Catalyst Metals Limited · ASX:CYL
Catalyst Metals — Investor Presentation (July 2023)
22 slides from Catalyst Metals's investor presentation, Jul 19, 2023
Slide 1: Building a Mid-tier Australian Mining House
Building a Mid-tier Australian Mining House CORPORATE PRESENTATION • JULY 2023 ASX:CYL catalystmetals.com.au
Slide 2: Important Notices
Important Notices IMPORTANT NOTICE AND DISCLAIMER This investor presentation (the Presentation) is dated 19 July 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 respectiv
Slide 3: Disclaimers
Disclaimers SCIENTIFIC AND TECHNICAL INFORMATION General Unless otherwise indicated, all scientific and technical information relating to (i) the Bendigo Project is based on and derived from the technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Min
Slide 4: 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 5: Corporate Overview
Corporate Overview Capital Structure Board of Directors Share Price (18 July 2023) $0.76 Robin Scrimgeour Shares on Issue 219.1m Interim Non-Executive Chairman Market Capitalisation $148.0m James Champion de Crespigny Managing Director & CEO Cash (31-Mar-23) $39.8m Bruce Kay Non-Executive Director D
Slide 6: Catalyst Portfolio
Catalyst Portfolio Three complementary high grade gold projects with belt scale PLUTONIC HENTY BENDIGO (Western Australia) (Tasmania) (Victoria) • Plutonic Gold Mine & Hermes (CYL 100%) Project Henty Gold Mine (CYL 100%) Key Projects • • Marymia Project (CYL 100%) • Four Eagles (Flagship – CYL 50%),
Slide 7: Targeted M&A – Consolidation of Plutonic Belt complete
Targeted M&A – Consolidation of Plutonic Belt complete Belt consolidation unlocking considerable growth prospects • In January 2023, acquired Vango Mining (an exploration company) • In June 2023, acquired Superior Gold (owner of Plutonic Mine) Vango Mining Marymia Project CY22 62koz1 production Cata
Slide 8: Plutonic Gold Belt: 14 Moz, 3Mtpa, $500M
Plutonic Gold Belt 14 Moz 1,2 Endowment Comprising of 7Moz1 historical production and 6.9Moz2 combined resource 3Mtpa Processing Capacity $500M Estimated Infrastructure Replacement Value3 Hub & Spoke Better leverage infrastructure, lower risk The Mineral Resource and Mineral Reserve estimates relati
Slide 9: Trident Scoping Study Results
Trident Scoping Study Results Low risk brownfields expansion Financial outputs (at A$2,700 gold price)1 Increases Catalyst annual gold production from ~100koz to 150koz NPV (5%) $Am 245 IRR % 132% Payback from first ore (yrs) Yrs 1 Brownfield expansion Undiscounted free cashflow2 $Am 294 AISC $A/oz
Slide 10: Trident Development Plan
Trident Development Plan LOM plan = only 50% of total Resource (230koz); significant opportunity to increase mining inventory at low incremental cost (1) Resource conversion cost based on Catalyst internal estimate of drilling intensity and drilling costs required to convert inferred to indicated (2
Slide 11: Plutonic Mine
Plutonic Mine Focus on the underground mine Took control on 01 July Historical Superior Gold guidance Airport 70koz/pa1 @ AISC $2,493/oz1 Haul Road to Trident INVESTOR PRESENTATION (1) Mid point for Superior Gold guidance CY23 issued utilising USD:AUD exchange ratio 0.68 11
Slide 12: Plutonic Gold Belt Pipeline Pathway to +200koz/pa
Plutonic Gold Belt Pipeline Pathway to +200koz/pa Numerous underdeveloped resources driving +200koz/pa production Baseload production Plutonic UG Mine Trident Near term growth K2 Salmon K1 Pigeon Prickleys Exocet Main Pit Pushback Long term growth (Resources) Perch Seahawk Cinnamon Barramundi Kookab
Slide 13: Pathway to +200koz/pa Enabled by Milling Capacity
Pathway to +200koz/pa Enabled by Milling Capacity Mill Mill feed Resource size Production p.a Plutonic Mill 1 Plutonic Underground Resource4,5: 29.98Mt @ 4.9g/t for 4.7Moz Plutonic provides baseload ore source 70koz3 Producing Virgin mining areas have potential to increase grade profile 1.8mtpa Rese
Slide 14: Near Mine Exploration and Potential Development – K2
Near Mine Exploration and Potential Development – K2 High grade undeveloped project (107koz at 8.9g/t) • Historically mined open pit and underground • Attractive intersections at depth and along strike from existing pit • Remains open, with significant undrilled potential • Well maintained haul road
Slide 15: Regional Exploration – Materially underexplored below 100m
Regional Exploration – Materially underexplored below 100m Trident only visible under 100m Key exploration corridors 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 prod
Slide 16: Consolidation creates next Australian mid-cap gold miner
Consolidation creates next Australian mid-cap gold miner All ingredients to deliver +200koz/pa Catalyst targeting +200koz/pa All infrastructure in place 200 Peer Group1: Mid-Cap Large existing resource and reserve Gold Companies base 150 Avg MCap Healthy growth pipeline including 100 $1.2bn numerous
Slide 17: Contacts
Contacts James Champion de Crespigny MANAGING DIRECTOR, CATALYST METALS E: jdecrespigny@catalystmetals.com T: +61 8 6107 5878 Amalie Schreurs / Andrew Rowell Strategic Communications, White Noise Communications E: amalie@whitenoisecomms.com andrew@whitenoisecomms.com T: Amalie +61 431 636 033 Andrew
Slide 18: Appendix
Appendix INVESTOR PRESENTATION
Slide 19: Appendix A: Boyd’s Dam Prospect
Appendix A: Boyd’s Dam Prospect Immediately along strike from 22Moz Bendigo Goldfields JORC resource1 Iris Zone 70koz @ 26g/t Boyd’s Dam 93koz @ 5g/t 80m (1) JORC Resource Announcement 15 June 2023 “Maiden Mineral Resource at Four Eagles project” INVESTOR PRESENTATION 19
Slide 20: Appendix A: Bendigo – Four Eagles Gold Project – significant exploration results
Appendix A: Bendigo – Four Eagles Gold Project – significant exploration results Multiple recurring high-grade zones in close proximity • Scale of discovery can fit Bendigo-sized goldfield • Multiple high-grade zones within close proximity to exploration tunnel; changes project economics • Maiden Re
Slide 21: Appendix B: Detailed Peer Data of Mid-Tier Mining Companies
Appendix B: Detailed Peer Data of Mid-Tier Mining Companies Development Market Cap Production AISC Ticker Company Source Stage (A$m) 1 (koz)2 (A$/oz)2 SLR Silver Lake Resources Producer 1,092 260 2,014 Fourth Quarter and FY23 Sales Report 04 July 2023 Investor Presentation 2 May 2023 RMS Ramelius Re
Slide 22: Appendix C: Production Target Material Assumptions
Appendix C: 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