Technical Direct or Compet etent ent Per Persons ns S Statem - - PowerPoint PPT Presentation
Technical Direct or Compet etent ent Per Persons ns S Statem - - PowerPoint PPT Presentation
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
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
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”
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)
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
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
Slide 7
Whi hitel elaw Fault ult Int Inter erpret etatio ion
(Seismic)
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
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
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!”
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”
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”
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
Slide 14
2017 D 2017 Drilling ng Progr
- gram
amme
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”
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)
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
Slide 18
Boyd's Trend end Lo Long ng Pr Project ection
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
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”
Slide 21
TARGET ET: : “Deep” D Diamond Drilling
Slide 22
Haya ayanmi mi vs N New ew Chum B hum Bend endigo
Slide 23
Hayanm ayanmi Long P Long Proj
- ject
ection
- n cf
cf Fost
- ster
ervi ville
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
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
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
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
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
Slide 29
Tom
- mor
- rrow
- w Zone
Zone Aircor core RC/ RC/DD DD
Slide 30
Tan andarra arra 2017 2017 RC RC D Drilling ng ( (Co Compl plet eted) ed)
Slide 31
Tomorro rrow Con Conceptual al Pit
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
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
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
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
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.