executive Directors Bruce Kay – Former Head of Worldwide Exploration for Normandy Mining and Newmont Stephen Boston – Principal of Perth based Private Investment Group Robin Scrimgeour – Former banker in London, Tokyo, Hong Kong and Singapore Gar
Slide 29: Another big year approaching!
Another big year approaching! For personal use only 50,000 metres RC, Air Core and diamond drilling Seismic Survey at Four Eagles Gold Project Regional gravity surveys and air core drilling on greenfield ELs Continue scoping studies at Four Eagles and Tandarra Follow-up of high grades at B
Slide 30: Catalyst 2019: Well Positioned
Catalyst 2019 : Well Positioned For personal use only Tight Capital Structure Good Market Capitalisation/Cash Good Management/Cost Control Control Major Belts under cover Strong scientific approach to exploration Strong support from SBM and HPPL “Excellent Exploration Results” Slide 30
Slide 31: Competent Persons Statement
Competent Persons Statement For personal use only Competent Person’s Statement The information in this report that relates to exploration results is based on information compiled by Mr Bruce Kay, a Competent Person, who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Kay is a
Slide 32: Annual General Meeting
Annual General Meeting For personal use only Perth 13 November 2019 Bruce Kay Technical Director
Catalyst Metals — Shareholder Meeting (November 2019) on 6ix