Catalyst Metals Limited · ASX:CYL

Catalyst Metals — Shareholder Meeting (November 2022)

22 slides from Catalyst Metals's shareholder meeting presentation, November 2022

  1. Slide 1: AGM Presentation

    AGM Presentation November 2022 ASX:CYL | catalystmetals.com.au

  2. Slide 2: Important Notices

    Important Notices Disclaimer This presentation has been prepared by Catalyst Metals Limited (“Catalyst”). This document contains background information about Catalyst and is current as at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or c

  3. Slide 3: Controlling Two Australian Gold Belts

    Controlling Two Australian Gold Belts Funding exploration through cashflow Bendigo Gold Fields • Immediately north of proven +22Moz Bendigo goldfields (adjacent to Fosterville gold mine) Australian Gold Fields Henty Gold Mine • Proven high-grade mine; historical gold production of +1.4Moz at ~9 g/t

  4. Slide 4: Henty Gold Mine

    Henty Gold Mine History of high-grade production STRATEGY 1. Increase sophistication of site 2. Invest in mine development, resource development and exploration 3. Increase production and reduce unit costs ASX:CYL 4

  5. Slide 5: Executing Henty's Strategy

    Executing Henty’s Strategy Milestones achieved Progress over 12-months  Experienced management team in place  43% improvement in safety performance (TRIFR)  Development metres lifted by 110% ‘Sure Up’ drilling – completed 55km of grade control and infill drilling completed giving comfort over fut

  6. Slide 6: Revitalising the Henty Mine

    Revitalising the Henty Mine Operational improvements to date Improving mine performance… … and an increase in gold recoveries… 100 12.0 100% 300,000 90 10.0 250,000 Head grade (%) 80% Recoveries (%) Throughput (tpa) 80 8.0 200,000 Availability (%) 60% 150,000 70 6.0 40% 100,000 60 4.0 20% 50,000 50

  7. Slide 7: Demonstrated Resource Growth under Catalyst

    Demonstrated Resource Growth under Catalyst Reinvesting in Resource development Resource Depletion1 Private Ownership Resource Growth • Resource growth has been ‘near mine’ • Ongoing exploration targeting new (2015-2020) Resource in virgin 36 368 areas 343 (44) 43 357 (25) 334 (20) (3) 296 (38) 24 2

  8. Slide 8: Exploration focus areas

    Exploration focus areas Leveraging existing infrastructure Historic Gold Production1 Avg true width of lens Darwin 5-15m 2.3Mt @ 8.6 g/t Au 646,400oz Z96 4.5m 0.74Mt @ 14 g/t Au 334,800oz IZ 2.2m 0.21Mt @ 14 g/t Au 94,600oz Newton 6m 0.72Mt @ 4.3 g/t Au 99,500oz Mt Julia 6m 0.29Mt @ 7.5 g/t Au 69,60

  9. Slide 9: Cradle Zone

    Cradle Zone Historical under-explored target; close to existing infrastructure • Historically, few holes drilled due to poor surface access • Recent underground drilling has generated encouraging results: • 4.6m @ 56.7g/t Au, 220g/t Ag • 4.2m @ 10.2g/t Au • 3.3m @ 18.2g/t Au • Exploration drive plan

  10. Slide 10: Darwin Extension

    Darwin Extension Henty’s most attractive deposit; close to existing infrastructure • Historically, Darwin produced 640koz @ 8.6 g/t gold from an average mining width of 8m • Recent drilling results indicated extensions to current mining areas: • 7m @ 12 g/t Au • 6m @ 32 g/t Au • 6m @ 19 g/t Au • 3m

  11. Slide 11: Significant landholding in an attractive mineral province

    Significant landholding in an attractive mineral province Underexplored tenement package EL8/2009 mN Lakeside Roseberry  Mine • Very limited regional exploration Lorrigan’s Luck Sterling Valley • One of most prospective and underexplored gold exploration tenement platforms in Tasmania ORDOVICIAN Wu

  12. Slide 12: Bendigo Gold Fields

    Bendigo Gold Fields +22Moz Proven Historic Gold Field STRATEGY 1. Control gold belt 2. Establish multiple Resources in close proximity (Baseload) 3. Develop exploration tunnel 4. Leverage existing infrastructure to production ASX:CYL 12

  13. Slide 13: Bendigo Goldfields – Proven Gold Field

    Bendigo Goldfields – Proven Gold Field High grade, highly concentrated mineral endowment • Most advanced exploration project in Bendigo/Fosterville area • Fosterville’s Swan Zone – 2.3Moz @ 50g/t1 • Control entire gold belt Note 1: Fosterville-Gold-Mine-Victoria-Australia-Updated-NI-43-101-Technical

  14. Slide 14: Significant Scale Opportunity

    Significant Scale Opportunity Consistent high grade Bendigo style mineralisation and ability to easily ‘fit’ another Bendigo • Focus has been at the Four Eagles Project • Scale of discovery can fit Bendigo-sized Four Eagles goldfield • 10km untested area between identified mineralized trend Tandarra

  15. Slide 15: Four Eagles Gold Project

    Four Eagles Gold Project Multiple recurring high-grade zones in close proximity • Most advanced exploration project • Continuously recurring high-grade gold zones in close proximity to one another • Boyd’s Dam and Hayanmi the initial focus of an exploration tunnel • Tunnel development targeting in C

  16. Slide 16: Hayanmi Prospect

    Hayanmi Prospect Targeting multiple high-grade Resources in close proximity to Boyd’s Dam • Key focus area of upcoming drilling • Most attractive target in 2017 – progress slowed due to access • Significant gold intercepts include: • 20m @ 21.4 g/t • 21m @ 37.7 g/t • 5m @ 82.0 g/t ASX:CYL 16

  17. Slide 17: Four Eagles Exploration Tunnel

    Four Eagles Exploration Tunnel Multiple Resources in close proximity Key target dates • Work Plan submission Q2 2022 • Targeting commencing earthworks Q3 2023 ASX:CYL 17

  18. Slide 18: Boyd's Dam

    Boyd’s Dam Maiden Resource pending • Recent discovery of new fault, 300m east of main Boyd’s Dam structure • Demonstrates potential for high grade mineralization to repeat itself parallel to, and below, known mineralisation • Encouraging development given close similarity to Bendigo style mineraliza

  19. Slide 19: Four Eagles Exploration Tunnel

    Four Eagles Exploration Tunnel ASX:CYL 19

  20. Slide 20: Current Focus

    Current Focus Lift production; lower unit costs Delineate multiple Resources in close proximity Progress Exploration Tunnel Inorganic and organic growth ASX:CYL 20

  21. Slide 21: Corporate Overview

    Corporate Overview ASX Code Board of Directors Share Price (16-Nov-22) $1.35 Stephen Boston Non-Executive Chairman Shares on Issue 98.5m James Champion de Crespigny Managing Director & CEO Market Capitalisation $133m Bruce Kay Technical Director Cash (30-Sep-22) $17m Robin Scrimgeour Non-Executive D

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