Catalyst Metals Limited · ASX:CYL
Catalyst Metals — Investor Presentation (September 2023)
26 slides from Catalyst Metals's investor presentation, Sep 11, 2023
Slide 1: Consolidating & Developing the Plutonic Gold Belt
Consolidating & Developing the Plutonic Gold Belt CORPORATE PRESENTATION • SEPTEMBER 2023 ASX:CYL catalystmetals.com.au
Slide 2: Important Notices
Important Notices IMPORTANT NOTICE AND DISCLAIMER This investor presentation (the Presentation) is dated 11 September 2023. It has been prepared by Catalyst Metals Limited (ASX: CYL) (Catalyst or the Company). SUMMARY INFORMATION This Presentation contains summary information about Catalyst its resp
Slide 3: Compliance Statements
Compliance Statements JORC CODE It is a requirement of the ASX Listing Rules that the reporting of ore reserves and mineral resources in Australia comply with the Joint Ore Reserves Committee’s Australasian Code for Reporting of Mineral Resources and Ore Reserves (JORC Code). Investors outside Austr
Slide 4: Catalyst Portfolio
Catalyst Portfolio PLUTONIC BENDIGO HENTY (Western Australia) (Victoria) (Tasmania) Production ~70koz pa1 Production ~30koz pa1 AISC $2,4931 Resource4: 163koz @ 7.7g/t AISC $2,5761 Production Reserves2: 630koz ; Incl. 70koz @ 26.2g/t Reserves2: 109koz; ~100koz pa1 Resource2: 6.9Moz Resource2: 368koz
Slide 5: Corporate Overview
Corporate Overview Capital Structure Board of Directors Share Price (11 September 2023) $0.53 Robin Scrimgeour Interim Non-Executive Chairman Shares on Issue 219.1m James Champion de Crespigny Market Capitalisation $115.0m Managing Director & CEO Cash (30-June-23) $31.8m Bruce Kay Non-Executive Dire
Slide 6: Vision: +200koz annual gold producer by developing Plutonic Gold Belt
Vision: +200koz annual gold producer by developing Plutonic Gold Belt Consolidation of Plutonic Belt in 2023 lays foundation for +200koz producer Foundations in place to achieve this: • Historically high-quality deposits (Timor ~2Moz at ~6g/t1; Main Pit 2.5Moz) • Historically strong performance (fir
Slide 7: Plutonic Belt underpins Australian mid-tier mining house vision
Plutonic Belt underpins Australian mid-tier mining house vision All ingredients to deliver +200koz/pa All infrastructure in place Catalyst targeting +200koz/pa Large existing resource and reserve 200 base Peer Group1: Mid-Cap Gold Companies Healthy growth pipeline including 150 Avg MCap numerous hig
Slide 8: Catalyst completed consolidating the Plutonic Gold Belt in July 2023
Catalyst completed consolidating the Plutonic Gold Belt in July 2023 after acquiring both Vango Mining (ASX:VAN) and Superior Gold (TSX-V:SGI) Plutonic Gold Belt 14 Moz1,2 Endowment Comprising 7Moz1 historical production & 7Moz2 Resource 3Mtpa Processing Capacity $500M Estimated Infrastructure Repla
Slide 9: Plutonic Gold Belt – Historically good performer
Plutonic Gold Belt – Historically good performer Average production +200koz pa over first 17 years Historically high quality deposits: Plutonic Main Pit produced 2.5Moz1; Timor UG zone endowment ~2Moz @ ~6g/t1 Marymia Ownership Resolute Mining / Production Plutonic Ownership (koz) Plutonic Resources
Slide 10: Pathway to +200koz/pa Enabled by Milling Capacity
Pathway to +200koz/pa Enabled by Milling Capacity Mill Mill feed Resource size Production p.a Resource2,3: 29.98Mt @ 4.9g/t for 4.7Moz Plutonic Underground Plutonic provides baseload ore source 70koz7 Plutonic Mill1 Producing Reserve2,3: 5.15Mt @ 3.7g/t for 608koz Virgin mining areas have potential
Slide 11: Plutonic Underground Mine
Plutonic Underground Mine Improving Performance and Lifting Capability New Plutonic Management Team Improving integrated Plutonic plan Improving resource understanding Historical Superior Gold guidance 70koz/pa1 @ AISC $2,493/oz1 (1) Midpoint of 2023 production forecasts (source: “Superior Gold Repo
Slide 12: Plutonic Underground Mine Endowment
Plutonic Underground Mine Endowment1 UG Zones Exceptionally high quality endowment West Portal Pacific Cortez Endowment Endowment Caribbean ~310koz at ~3g/t +500koz at ~5.5g/t Endowment ~450koz at ~4g/t A134 Main Pit Timor Endowment Caspian ~1.15Moz at ~5.5g/t Indian Endowment Endowment ~2Moz at ~6g
Slide 13: Plutonic Exploration – Baltic Extension
Plutonic Exploration – Baltic Extension Priority Exploration zones Potential to replicate Baltic Zone with underground drill program UG Zones West Portal Pacific Cortez Caribbean A134 Main Pit Timor Caspian Indian Plan View Baltic Baltic Extension Endowment +1.1Moz at ~5g/t Baltic Extension Baltic 1
Slide 14: Plutonic Near Mine Exploration – Baltic Extension
Plutonic Near Mine Exploration – Baltic Extension Plan View Targeted mineralised zone; ~400m down dip, ~300m across dip and ~50m wide ~10,000m of drilling planned Mineralisation a geological extension of Baltic (endowment ~1.1Moz at ~5g/t) Previous encouraging drill results2 (1) Resources reported i
Slide 15: Development Priority 1: Trident
Development Priority 1: Trident Trident Scoping Study released July 2023 Low risk Brownfield expansion Financial outputs (at A$2,700 gold price)1 NPV (5%) $Am 245 Utilises existing infrastructure IRR % 132% Payback from first ore (yrs) Yrs 1 Undiscounted free cashflow2 A$m 294 Low capital intensity
Slide 16: Trident – significant new intersections
Trident – significant new intersections1 (1) See CYL announcement 5 September 2023 “Numerous High-Grade gold intercepts from Trident drilling program” 16
Slide 17: Trident Infill Drilling
Trident Infill Drilling1 Infilling drilling confirming continuity in Trident Mineral Resource Objective of improving drill density High grade intercepts confirming continuity of high-grade mineralisation Results informing update to Trident Mineral Resource as part of the ongoing Trident DFS Drillhol
Slide 18: Trident Infill Drilling
Trident Infill Drilling1 Infilling drilling confirming continuity in Trident Mineral Resource Down dip extensions New drill holes tighten drilling spacing in existing resource INVESTOR PRESENTATION (1) See Catalyst announcement 5 September 2023 “High-Grade gold intercepts from Trident drilling progr
Slide 19: Near Mine Exploration and Development – K2
Near Mine Exploration and Development – K21 High grade undeveloped project Resource2: 374kt @ 8.9g/t for 107koz Au Historically mined open pit with significant undrilled potential Well maintained haul road from K2 to Plutonic (1) Catalyst share is 95.9% equity interest in K2, the 4.1% non-owned shar
Slide 20: Plutonic Gold Belt Pipeline Pathway to +200koz/pa
Plutonic Gold Belt Pipeline Pathway to +200koz/pa Numerous underdeveloped resources driving +200koz/pa production Baseload Ore Feed Plutonic UG Mine Trident Near term growth K2 Salmon Baltic Extension K1 Pigeon Prickleys Exocet Main Pit Pushback Long term growth (Resources) Perch Seahawk Cinnamon Ba
Slide 21: Regional Exploration – Materially underexplored below 100m
Regional Exploration – Materially underexplored below 100m Trident only visible under 100m Plutonic visible under 100m • Minimal drilling > 100m • Deposits on gold belt only appear >100m • 7Moz past production1, 6.9Moz Resources2 • Hosts attractive deposits (Timor Zone production ~2Moz at ~6g/t Au2,
Slide 22: Greenfield Project Generative Work
Greenfield Project Generative Work Ionic Geochem Sampling Program Purpose is to identify new, and extent of existing, targets Trident, Timor deposits can present as subtle surface anomalies – modern Geochem techniques more effective Historical Geochem work incomplete Program cost ~$250k INVESTOR PRE
Slide 23: Contacts
Contacts James Champion de Crespigny MANAGING DIRECTOR & CEO, CATALYST METALS E: admin@catalystmetals.com.au T: +61 8 6107 5878 Andrew Rowell Strategic Communications, White Noise Communications E: andrew@whitenoisecomms.com T: +61 400 466 226
Slide 24: Appendix
Appendix INVESTOR PRESENTATION
Slide 25: Appendix A: Detailed Peer Data of Mid-Tier Mining Companies
Appendix A: Detailed Peer Data of Mid-Tier Mining Companies Development Market Cap Production AISC Ticker Company Source Stage (A$m) 1 (koz)2 (A$/oz)2 SLR Silver Lake Resources Producer 921 260 2,014 Fourth Quarter and FY23 Sales Report 04 July 2023 Investor Presentation 2 May 2023 RMS Ramelius Reso
Slide 26: Appendix B: Production Target Material Assumptions
Appendix B: Production Target Material Assumptions Pursuant to Listing Rule 5.16, Catalyst provides the following information in respect of the material assumptions on which the “150koz pa” production target is based. Composition of production target For the purposes of Listing Rule 5.16.3, the Mine
Catalyst Metals — Investor Presentation (September 2023) on 6ix