Catalyst Metals Limited · ASX:CYL

Catalyst Metals — Shareholder Meeting (November 2020)

26 slides from Catalyst Metals's shareholder meeting presentation, Nov 20, 2020

  1. Slide 1: Annual General Meeting

    Annual General Meeting Perth 20 November 2020 Bruce Kay Technical Director

  2. Slide 2: Disclaimer & Forward Looking Statements

    Disclaimer & Forward Looking Statements  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 to be all inclusive o

  3. Slide 3: Catalyst Overview

    Catalyst Overview • Dominant and first mover position in the world class Bendigo / Fosterville gold province of Victoria, Australia • Clear strategy of making major gold discoveries and becoming a high grade gold producer • High quality team, shareholders & partners • Major 4-5 drill rig campaign co

  4. Slide 4: 2020: Another Year of Achievement

    2020: Another Year of Achievement  Multiple high grade gold zones in RC hole at Boyd’s Dam (25m @ 23g/t Au; 13m @ 2.5g/t Au; 7m @ 8.8g/t Au EOH)  Drummartin JV signed with SBM; Large gravity survey over 600sq kms  New gold zones east of Boyd’s Dam (Eagle 5)  Further high- grade gold mineralisati

  5. Slide 5: Catalyst History 2010-2020

    Catalyst History 2010-2020 Slide 5

  6. Slide 6: Victorian Gold: Standout Opportunity

    Victorian Gold: Standout Opportunity • Bendigo / Fosterville: 31 moz gold discovered to date1 • Fosterville 2020 guidance is c. 600koz Au @ cost of US$150/oz2 • Whitelaw Fault controls gold mineralisation • DPI Gold Undercover Report 2 (2007) estimates 32 moz Au under Murray Basin sediments 1. Based

  7. Slide 7: Catalyst: Control of Major Faults

    Catalyst: Control of Major Faults • Catalyst control of key faults commenced in 2010 • Focused on Boyd’s Dam / Four Eagles project • Virtually untested beneath Murray Basin Sediment cover • Additional upside associated with Tandarra and Drummartin JVs 1 “ Targeting the next high grade 31Moz Gold Fos

  8. Slide 8: Catalyst 2020: Exploration Success

    Catalyst 2020: Exploration Success 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 25m @ 23.0g/t Au PICKLES 6m @ 82.7g/t Au 3m @ 9.6g/t Au TANDARRA 17m @ 7.1g/t Au CUNNEENS

  9. Slide 9: Bendigo: A World Class Gold Field

    Bendigo: A World Class Gold Field Bendigo Goldfield  Largest gold producer in the world from 1850 to 1890  22 million ounces at 15g/t Au historical production  Every Vertical 100 metres contained 3 to 5 moz of gold  Larger footprint than the Kalgoorlie Super Pit Slide 9

  10. Slide 10: 2017/20: Key Intersections

    2017/20: Key Intersections • 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) • 25m @23.0g/t Au (BD) • 16m @ 15.4g/t Au (BD) • 18m @ 9.3g/t Au (BD) • 3.0m @ 9.6g/t Au (P) • 3.0m @ 21.4g/t Au

  11. Slide 11: Boyd's Dam: Boyd North Trend

    Boyd’s Dam: Boyd North Trend Slide 11

  12. Slide 12: Boyd's Dam: Fosterville Analog

    Boyd’s Dam: Fosterville Analog • Fosterville deposit started at surface • Boyd’s Dam has similar stacked zones of gold mineralisation • Fosterville mining from surface has led to the discovery of world class Swan Zone Sw an Zone R eserves reported by K irkland Lake Gold (21 February 2019). R eserve

  13. Slide 13: Boyd's Dam vs New Chum Bendigo

    Boyd’s Dam vs New Chum Bendigo Boyd’s Dam displays analogous stacked mineralisation with similar scale potential to New Chum line Slide 13

  14. Slide 14: Boyd's Dam: Conceptual Mining & Exploration Plan

    Boyd’s Dam: Conceptual Mining & Exploration Plan • Plan to adopt successful staged Fosterville mining approach • Initial shallow open-pit (c. 80m) to access ore and develop c. 2km underground drilling exploration platform • Underground platform to chase ore body extension at depth Slide 14

  15. Slide 15: Fine Gold & Positive Metallurgy

    Fine Gold & Positive Metallurgy • 60% fine gold, lower nugget effect of Bendigo • Good correlation between small and large Correlation Graph: 25g vs 2kg sample assays • High metallurgical recovery likely with gravity and cyanide Slide 15

  16. Slide 16: Lifting the Cover Gravity Survey

    Lifting the Cover 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 16

  17. Slide 17: Cunneens: Eagle 1

    Cunneens: Eagle 1 • Gravity Target 3 • High grade gold (3m @ 21.4g/t Au) in 5.0 kms trend • 4 kms from Whitelaw Fault (same as Bendigo) • Eagle 1 Structure 7 kms long Slide 17

  18. Slide 18: Tandarra Gold Project

    Tandarra Gold Project • Catalyst has earned 51% and is operator • High grade gold at less than 20m depth • 10 to 20km strike length of untested structure • Open pit potential at Tomorrow Prospect • 2020 drilling has made new discoveries: • Lawry Zone (31m @1.4g/t Au) • Macnaughtan high grade (13m @

  19. Slide 19: Tandarra South

    Tandarra South • New Lawry Zone discovered • High grade on Macnaughtan Prospect • Deep cover to south • Gold intersections at T4 and Dingee Zone Slide 19

  20. Slide 20: Tandarra: Tomorrow Zone Drilling

    Tandarra: Tomorrow Zone Drilling Slide 20

  21. Slide 21: Catalyst Capital Structure

    Catalyst Capital Structure Capital Structure (ASX: CYL)  83,399,698 fully paid ordinary shares  7,881,996 Options ($2.45/31:05:22)  Top 20 control approximately 78% of issued capital Cash in hand  A$17.1 million (at 30 September 2020) Market Capitalisation  A$208 million (at $2.50 per share) Sl

  22. Slide 22: Corporate Structure

    Corporate Structure 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  Gary Schwab – Certified P

  23. Slide 23: Another big year approaching!

    Another big year approaching!  60,000 metres RC, Air Core and diamond drilling  Possible 5 rigs at Boyd’s Dam to push for resource in 2021  Air core drilling on gravity targets on Boort and Drummartin JVs  Follow up Eagle 5 results  Follow-up of high grades at Lawry and Macnaughtans on Tandarra

  24. Slide 24: Catalyst 2020: Well Positioned

    Catalyst 2020 : Well Positioned  Tight Capital Structure  Good Market Capitalisation/Cash  Good Management/Cost Control  Control of one of the world’s hottest gold belts  Strong scientific approach to exploration  Strong support from SBM and HPPL “Excellent Exploration Results” Slide 24

  25. Slide 25: Competent Persons Statement

    Competent Persons Statement 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 non-executive director

  26. Slide 26: Annual General Meeting

    Annual General Meeting Perth 20 November 2020 Bruce Kay Technical Director

Catalyst Metals — Shareholder Meeting (November 2020) on 6ix