SLIDE 1
Catalyst Metals Ltd Catalyst Metals Ltd
Company Objectives Company Objectives
To create shareholder value by pursuing advanced gold and metals projects
Goal is to generate cashflows from operations within 2 years
Investor Investor Presentation Presentation May 2011 May 2011 - - PowerPoint PPT Presentation
Investor Investor Presentation Presentation May 2011 May 2011 - - PowerPoint PPT Presentation
Investor Investor Presentation Presentation May 2011 May 2011 Catalyst Metals Ltd Catalyst Metals Ltd Company Objectives Company Objectives To create shareholder value by pursuing advanced gold and metals projects Goal is to generate
SLIDE 2
SLIDE 3
Current Projects Current Projects
Four Eagles Gold Project (Victoria) Four Eagles Gold Project (Victoria)
Joint venture exploration for a potential new of Bendigo‐style goldfield below shallow cover
Minnie Springs Project (Western Australia) Minnie Springs Project (Western Australia)
Molybdenum and Tungsten mineralisation in the Gascoyne Mineral Field
Everton Project (Victoria) Everton Project (Victoria)
Historical high‐grade Molybdenum mine
SLIDE 4
Four Eagles Gold Project Four Eagles Gold Project
Located along major fault extension from Bendigo goldfield
Prospective rocks concealed by shallow cover
Broad spaced Providence drilling shows high‐grade gold in Bendigo sequence rocks
Tenements cover 25km strike length of prospective corridor
SLIDE 5
North Bendigo Tenements North Bendigo Tenements
230,000mE 250,000mE 270,000mE 290,000mE
Fosterville Goldfield Bendigo Goldfield
5,960,000mN 5,920,000mN 5,940,000mN 5,980,000mN
Fosterville Bendigo
EL4525 EL4525
Raywood Mitiamo Tandarra Project
W h i t e l a w F a u l t
T a n d a r r a F
Four Eagles Prospective Target
V I C T O R I A N S W
kilometres 20
NO R T H
EL5295
Echuca Rochester Lockington Sebastian
6,000,000mN
Catalyst Drummond / Unity JV Gold deposit/
- ccurrence
Town / city Main Road Castlemaine Navarre / Northgate Northgate Timpetra Exploration Licence Holding Companies
SLIDE 6
Bendigo: a world-class gold target Bendigo: a world-class gold target
BENDIGO URBAN AREA
H i s a t
- ric
l P r d
- u
c t i
- n
Zo n e
Hustlers Line
1.6mt @17.6g/t Au (918,000oz)
Garden Gully Line
4.6mt @14.1g/t Au (2,080,000oz)
New Chum Line
7.3mt @14.5g/t Au (3,390,000oz)
Deborah Line
0.46mt @14.7g/t Au (217,000oz)
Sheepshead Line
1.7mt @11.7g/t Au (634,000oz)
Nell Gwynne Line Napoleon Line
NO R T H
kilometres 2
Lines
- f Lode
Bendigo Goldfield
Total Production
(1851 - 1954)
- 18 million ounces
reef gold (14g/t Au)
- 4 million ounces
alluvial gold
- Minimum 200,000
- unces per year for
60 years
SLIDE 7
Quartz Reef Structural Schematic Quartz Reef Structural Schematic
Associated with anticlinal axis
Importance of slate beds
Difficult drilling targets
Bendigo Goldfield
Quartz Reef Structural Schematic
S y n c l i n e A n t i c l i n e
Modified Saddle Reef with Spurs in footwall West Dipping Fault Reef with associated Spurs in footwall False Saddle Saddle Reef Saddle Reef with Neck Reef Saddle Reef Leg Reef Stratabound Spurs associated with minor faults Spurs associated with Leg Reef Slate beds
SLIDE 8
Actual Cross Section Actual Cross Section
Bendigo Goldfield
(after Boucher et al)
Sheepshead Anticline
‘ B i g B l u e S h a l e ’ ‘Rowes Shale’ ‘ R
- w
e s S h a l e ’ ‘ B i g B l u e S h a l e ’ ‘Big Blue Shale’ ‘Railway Shale’
D e b
- r
a h S y n c l i n e D e b
- r
a h A n t i c l i n e
Neck Reef
Metres 100
Laminated quartz vein (LQV) Axial plane Limb Thrust Quartz / gold Slate beds
SLIDE 9
Bendigo Target Size Bendigo Target Size
Metres
1000
Sheepshead Anticline (South) Line of Lode
Bendigo
PRODUCTION
- Approx. 1.4 million tonnes
@ 12 g/t Au (550,000 ozs) NO R T H S O U T H
Mineralised ribbon Historic Stoping
LEGEND
123500mN 124500mN 125500mN 126500mN
- 1000RL
- 1500RL
- 500RL
SLIDE 10
Bendigo Target Size Bendigo Target Size
North Deborah Deborah Central Deborah Central Monument Hill
Kingsley Lode Deborah Fault “New Formation”
R e e f N
- .
1
Metres
600
Deborah Anticline Line of Lode
Bendigo
PRODUCTION
460,000tonnes @ 14.7g/t Au (216,000 ozs) NO R T H S O U T H
R e e f N
- .
5 R e e f N
- .
6 N
- .
7 N
- .
8
Data source: Mines Department unpublished plan by Chambers, 1947 & Deborah manager’s book.
Pitch of reef Stoped areas
LEGEND
SLIDE 11
Bendigo Target Size Bendigo Target Size Bendigo Target Size
Metres
500
New Chum Line of Reef
Bendigo
PRODUCTION
7.3 million tonnes @ 14.5 g/t Au
(3.4 million ozs)
NO R T H S O U T H
Shaft Historic Stoping
LEGEND
- 1000mRL
- 1000mRL
- 500mRL
- 500mRL
0mRL 0mRL
SLIDE 12
Four Eagles Gold Project Four Eagles Gold Project
EL4525 EL5295
Mitiamo
kilometres 4
NO R T H
5,985,000mN 5,995,000mN 5,990,000mN
Drillholes 0.2 to 0.5 g/t Au 0.5 to 1.0 g/t Au 1.0 to 5.0 g/t Au > 5.0 g/t Au Gold Zone Arsenic Zone Railway Main Road
250,000mE 240,000mE
Drillhole Intersections
3 8 7 12 13 6 1 10 4 5 9
- 1. FE380
3m @ 9.71g/t Au from 120m
- 2. FE379
3m @ 0.2g/t Au from 120m
- 3. FE331
3m @ 0.59g/t Au from 126m 6m @ 82.7g/t Au from 123m and 6m @ 1.85 g/t Au from 135m
- 6. FE299
3m @ 0.39g/t Au from 126m
- 7. FE320
3m @ 0.33g/t Au from 87m
- 8. FE319
3m @ 0.2g/t Au from 57m 6m @ 0.66g/t Au from 135m 3m @ 0.26g/t Au from 81m 3m @ 0.38g/t Au from 75m
- 12. FE326 13.5m @ 0.45g/t Au from 102m
- 13. FE343
3m @ 3.34g/t Au from 111m
- 14. FE316
3m @ 0.27g/t Au from 102m
- 4. FE297
6m @ 0.45g/t Au from 78m
- 5. FE328
- 9. FE333
- 10. FE339
- 11. FE305
14 2 11
Four Eagles Cross Section
SLIDE 13
Four Eagles Gold Project Four Eagles Gold Project
SLIDE 14
Four Eagles Gold Project Four Eagles Gold Project
No outcrop of prospective rocks No outcrop of prospective rocks
Catalyst drills first ever diamond Catalyst drills first ever diamond drillhole drillhole
- n the property in March 2011
- n the property in March 2011
Previously only aircore drilling Previously only aircore drilling
SLIDE 15
Four Eagles Drill Cross Section Four Eagles Drill Cross Section
FE300 FE299 3m @ 1.0g/t Au from 126m FE328 FE298 FE329 FE297 FE330 FE296 FE331 FE295 FE294 6m @ 82.7g/t Au, from 123m 6m @ 1.9g/t Au, from 135m 3m @ 0.51g/t Au, from 78m 3m @ 0.29g/t Au from 81m 3m @ 0.59g/t Au from 123m
Metres
250
Four Eagles Cross Section
5988925mN
Clay - Shepparton Fm Sand Carbonaceous Clay Saprolite Zone Basement Castlemaine Gp
244000mE 244250mE 244500mE 244750mE
- 250m
0m
SLIDE 16
Four Eagles Gold Project Four Eagles Gold Project
Drillhole FE328, 123m to 129m depth
5mm
SLIDE 17
Proposed Program 2011 Proposed Program 2011
Minimum expenditure $450,000 Further aircore drilling over entire strike length
Phase 1: March to April 2011 – 7,913 metres completed
Phase 2: September to October 2011
Angled diamond drilling of gold zones and structure
Phase 1: March to April 2011 – 867 metres completed
Four Eagles Gold Project Four Eagles Gold Project
SLIDE 18
Four Eagles Gold Project Four Eagles Gold Project
EL4525 EL5295
Mitiamo
kilometres 4
NO R T H
5,985,000mN 5,995,000mN 5,990,000mN
Drillholes 0.2 to 0.5 g/t Au 0.5 to 1.0 g/t Au 1.0 to 5.0 g/t Au > 5.0 g/t Au Gold Zone Arsenic Zone Railway Main Road
250,000mE 240,000mE
Phase 1 Aircore Drilling Phase 2 Aircore Drilling
Drillhole Intersections
3 8 7 12 13 6 1 10 4 5 9
- 1. FE380
3m @ 9.71g/t Au from 120m
- 2. FE379
3m @ 0.2g/t Au from 120m
- 3. FE331
3m @ 0.59g/t Au from 126m 6m @ 82.7g/t Au from 123m and 6m @ 1.85 g/t Au from 135m
- 6. FE299
3m @ 0.39g/t Au from 126m
- 7. FE320
3m @ 0.33g/t Au from 87m
- 8. FE319
3m @ 0.2g/t Au from 57m 6m @ 0.66g/t Au from 135m 3m @ 0.26g/t Au from 81m 3m @ 0.38g/t Au from 75m
- 12. FE326 13.5m @ 0.45g/t Au from 102m
- 13. FE343
3m @ 3.34g/t Au from 111m
- 14. FE316
3m @ 0.27g/t Au from 102m
- 4. FE297
6m @ 0.45g/t Au from 78m
- 5. FE328
- 9. FE333
- 10. FE339
- 11. FE305
14 2 11
Four Eagles Cross Section
SLIDE 19
Four Eagles Gold Project Four Eagles Gold Project
Bendigo Pyramid Road
kilometre 1
NO R T H B e n d i g
- P
y r a m i d R
- a
d
Whitelaw F a u l t
242,000mE 244,000mE 246,000mE 5,992,000mN 5,990,000mN 5,988,000mN
3 8 7 12 13 6 1 10 4 5 9 2 11 18 19 16 17 15
?
? ?
14 (3.85km north)
Drillhole Intersections
1. FE380 3m @ 9.71g/t Au from 120m 2. FE379 3m @ 0.2g/t Au from 120m 3. FE331 3m @ 0.59g/t Au from 126m 6m @ 82.7g/t Au from 123m and 6m @ 1.85 g/t Au from 135m 6. FE299 3m @ 0.39g/t Au from 126m 7. FE320 3m @ 0.33g/t Au from 87m 8. FE319 3m @ 0.2g/t Au from 57m 6m @ 0.66g/t Au from 135m 3m @ 0.26g/t Au from 81m 3m @ 0.38g/t Au from 75m
- 12. FE326
13.5m @ 0.45g/t Au from 102m
- 13. FE343
3m @ 3.34g/t Au from 111m
- 14. FE316
3m @ 0.27g/t Au from 102m
- 15. FEDD001
3.7m @ 4.7g/t Au from 170m inc. 0.8m @ 17.5g/t Au from 173m
- 16. FE415
6.0m @ 2.4g/t Au from 45m and 3.0m @ 14.7g/t Au from 57m
- 17. FE402
3.0m @ 0.9g/t Au from 90m
- 18. FE391
3.0m @ 0.45g/t Au from 66m
- 19. FE399
6.0m @ 1.0g/t Au from 66m 4. FE297 6m @ 0.45g/t Au from 78m 5. FE328 9. FE333
- 10. FE339
- 11. FE305
RECENT INTERSECTIONS
2011 Aircore program Drillholes 0.2 to 0.5 g/t Au 0.5 to 1.0 g/t Au 1.0 to 5.0 g/t Au > 5.0 g/t Au Drillhole grades Gold Zone Arsenic Zone Main Road
FOUR EAGLES
2011 Aircore Drilling
SLIDE 20
Four Eagles Drill Cross Section Four Eagles Drill Cross Section
FEDD001 356m FEDD002 511m FE300 FE299 3m @ 1.0g/t Au from 126m FE328 FE298 FE329 FE297 FE330 FE296 FE331 FE295 FE294 6m @ 82.7g/t Au from 123m; 6m @ 1.9g/t Au from 135m 3m @ 0.51g/t Au, from 78m 3m @ 0.29g/t Au from 81m 3m @ 0.59g/t Au from 123m 0.7m @ 4.83g/t Au 0.8m @ 17.5g/t Au 0.4m @ 2.08g/t Au from 170-176m
Metres
250
Four Eagles Cross Section
5988925mN
Clay - Shepparton Fm Sand Carbonaceous Clay Saprolite Zone Basement Castlemaine Gp
244000mE 244250mE 244500mE 244750mE
- 250m
0m
n
- a
s s a y s y e t a v a i l a b l e
SLIDE 21
Heads of Agreement Heads of Agreement
Phase 1
$450,000 exploration spend over 12 months $150,000 cash 750,000 CYL shares
Phase 2
$2,100,000 exploration spend (inclusive of Phase 1 exploration)
- ver 3 years to earn 50% interest in project
$100,000 cash 750,000 CYL shares
Phase 3
$2,100,000 exploration spend to earn up to 75% interest in project 2,500,000 CYL shares Board position for Tom Burrowes
Final Phase
Providence Gold free carried until decision to mine
Four Eagles Gold Project Four Eagles Gold Project
SLIDE 22
Minnie Springs Project, W.A. Minnie Springs Project, W.A.
E0901303 E0901776
E0901174 E0801174
Nina Tungsten Project Minnie Creek Molybdenum Project
kilometres 10 NO R T H 380,000mE 400,000mE 420,000mE 7,340,000mN 7,320,000mN
>0.5% 0.05 - 0.5% <0.05%
Tungsten in Rock (%W)
200 Metres
389,400mE 389,800mE 7,335,800mE 7,336,200mE
45 - 142 15 - 45 5- 15
Molydenum in Soil & drilling
7,320,000mN 7,318,000mN 395,000mE 393,000mE
62m @ 0.15% MoS2 23m @ 0.16% & 17m @ 0.1% MoS2 31m @ 0.18% MoS2 14m @ 0.10% MoS2 92m @ 0.04% MoS2 11m @ 0.1% MoS2
4 6 7 1 8 5
Gascoyne Mo-W Project
Catalyst Metals
SLIDE 23
Everton Project, Victoria Everton Project, Victoria
kilometres 10
EL4866
Wangaratta Everton Myrtleford Beechworth
Canberra Melbourne
Everton
VICTORIA
NO R T H
metres 100
Visible Molybdenum Rock sample points 5,000 to 18,400 1,000 to 5,000 500 to 1,000 0 to 500 Mine adit Historic workings Felsic Intrusive Sediments
Historic Molybdenum Production 1917–1944 21,000 tonnes @ 1.4% MoS2
quarry limit quarry limit
4 6 2 , 2 m E 4 6 2 , 1 m E 4 6 2 , 3 m E 9 , 5 7 , m N 5 , 9 6 9 , 8 m N 5 , 9 6 9 , 7 m N 5 , 9 6 9 , 6 m N
SLIDE 24
Catalyst Capital Structure Catalyst Capital Structure
Capital Structure (ASX:CYL) Capital Structure (ASX:CYL)
39,088,226 fully paid ordinary shares –
1,000,000 unlisted 20 cent options expiring 30/06/2014
–
1,000,000 unlisted 30 cent options expiring 30/06/2015
Top 40 control approximately 81% of issued capital
Cash in hand Cash in hand
A$2.6 million (at 31 March 2011)
Market Market Capitalisation Capitalisation
A$9.2 million (at 23.5 cents per share)
SLIDE 25
Stephen Boston – Non‐executive Chairman
The principal of a Perth‐based private investment group specialising in the Australian resources sector. Previously worked as a Stockbroker from 1984 to 1998 in Perth and Sydney.
Bruce Kay– Non‐executive Director
Bruce was previously responsible for global exploration for Newmont Mining Corporation and Normandy Mining Limited. Prior to this he held senior positions within Western mining Corporation. Bruce has been a director and chairman of several other Australian listed companies and has over 30 years’ experience in international gold, base metals, and nickel exploration.
Robin Scrimgeour – Non‐executive Director
The principal of a Singaporean‐based Private Investment Company. Previously worked for an International Bank providing structured hybrid financing for Asian based Clients.
Gary Schwab – Non‐executive Director
Over 40 years business experience, including 20 years in the resources sector. Previously Executive Director of a privately owned bulk commodities group responsible for managing long term wealth creation strategy (in conjunction with the principal and owner) which culminated in the creation of one
- f Australia’s
wealthiest unlisted private bulk commodities companies.
Corporate Structure - Directors Corporate Structure - Directors
SLIDE 26
Advisors Advisors
John Arbuckle – Corporate Advisor
John is an accountant with extensive experience in the resources industry in Australia and overseas. Currently he operates a corporate advisory business that provides corporate and capital financing advice to resource industry companies. Previously he was the Chief Financial Officer of Mount Gibson Iron Limited and Perilya Limited, where he guided both companies through difficult operational start up phases. Prior to this he held senior financial management roles with Rio Tinto Limited, North Limited and Anaconda Nickel Limited.
Competent Person’s Statement
The information in this report that relates to Exploration Results is based on information compiled by Mr Bruce Kay, who is a Fellow of the Australasian Institute of Mining and Metallurgy and is a consultant to Catalyst Resources
- Limited. Mr Kay has sufficient experience that is relevant to the style of
mineralisation, type of deposit under consideration and to the activity that he is undertaking to qualify as a Competent Person as defined in the 2004 edition
- f the ‘Australasian Code for Reporting of Exploration, Results, Mineral
Resource and Ore Reserves’. Mr Kay consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.
Corporate Structure Corporate Structure
SLIDE 27
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 complete. Recipients should conduct their own investigations and perform their
- wn analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and
- pinions contained in this presentation.
This presentation is for information purposes only. Neither this presentation nor the information in it constitutes an
- ffer, invitation, solicitation or recommendation in relation to
the purchase or sale of shares in any jurisdiction.
This presentation may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdictions. Recipients should inform themselves of the restrictions that apply in their own
- jurisdiction. A failure to do so may result in a violation of securities laws in such a jurisdiction.
This presentation does not constitute investment advice and has been prepared without taking into account the recipient’s investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments.
To the fullest extent permitted by law, Catalyst and its officers, employees, agents and advisers do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this presentation arising out of negligence or otherwise is accepted.
This presentation may include forward looking statements. Forward looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside the control of Catalyst. Actual values, results or events may be materially different to those expressed or implied in this presentation. Given these uncertainties, recipients are cautioned not to place reliance on forward looking statements. Any forward looking statements in this presentation speak only at the date of issue of this presentation. Subject to any continuing obligations under any applicable law and the ASX Listing Rules, Catalyst does not undertake any obligation to update or revise any information or any of the forward looking statements in this presentation of any changes in events, conditions or circumstances on which any such forward looking statement is based.