Investor Presentation September 2012 Bruce Kay Non-Executive - - PowerPoint PPT Presentation
Investor Presentation September 2012 Bruce Kay Non-Executive - - PowerPoint PPT Presentation
Investor Presentation September 2012 Bruce Kay Non-Executive Director Steve Boston Non-Executive Chairman Co Comp mpan any y Ob Objecti tive ves Become a cash producing, dividend paying gold producer by 2015 Considerably
Slide 2
Co Comp mpan any y Ob Objecti tive ves
Become a cash producing, dividend paying
gold producer by 2015
Considerably enhance value by successful
exploration
Early cash flow is the priority
Slide 3
Cu Curr rrent t Pro rojects ts
Four Eagles Gold Project Minnie Springs
Molybdenum Tungsten Project
Everton
Molybdenum Project
Slide 4
Mak akin ing g Thin ings gs Ha Happen
24,000 metres aircore, RC, diamond
drilling in 18 months
Three high grade prospects defined Large gold footprint / 5 Lines of Lode Option on Unity Gold Plant at Bendigo
20 30 40 50 60
Cents Jul 11 Apr 11 Oct 11 Jan 12 Apr 12 Jul 12 Low 22 cents High 56 cents
Catalyst Share Price
Slide 5
Be Bendig igo/Ba Ball llar arat at Gol
- ld Zon
- nes
DPI predicts 32 Mozs 60 Mozs Production
W h i t e l a w F a u l t Avoca Fault B a m b r a F a u l t Mount William F a u l t Governor Fault System
- N. S. W.
V I C T O R I A Four Eagles Gold Project
Bendigo
NORTH
kilometres 100
Bendigo - Ballarat
Gold Zone
Total Gold Production
38º 36º 143º 145º
Ballarat
Stawell MELBOURNE
Concealed by Murray Basin Sediments
> 10 million ounces > 1 million ounces > 300,000 ounces
60 million ounces produced 2 Deposits > 10 million ounces 5 deposits > 1 million ounces
DPI p predicts ts 32 million ounces o
- f Gold under Cove
ver
(source: e: Victo ctori rian an Departm rtment ent of Primary y Indus ustr tries ies, Gold Underco rcove ver Initiati ative ve)
Historic rical al Gold Product ction
- n in Be
Bendigo go-Ba Balla llarat rat Re Region
Slide 6
No Nort rth Be Bendig igo Gol
- ld Be
Belt lt
Major gold belt
emerging north of Bendigo
Totally concealed by
Murray Basin sediments
Whitelaw Fault
controls gold
Catalyst has 25km of
strike length
Option over Unity
Drummond Potential
Slide 7
What t lies b s beneath th th the wheat t fi fields ds?
0.4m @ 152.0g/t Au (FEDD008) 6.0m @ 82.7g/t Au (FE328) 1.0m @ 18.3g/t Au (FERC002) 3.0m @ 31.3g/t Au (FE415) 1.0m @ 17.5g/t Au (FEDD001) 3.0m @ 19.5g/t Au (FE592) 3.0m @ 16.8g/t Au (FE608)
5mm
Slide 8
Fou
- ur Ea
Eagles – Ta Tandar arra Go Gold Tr Trend
23 km prospective
strike length
Alluvial cover
20m – 120m deep
Large gold foot print
already defined
Same structural position
as Tandarra
EL4897
Navarre Minerals
EL4525
Catalyst Metals
Whitelaw Fault Fault T a n d a r r a
Mitiamo
kilometres 5
NO R T H
EL5295
Railway
5,980,000mN 5,970,000mN 6,000,000mN 5,990,000mN 250,000mE 240,000mE
Drillholes 0.1 to 0.2 g/t Au 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
East Tandarra Trend Tandarra Trend
Note: No Arsenic data available for Navarre
Slide 9
Fo Four r Eag agle les s Gol
- ld Zon
- nes
Bendigo Pyramid Road
kilometre 1 NO R T H
Bendigo Pyramid Road
Whitelaw Fault Projected Tandarra Fault
242,000mE 244,000mE 246,000mE 5,992,000mN 5,990,000mN 5,988,000mN
EAGLE 1 TARGET EAGLE 2 EAGLE 4 ZONE EAGLE 3
343 380 328 D001
316 (3.85km north)
469 509 584 623 619 D008 D007
E 5 AGLE TARGET
Drillhole Intersections (>0.7g/t Au)
FEDD001 3.7m @ 4.7g/t Au from 170m inc. 0.8m @ 17.5g/t Au from 173m FEDD005 1m @ 1.2g/t Au from 99m FEDD007 0.4m @ 16.2g/t Au from 168m and 0.75m @ 15.3g/t Au from 170m FEDD008 0.4m @ 152g/t Au from 150m FERC002 2m @ 1.8g/t Au from 67m and 1m @ 18.3g/t Au from 127m FERC003 2m @ 6.2g/t Au from 49m FE328 6m @ 82.7g/t Au from 123m FE343 3m @ 3.34g/t Au from 111m FE380 3m @ 9.71g/t Au from 120m FE399 6.0m @ 1.0g/t Au from 66m FE402 3.0m @ 0.9g/t Au from 90m FE415 6.0m @ 2.4g/t Au from 45m and 3.0m @ 31.3g/t Au from 57m FE469 3.0m @ 1.16g/t Au from 36m FE471 3.0m @ 5.18g/t Au from 75m and 3.0m @ 1.19g/t Au from 81m FE472 3.0m @ 1.30g/t Au from 45m and 3.0m @ 1.27g/t Au from 63m FE492 3.0m @ 1.1g/t Au from 75m FE509 3.0m @ 0.7g/t Au from 84m FE572A 3.0m @ 2.04g/t Au from 51m FE575 3.0m @ 4.9g/t Au from 66m FE578 3.0m @ 1.23g/t Au from 60m FE579 9.0m @ 2.34g/t Au from 48m and 3.0m @ 1.58g/t Au from 78m FE584 3.0m @ 0.88g/t Au from 117m FE591 3.0m @ 11.1g/t Au from 87m FE592 3.0m @ 19.45g/t Au from 90m FE595 3.0m @ 1.23g/t Au from 126m FE608 3.0m @ 16.8g/t Au from 108m FE619 3.0m @ 0.8g/t Au from 45m FE623 3.0m @ 0.95g/t Au from 53m Drillholes 0.1 to 0.2 g/t Au 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 Au Zone As Zone
Boyd’s Dam
See enlargement plan
Hayanmi
See enlargement plan
Discovery
See Cross Section
471 402 399 D005 595 608 492 592 591 R002 472 415 572A 579 578 R003 575
Slide 10
Ha Haya yanmi mi Pro rosp spect
Cuneens Road
metres 200 NO R T H
N
- r
t h B
- u
n d a r y R
- a
d
244,500mE 245,000mE 5,990,000mN 5,989,500mN
Hayanmi Prospect
471 399 592 593 591 594 595 596 599 602 604 492 608 607 606 402 D005
Drillhole Intersections (>0.5g/t Au)
FEDD005 1.0m @ 1.2g/t Au from 99m FE399 6.0m @ 1.0g/t Au from 66m FE402 3.0m @ 0.9g/t Au from 90m FE471 3.0m @ 5.2g/t Au from 75m and 3.0m @ 1.19g/t Au from 81m FE492 3.0m @ 1.1g/t Au from 75m and 3.0m @ 0.6g/t Au from 78m FE591 3.0m @ 11.1g/t Au from 87m and 3.0m @ 1.06g/t Au from 93m FE592 3.0m @ 19.45g/t Au from 90m and 3.0m @ 1.26g/t Au from 93m and 3.0m @ 0.86g/t Au from 126m FE595 3.0m @ 1.23g/t Au from 126m FE596 6.0m @ 0.6g/t Au from 72m FE599 3.0m @ 0.64g/t Au from 87m FE606 3.0m @ 0.47g/t Au from 102m FE608 3.0m @ 16.8g/t Au from 108m
Drillholes 0.1 to 0.2 g/t Au 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 Au Zone As Zone
EAGLE 3 ZONE
Slide 11
Boyd’s Dam Prospect
Cuneens Road
metres 200 NO R T H
B e n d i g
- P
y r a m i d R
- a
d
245,000mE 245,500mE 5,990,000mN 5,989,500mN 5,989,000mN
EAGLE 4 ZONE
Boyd’s Dam Prospect
535 549A 545 540 541 R002 472 415 537 533 532 571 572A 575 576 579 578 580 416 R003 D003
Drillhole Intersections (>0.5g/t Au)
Drillholes 0.1 to 0.2 g/t Au 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 Au Zone As Zone
FEDD003 3m @ 0.92g/t Au from 56m FERC002 2m @ 1.8g/t Au from 67m and 1m @ 18.3g/t Au from 127m FERC003 2m @ 6.2g/t Au from 49m FE415 6.0m @ 2.4g/t Au from 45m and 3.0m @ 31.3g/t Au from 57m FE472 3.0m @ 1.30g/t Au from 45m and 3.0m @ 1.03g/t Au from 51m and 3.0m @ 1.27g/t Au from 63m FE532 3.0m @ 0.65g/t Au from 69m and 3.0m @ 0.73g/t Au from 96m FE535 3.0m @ 0.71g/t Au from 63m FE541 3.0m @ 0.93g/t Au from 54m FE572A 9.0m @ 0.85g/t Au from 48m inc 3.0m @ 2.04g/t Au from 51m FE575 3.0m @ 4.9g/t Au from 66m FE576 3.0m @ 0.58g/t Au from 78m FE578 9.0m @ 0.54g/t Au from 60m inc 3.0m @ 1.23g/t Au from 60m FE579 36.0m @ 0.92g/t Au from 48m inc 9.0m @ 2.34g/t Au from 48m and 3.0m @ 1.58g/t Au from 78m
Slide 12
Fo Four r Eag agle les s Dri rill ll Cr Cros
- ss
s Se Secti tion
- n
Eagle 3 Trend Eagle 2 Trend
356m
D007 D008 D002 D001
FE300 FE299 0.4m @ 16.2g/t Au 0.75m@15.3g/tAu FE328 FE298 FE329 FE297 FE330 FE296 FE331 6m @ 82.7g/t Au 3m @ 0.51g/t Au 3m @ 0.59g/t Au 0.7m @ 4.83g/t Au 0.8m @ 17.5g/t Au 0.4m @ 152g/t Au
Four Eagles Cross Section
5988925mN
Clay - Shepparton Fm. Sand Carbonaceous Clay Saprolite Zone Potential Gold Zone Shale Sandstone Quartz Veins / Shearing Basement Castlemaine Gp.
244000mE 244250mE 244500mE
- 250m
0m
F O L D A X I S
215.5m EOH 257.1m EOH
TANDARRA F.
Metres
100
Slide 13
Be Bendig igo: : his
istoric ic go gold ld p produ ductio ion
Historical gold production indicates:
Estimated 50,000 ounces per vertical metre
Every 100 metres contains 5 million ounces
200 400 600 800 1,000
‘000 oz Au PRODUCTION BY YEAR
1850 1870 1890 1910 1930 1950
BENDIGO GOLDFIELD FIRST 11 YEARS
Alluvial ounces 4.0 Moz Reef ounces 18.0 Moz Total 22.0 Moz
Alluvial oz Au Lode oz Au TOTAL oz Au 300,000 700,000 980,000 620,000 650,000 880,000 750,000 730,000 690,000 570,000 410,000
TOTAL 3,570,000 3,710,000 7,280,000
Slide 14
Be Bendig igo: : a
a world ld-cla lass go gold ld t tar arget
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
10.8mt @15.0g/t Au (5,203,000oz)
New Chum Line
7.9mt @15.1g/t Au (3,850,000oz)
Deborah Line
0.46mt @14.7g/t Au (217,000oz)
Sheepshead Line
2.3mt @11.6g/t Au (852,000oz)
Nell Gwynne Line Napoleon Line
NORTH
kilometres 2
Bendigo Goldfield
Historical Gold Production from Lines of Lodes
18 million ounces of reef gold
4 million ounces of alluvial gold
Includes possibly 7 million
- unces in top 200 metres
Large footprint (8kms x 3kms)
Slide 15
2012/13: 2012/13: Te
Testin ing the Th Thir ird d Dim imensio ion
Large gold footprint in oxidised zone with high grades
but little testing below
Have confirmed three prospects with high grades Need 10,000 metres angled diamond drilling /RC Test other shallow areas with aircore
Objective: Minimum 150,000 ounces
- f Inferred Gold Resource
Slide 16
Heads of Agreement
Initial Phase
$2,100,000 exploration spend by January 2014 to earn 50%
interest in project with approx. $1.9 million spent to date At Farm-in
2,500,000 CYL shares
Future Farm-in
$2,100,000 exploration spend to earn up to 75% interest in
project
Providence Gold & Minerals free carried until decision to mine
Fo Four r Eag agle les s Fa Farm rm-in in Agr greeme ment
Slide 17
Un Unit ity y Gol
- ld Pla
lant
600,000 tpa Original cost
- approx. $65M
Built in 2006 Gravity/CIL 90% recovery Exploration ground
Slide 18
Option to Purchase Agreement
Pre exercise
Option until 31 January, 2013 1 x $100,000 option payments remaining (November) Unity to keep tenements in good standing and maintain plant and
equipment during option period
Post exercise (31 January 2013)
2,000,000 CYL shares $4,000,000 of CYL shares to a maximum of $10,000,000 Deferred royalty on future production with initial payment of
$2,000,000 after 50,000t, plus production royalty of $5/t up to maximum of $4,000,000
Replace environmental bond of approximately $6,000,000
Un Unit ity y Gol
- ld Pla
lant t Op Opti tion
- n
Slide 19
Ca Cata taly lyst st Ca Capit ital al Str Structu ture re
Capital Structure (ASX: CYL & CYLO)
46,071,298 fully paid ordinary shares
– 5,758,988 listed 50 cent options expiring 15/01/2013 – 1,000,000 unlisted 20 cent options expiring 30/06/2014 – 1,000,000 unlisted 30 cent options expiring 30/06/2015 – 700,000 unlisted Performance Rights
Top 20 control approximately 75% of issued capital
Cash in hand
A$1.8 million (at 30 June 2012)
Market Capitalisation
A$21 million (at 46 cents per share)
Slide 20
Directors
Bruce Kay – Technical Stephen Boston – Chairman Robin Scrimgeour – Non-executive Gary Schwab – Non-executive
Officers/Advisors
Frank Campagna – Company Secretary John Arbuckle – Corporate Advisor
Co Corp rpor
- rat
ate Str Structu ture re - Dir irecto tors rs
Slide 21
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 non-executive director of Catalyst Metals 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 of 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.
Co Comp mpete tent t Pers rson
- ns
s Sta State teme ment
Slide 22
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.
Disc sclaimer an
and Fo
Forward Loo
- oki