Catalyst Metals Limited · ASX:CYL
Catalyst Metals — Investor Presentation (November 2020)
26 slides from Catalyst Metals's investor presentation, November 2020
Slide 1: Investor Presentation
Investor Presentation Bruce Kay Technical Director November 2020
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 or
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
Slide 4: Corporate Snapshot
Corporate Snapshot Share Price Performance (LTM) Capital Structure Share Price Volume $3.5 0.25m Undiluted $3.0 Last Close (30 Oct 2020) $2.45 0.20m $2.5 Shares Outstanding 82.4m $2.0 0.15m Market Capitalisation $201.9m $1.5 Net Cash (30 Sep 2020) $16.3m 0.10m $1.0 Debt NIL 0.05m $0.5 Enterprise Val
Slide 5: 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$150/oz2 • Whitelaw Fault controls gold mineralisation • DPI Gold Undercover Report 2 (2007) estimates 32 moz Au under Murray Basin sediments 1. Based
Slide 6: Bendigo: A World Class Gold Field
Bendigo: A World Class Gold Field • Bendigo is Australia’s 2nd largest goldfield • Largest gold producer in the world from 1850 to 1890 • 22 million ounces at 15g/t Au historical production • Every vertical 100 metres contained 3 to 5 moz of gold • Larger footprint than the Kalgoorlie Super Pit Slid
Slide 7: Catalyst: Control of Major Faults
Catalyst: Control of Major Faults • Catalyst control of key faults commenced in 2010 • Focused on Boyd’s Dam / Four Eagles project • Virtually untested beneath Murray Basin Sediment cover • Additional upside associated with Tandarra and Drummartin JVs 1 “ Targeting the next high grade 31Moz Gold Fos
Slide 8: Catalyst: Attractive First Mover
Catalyst: Attractive First Mover Key Province Players Area in % of Total Market Company Province1 Area Cap (A$)2 5,000km2 46% $836m 2,700km2 25% $202m 1,100km2 10% $18b 1* 700km2 7% $122m 2* 2 500km 5% $83m 4* 2 400km 4% $72b 3* 300km2 3% $156m Total 10,700km2 100% $91b 1,600km2 Catalyst & Hancock h
Slide 9: 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
Slide 10: Four Eagles Gold Project
Four Eagles Gold Project • Catalyst operator and owns 50% • Contains Boyd’s Dam, Boyd North, Hayanmi, Pickles and Cunneens discoveries • Stacked high grade mineralisation analogous to Bendigo and Fosterville • 60% fine gold, lower nugget effect compared to Bendigo • Active year long drill plan set t
Slide 11: 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
Slide 12: Boyd's Dam: Long Projection
Boyd’s Dam: Long Projection Slide 12
Slide 13: Boyd's Dam: Boyd North Trend
Boyd’s Dam: Boyd North Trend Slide 13
Slide 14: Boyd's Dam: Cross Section
Boyd’s Dam: Cross Section • Evidence of stacked zones of gold mineralisation • First diamond drillholes below 100 metres depth • Similar stacking to Bendigo and Fosterville Slide 14
Slide 15: 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
Slide 16: Boyd's Dam: Bendigo Analog
Boyd’s Dam: Bendigo Analog • Boyd’s Dam displays analogous stacked mineralization with similar scale potential to New Chum line • Boyd’s Dam virtually untested prior to Catalyst due to Murray Basin cover Slide 16
Slide 17: 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 17
Slide 18: Fine Gold & Positive Metallurgy
Fine Gold & Positive Metallurgy • 60% fine gold, lower nugget effect compared to Bendigo • Good correlation Correlation Graph: 25g vs 2kg between small and large sample assays • High metallurgical recovery likely with gravity and cyanide Slide 18
Slide 19: Four Eagles Gravity Survey: Lifting the Cover
Four Eagles Gravity Survey: Lifting the Cover • First vertical derivative shows known gold channels • Gold discovered on Targets 3 and 4 (yellow lines) • Cunneens Prospect >1.6 kms long Slide 19
Slide 20: 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 20
Slide 21: 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 @
Slide 22: 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 22
Slide 23: Tandarra: Tomorrow Zone Drilling
Tandarra: Tomorrow Zone Drilling Slide 23
Slide 24: Summary
Summary Control of the Whitelaw Gold Corridor High quality team and world-class exploration techniques Leading JV partners and shareholders (Hancock & St Barbara) Major drill program commencing targeting high grade gold discoveries Victorian tender block award upside Maiden Resource targ
Slide 25: Competent Person's 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 of the Company and has suff
Slide 26: catalyst
tN catalyst METALS LTD
Catalyst Metals — Investor Presentation (November 2020) on 6ix