Catalyst Metals Limited · ASX:CYL
Catalyst Metals — Investor Presentation (February 2025)
29 slides from Catalyst Metals's investor presentation, Feb 3, 2025
Slide 1: Plutonic Belt Exploration
Plutonic Belt Exploration Dormant for 20 years Catalyst Metals Limited February 2025 ASX:CYL catalystmetals.com.au
Slide 2: Catalyst’s Asset Portfolio
Catalyst’s Asset Portfolio CATALYST METALS LIMITED Two operating gold mines, controlling three Australian gold belts, funding an attractive organic growth pipeline Group Production 110koz pa1 (Unhedged, selling at spot) Plutonic Gold Belt Cash and Bullion OPERATING EXPLORATION A$84m1 Focus: Focus: D
Slide 3: A selection of the priority targets
A selection of the priority targets CATALYST METALS LIMITED 10 rigs on site, drilling 320,000 metres, for $40m over the next 12 months • Presentation is about exploration on the Plutonic Belt – ten targets outlined Near-mine targets 1 Plutonic – Baltic Deeps • The belt has a very large mineral endow
Slide 4: Stable operations self-funding exploration
Stable operations self-funding exploration CATALYST METALS LIMITED Operating cashflows allow the funding of exploration without diluting shareholders Funding 320,000m of exploration Drill rig count 10 8 6 No exploration rigs 2 2 2 2 Consistent cash generation Cash and bullion1 $84m Catalyst cleaning
Slide 5: Fractured foreign ownership suffocated historical exploration
Fractured foreign ownership suffocated historical exploration CATALYST METALS LIMITED Large, well understood gold system that hasn’t had meaningful exploration for 20 years Marymia Titan/Resolute/ Resolute owner Battle Mountain Plutonic Great Central Plutonic owner Mines Operations Ltd Resolute Barr
Slide 6: Plutonic: 7Moz orebody, no exploration since 2000’s
Plutonic: 7Moz1 orebody, no exploration since 2000’s CATALYST METALS LIMITED No meaningful exploration outside Plutonic’s current footprint for 20 years Plutonic underground diamond drill metres ASX:CYL No exploration since 2000’s Today’s footprint largely identified 20 year’s ago 6 6 (1) Calculated
Slide 7: Near-mine exploration
Near-mine exploration
Slide 8: Baltic Extension to Baltic Deeps
1 Baltic Extension to Baltic Deeps Baltic past production CATALYST METALS LIMITED 350koz at 13.1g/t Au1 Two drill rigs arriving in February; 29,000 metre program over three months; development in place - 400 800 1,200 Drill platform for Baltic Extension Drill Metres Baltic Upper (23koz2) Virgin ore
Slide 9: Plutonic proximal zones
2 Plutonic proximal zones CATALYST METALS LIMITED Zone B – one of six proximal growth targets. Currently one rig, moving to two in near future Zone B exploration target 73,000oz1 Stage 1 drill target ASX:CYL • First drill campaign completed Area of focus • Encouraging results • Virgin areas – near t
Slide 10: Timor offset
3 Timor offset CATALYST METALS LIMITED Timor fault target Timor offset target Timor 1.5Moz at 7.3 g/t1 Timor orebody structurally disrupted on northern extent. Area of focus ASX:CYL Very limited drilling beyond Timor boundary 10 3 10 (1) Endowment based on past production sourced from Plutonic inter
Slide 11: Trident
• Infill drilling to convert 251koz inferred and extend 4 Trident mine life CATALYST METALS LIMITED Historic Pit • Untested along strike and at depth 5m @ 12.5g/t • Step out drilling planned to test down-dip extensions 3m @ 23.2g/t 11m @ 6.2g/t Planned Pit ASX:CYL Orebody length Resource 524koz at 3
Slide 12: Trident Planned Trident
4 Trident Planned Trident CATALYST METALS LIMITED Current resource development drilling with open pit grade control drilling underway Open Pit • Most deposits on the belt hosted in mine mafic • Trident hosted in ultramafic • Second largest deposit on the belt • Presents a previously untested explora
Slide 13: Situated 40km from Plutonic along a well-maintained haul road
5 K2 CATALYST METALS LIMITED Situated 40km from Plutonic along a well-maintained haul road Existing underground Plutonic Mill Historic open pit production1 Existing portal 40km along existing development haul road 966kt at 4.0g/t for 116koz ASX:CYL • Second mine to be developed on the belt • High gr
Slide 14: Regional exploration
Avgitatyst Regional exploration
Slide 15: Triple P
6 Triple P CATALYST METALS LIMITED Historically shallow drilling within close proximity to existing pits, step out drilling to test extensions Historic open pit production1 183kt at 2.7g/t for 17koz Insufficient depth to historic drilling to identify alternative trend ASX:CYL 15 50m Window 6 15 (1)
Slide 16: Hermes
7 Hermes CATALYST METALS LIMITED Initial step out drilling by Catalyst confirmed extensions, further drilling to test depth extensions Klinger Hawkeye Trapper Historic open pit production1 Historic open pit production1 Historic open pit production1 114kt at 1.6g/t for 6koz 434kt at 1.4g/t for 20koz
Slide 17: Hermes
7 Hermes CATALYST METALS LIMITED Successful results from initial step out drilling • 28 hole program in November 20241 targeting down dip extensions of known Resource ASX:CYL • 2025 follow up program to test down plunge extensions 17 17 7 (1) CYL announcement 12 December 2024 “Results from Hermes Dr
Slide 18: Parrot and Rosella
Historic open pit production1 8 Parrot and Rosella 159kt at 2.0g/t for 10koz CATALYST METALS LIMITED Planned Drillholes 50m Window Rosella Cross Section Historic open pit production1 406kt at 2.3g/t for 30koz Planned Drillholes ASX:CYL 18 50m Window 8 18 Parrot Cross Section (1) Sourced from interna
Slide 19: Tomahawk
A’ 9 Tomahawk CATALYST METALS LIMITED Thick widths, untested at depth and along strike ASX:CYL 50m Window 19 9 19
Slide 20: Cinnamon
10 10 Cinnamon CATALYST METALS LIMITED Drill program testing structural controls of mineralisation Resource 119koz at 1.8g/t1 ASX:CYL 20 50m Window 20 (1) CYL announcement 11 October 2024 “Annual Mineral Resource and Ore Reserve Update”
Slide 21: Regional exploration – grassroots
Regional exploration – grassroots
Slide 22: Overthrust corridor
Overthrust corridor CATALYST METALS LIMITED Currently testing the overthrust corridor for mineralisation beneath the granite Historical drilling did not test beneath the granite 2 1 Historical drilling targeted shallow open pits 5 4 3 ASX:CYL Overthrust Corridor Target style Outcropping Surface unit
Slide 23: Project pipeline
Project pipeline CATALYST METALS LIMITED Numerous opportunities supporting long term growth Target Resource Project Exploration Production identification definition development Callop Fifi Catfish Overthrust Corridor Barramundi Big Fish Wedgetail Bream Speckled Salmon 10 Cinnamon Timor Offset 2 Plut
Slide 24: Corporate Overview
Corporate Overview CATALYST METALS LIMITED Capital Structure Board of Directors Share Price (31 January 2025) $3.51 David Jones AM Robin Scrimgeour Non-Executive Chairman Non-Executive Director Shares on Issue 226m Market Capitalisation A$793m James Champion de Crespigny Bruce Kay Managing Director
Slide 25: Group Reserves and Resources
Group Reserves and Resources APPENDICES Reserves Proven Probable Total Ore Reserve Tonnes (kt) Grade (g/t Au) Ounces (koz) Tonnes (kt) Grade (g/t Au) Ounces (koz) Tonnes (kt) Grade (g/t Au) Ounces (koz) Plutonic Underground5 - - - 7,448 2.6 616 7,448 2.6 616 Plutonic East Underground5 - - - 456 2.5
Slide 26: Exploration targets
Exploration targets EXPLORATION TARGETS Methodology Exploration targets for Plutonic Main were generated as follows: • Each exploration area used an adjacent portion (with similar scale extents) of the 2023 Plutonic MRE as a proxy for total mineralization endowment. • As Plutonic is a stacked lode s
Slide 27: Disclaimers
Disclaimers FUTURE PERFORMANCE AND FORWARD-LOOKING STATEMENTS Some statements in this Presentation regarding estimates or future events are forward-looking statements. They include indications of, and guidance on, future matters. Forward-looking statements include, but are not limited to, statements
Slide 28: Important Notices
Important Notices IMPORTANT NOTICE AND DISCLAIMER This investor presentation (the Presentation) is dated 3 February 2025. It has been prepared by Catalyst Metals Limited (ASX: CYL) (Catalyst or the Company). SUMMARY INFORMATION This Presentation contains summary information about Catalyst its respec
Slide 29: Contact
Contact Craig Dingley Catalyst Metals E: investors@catalystmetals.com.au T: +61 8 6107 5878
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