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Corporate Presentation June 2017 Bruce Kay Technical Direct or Compet etent ent Per Persons ns S Statem ement ent Competent Persons Statement The information in this report that relates to exploration results is based on information


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SLIDE 1

Corporate Presentation

June 2017 Bruce Kay Technical Direct or

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SLIDE 2

Slide 2

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

  • f Mining and Metallurgy. Mr Kay is a non-executive director of the Company and has

sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). Mr Kay consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Much of the historical information relating to the Four Eagles project was prepared and first disclosed under the JORC Code 2004. This information has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was reported. Information relating to the Tandarra, Sebastian and Raydarra projects was first disclosed by previous tenement holders under the JORC Code 2004. This information has been subsequently reported by the Company in accordance with the JORC Code 2012, refer to announcement dated 1 September 2014 and the Quarterly Activities Report dated 31 July 2014.

Compet etent ent Per Persons ns S Statem ement ent

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SLIDE 3

Slide 3

Comp Company O y Obje jective ives

 Develop assets with strong upside potential  Enhance value via professional exploration  Make a major gold discovery  Become dominant in a world class gold province  Gold production

“D “Domina nate e the he Reg egion” n”

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SLIDE 4

Slide 4

Catalyst st Capi pital St Stru ructure re

Capital Structure (ASX: CYL, CYLO)

 58,129,785 fully paid ordinary shares  2,572,403 listed options @ 50c (30 June 2018)  1,100,000 unlisted options @ $1.00  Top 20 control approximately 70% of issued capital

Cash in hand

 A$2.3 million (at 31 March 2017)

Market Capitalisation

 A$29 million (at 50 cents per share)

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SLIDE 5

Slide 5

Non-Executive Directors

 Bruce Kay

– Former Head of Worldwide Exploration for Normandy Mining

and Newmont  Stephen Boston

– Principal of Perth based private investment group

 Robin Scrimgeour – Former banker in London, Tokyo, Hong Kong and Singapore  Gary Schwab – Certified Practicing accountant, former Executive Director of private Australian based commodity company

Corpo rpora rate St Stru ructure re

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SLIDE 6

Slide 6

Victorian Go Gold ld

 Bendigo Australia’s

2nd largest goldfield

(22 moz historic production)

 Whitelaw Fault

controls gold mineralisation

 Mines Dept predicts

32 moz covered by Murray Basin Sediments

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SLIDE 7

Slide 7

Whi hitel elaw Fault ult Int Inter erpret etatio ion

(Seismic)

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SLIDE 8

Slide 8

Bend endigo: A A World Class Gold F Fiel eld

Bendigo Goldfield

Largest gold producer in the world from 1850 to 1890

22 million ounces at 15g/t Au

Every vertical 100 metres contained 3 to 5 moz of gold

Larger footprint than the Kalgoorlie Super Pit

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SLIDE 9

Slide 9

Find nding ing the he Nex ext Bend endigo

 Recognising this major geological opportunity  Manage the entire Whitelaw Gold Corridor  Using world-class exploration techniques  Strong JV partner GEV (sub of Hancock Prospecting)  High grade gold at Four Eagles and Tandarra  Excellent infrastructure and gold plants in district

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Slide 10

Control Control of

  • f Enti

ntire W re Whi hitel telaw Gol w Gold d Corri Corridor dor

 Bendigo produced

22 million ounces of gold at 15g/t Au

 Gold corridor continues

north of Bendigo

 Totally concealed

by younger sediments

 Whitelaw Fault controls gold  New EL Application

“If there is is a gold gold d deposit

  • sit n

nor

  • rth
  • f
  • f Bendigo,

igo, Ca Cataly lyst will will be a ma or benef enefici ciary!”

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Slide 11

Gold ld b benea eneath h the w he whea heat fiel elds

10.0m @ 17.9g/t Au (ACT015) 19.0m @ 9.5g/t Au (FERC158) 6.0m @ 82.7g/t Au (FE328) 3.0m @ 154g/t Au (FE732) 6.0m @50.4g/t Au (FERC152) 3.0m @ 36.6g/t Au (FE415) 3.0m @ 59.2g/t Au (FE633) 10.0m @ 6.4g/t Au (FERC147) 6.0m @ 16.3g/t Au (FE696) “Fin Findin ding a g a la large ge go gold de ld depo posit sit be beneath the w he whea heat fi fiel elds”

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Slide 12

‘Li ‘Lifting ng t the C he Cover er’ 2011 ’ 2011-2016 2016

 Control of entire Whitelaw Gold Corridor  Gravity and seismic reveal basement structures  Pathfinder geochemistry defines gold trends  Air core drilling at Four Eagles and Tandarra  GEV support enables major drilling programme

“Potentia ial l for bo both s shallo llow w ope pen pit pit and d la large pr primary lo lode de g gold dis ld discoverie ies”

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Slide 13

Four r Eagles Gold Pro roject JV 2011 2011

Initial Catalyst Providence JV

 Signed January 2011  $2.1 m to earn 50%  Totally concealed

by cover

 3 gold intersections

> 1g/t Au

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SLIDE 14

Slide 14

2017 D 2017 Drilling ng Progr

  • gram

amme

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Slide 15

Fo Four Ea Eagl gles s Gold Project: S : Summary

 Three prospects defined with high grades

– Hayanmi – high grade gold over 2kms – Boyd’s Dam – gold over 0.8 km – Boyd North – gold over 0.7 km

 Discovery Trend still untested  40 kilometres of Whitelaw trend still unexplored

“Large ge area eas s of go gold ld p potent entia ial in l in sha shallo llow basem sement ent”

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Slide 16

2017 Drill Drill Int nter ersect ections ns

  • 4m @ 20.0g/t Au (BN)
  • 5m @ 8.0g/t Au (BN)
  • 5m @ 4.4g/t Au (BN)
  • 6m @ 50.4g/t Au (BD)
  • 19m @ 9.5g/t Au (BD)
  • 10m @ 6.4g/t Au (BD)
  • 4m @ 9.3g/t Au (BD)
  • 13m @ 2.9g/t Au (BD)
  • 10m @ 3.4g/t Au (BD)
  • 1m @ 30.9g/t Au (BD)
  • 6m @ 4.6g/t Au (H)
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SLIDE 17

Slide 17

Bo Boyd's 's Trend end

 High grade gold

confirmed at Boyd North; basement 20-40m deep

 High grades up to

247g/t Au at Boyd’s Dam

 Structure semi-

continuous over 1.7 kilometres

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SLIDE 18

Slide 18

Boyd's Trend end Lo Long ng Pr Project ection

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Slide 19

 2.9 kms long  High Grade Gold

  • 3m @ 13.4g/t Au
  • 9m @ 5.7g/t Au
  • 1m @ 103g/t Au
  • 41m @ 3.9g/t Au
  • 9m @ 7.9g/t Au
  • 2m @ 25.7g/t Au
  • 3m @ 14.7g/t Au
  • 2m @ 19.2g/t Au
  • 2m @ 13.9g/t Au

Haya ayanmi mi Tre rend d

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SLIDE 20

Slide 20

Haya ayanmi mi Lo Long ngit itud udina inal l Pr Project ectio ion

“Fur urther her go gold ld int inter ersect sectio ions a ns at no norther hern n end end”

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SLIDE 21

Slide 21

TARGET ET: : “Deep” D Diamond Drilling

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SLIDE 22

Slide 22

Haya ayanmi mi vs N New ew Chum B hum Bend endigo

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Slide 23

Hayanm ayanmi Long P Long Proj

  • ject

ection

  • n cf

cf Fost

  • ster

ervi ville

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Slide 24

Li Lifti ting th the Co Cover

 First vertical derivative

shows known gold channels

 Other potential gold

zones targeted (yellow lines)

 Eight (8) targets

defined for drilling

 Basement depth

estimates of 40 to 80 metres

Gravity S Survey

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Slide 25

TA TARGE RGET: T: Mac Macorna Bore

  • re

 20 km long strike length  Anomalous As in

shallow basement

 Weak Au in old WMC

holes

 TARGET co-funding

$312,000

 Gravity survey and air

core drilling

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Slide 26

Sebas astian tian Pro roje ject t

 Along strike from

Bendigo Goldfield

 Produced 186,000 ozs

@ 10.4g/t Au

 5km strike extension

untested

 Shallow basement

depth < 30 metres

 Possible structure to

west

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Slide 27

Tanda darra rra Gold ld Pr Project ect - Summar mary

 Large areas of potential in basement (< 60m)  High grade gold at less than 20m depth  10 to 20km strike length of untested structure  Open pit potential at Tomorrow Prospect  Angled RC and/or Diamond Drilling required

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Slide 28

2017 2017 Tan Tandar darra Drilling P g Plan

 Follow-up Aircore

reconnaissance drilling: – Tandarra North – Dingee

 Infill RC Blade drilling:

– Tomorrow zone

 Large areas of strike

length still untested

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Slide 29

Tom

  • mor
  • rrow
  • w Zone

Zone Aircor core RC/ RC/DD DD

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Slide 30

Tan andarra arra 2017 2017 RC RC D Drilling ng ( (Co Compl plet eted) ed)

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Slide 31

Tomorro rrow Con Conceptual al Pit

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Slide 32

Four ur E Eagles les F Fine ne and nd C Coarse e Gold

 60% Fine Gold, Low Nugget Effect (16%)  Good correlation between small and large sample assays  High metallurgical recovery likely

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Slide 33

Four ur E Eagles les G Gold D Distribut ution

 Metallurgy shows 53% finer than 38

microns: 26% coarser than 150 microns

 Variography shows 16% nugget effect cf.

90% at Bendigo

 Good correlation between 25 gram and 2 kg

assays

 Gravity and Cyanide should get good

recoveries

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Slide 34

Lea LeachW chWELL LL Corre rrelation Gra Graph ph

10 20 30 40

±2kg sample by LeachWELL (g/t Au) 10 20 30 40 50 30 gram sample by AAS (g/t Au)

R e g r e s s i

  • n

L i n e R e g r e s s i

  • n

L i n e

5 5

30 gram sample by AAS (g/t Au) See Inset

INSET

±2kg sample by LeachWELL (g/t Au) Hole Type Diamond hole Aircore hole

Correlation 2kg LeachWELL vs 30gm Aqua Regia/AAS

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Slide 35

Techni Technical cal Progra rogramme 2017 2017-18 18

Drilling at Four Eagles Gold Project

(+ 20,000 metres Jan to May 17)

Confirmation drilling of shallow

mineralisation at Tomorrow Zone

Pit modelling for Tandarra Reconnaissance drilling at Macorna

Bore, Sebastian, Tandarra.

Deep diamond drilling at Four Eagles

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Slide 36

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.

Dis Disclaime laimer & r & Forward rward Lookin ing S State tateme ments ts

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SLIDE 37

Corporate Presentation

June 2017 Bruce Kay Technical Direct or