Technical Direct or Co Comp mpany Ob any Object ectives ves - - PowerPoint PPT Presentation
Technical Direct or Co Comp mpany Ob any Object ectives ves - - PowerPoint PPT Presentation
Annual General Meeting Presentation Perth WA 15 November 2013 Bruce Kay Technical Direct or Co Comp mpany Ob any Object ectives ves Become a cash producing, dividend paying gold producer in 2-3 years Considerably enhance value
Slide 2
Co Comp mpany Ob any Object ectives ves
Become a cash producing, dividend paying
gold producer in 2-3 years
Considerably enhance value by successful
exploration
Acquire assets with strong upside potential:
the NQM and Normandy experience
Early cash flow is the priority
Slide 3
Four ur Eag agles es: 2013 2013 Summar ummary
Hayanmi Gold Prospect extended to 2.6 kms long Three prospects now defined with high grades
(Hayanmi, Discovery and Boyd’s Dam)
Large gold footprint 6 kms by 2.5 kms with
potential to extend
Gold is finely divided with good assay
repeatability 2014 Objective: Angled drilling to define high grade gold deposit at shallow depth
Slide 4
Virgi gin G Gold D Disc scovery with Exc Excellent Infra rastru tructu ture
Good road and rail access, power and water Other gold plants available in district for
early cash flow
Freehold land with no native title Local workforce, no FIFO
Potential for both shallow open pit gold and large gold discoveries
Slide 5
Non Non-Gold
- ld P
Proj rojects
Four Eagles Gold Project Minnie Springs
- $1m of molybdenum exploration
- Low grade molybdenum resource defined
- Untested tungsten prospect (0.5 – 1% WO3)
- Shallow uranium mineralisation (500ppm U)
Everton
- Historic Molybdenum production
21,000 tonnes @ 1.4%MoS2
- Scattered molybdenum
mineralisation in quarry
- Farm-out potential
Slide 6
Bend Bendigo / / Bal Ballar arat at Gold
- ld Z
Zon
- nes
DPI predicts 32 Mozs 60 Mozs Production
W h i t e l a w F a u l t A v
- c
a F a u l t B a m b r a F a u l t Mount William Fault G
- v
e r n
- r
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 pr I predic dicts s 32 millio illion ounces o s of go gold ld und under er co cover er
(so source: Vic ictoria ian D Department o
- f Prim
imary I Indust stries, s, G Gold ld Un Undercover I Init itia iativ ive)
Historic rical Gol
- ld
d Produ
- duction Bendi
digo-Ballarat Region
Slide 7
Bend Bendigo: : a w
world-class gold ta targ rget
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 8
Nort North Bend Bendigo Gold
- ld Belt
lt
Major gold belt
emerging north of Bendigo
Totally concealed by
Murray Basin sediments
Whitelaw Fault
controls gold
Catalyst has 25 kms of
strike length
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
Whitelaw Fault
Tandarra F
Four Eagles Gold Project
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
Pyramid
Catalyst / Providence JV Unity ELs Gold deposit/
- ccurrence
Town / city Main Road Railway Limit of base- ment outcrop Lion Gold / Navarre Unity MLs Navarre Crocodile Gold Timpetra Exploration Licence Holding Companies
Slide 9
Wha hat lies ies benea eneath h the w he whea heat f fiel elds?
0.4m @ 152.0g/t Au (FEDD008) 6.0m @ 82.7g/t Au (FE328) 1.0m @ 18.3g/t Au (FERC002) 3.0m @ 36.6g/t Au (FE415) 1.0m @ 17.5g/t Au (FEDD001) 3.0m @ 20.5g/t Au (FE592) 3.0m @ 9.1g/t Au (FE608)
Slide 10
Fou Four r Eagle gles s Gold
- ld Zones
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 E 5 AGLE TARGET
343 380 328 D001
316 (3.85km north)
469 509 584 623 619 D008 D007 446 326 648 626 649
Drillhole Intersections (>0.7g/t Au)
FEDD001 3.7m @ 4.7g/t Au from 170m inc. 0.8m @ 17.5g/t Au from 173m FEDD007 0.4m @ 8.4g/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 FE326 1.5m @ 1.81g/t Au from 114m 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 3.0m @ 1.42g/t Au from 66m FE402 3.0m @ 0.8g/t Au from 90m FE415 6.0m @ 2.6g/t Au from 45m and 3.0m @ 36.6g/t Au from 57m FE469 3.0m @ 1.23g/t Au from 36m FE471 3.0m @ 5.96g/t Au from 75m and 3.0m @ 1.33g/t Au from 81m FE472 3.0m @ 1.2g/t Au from 45m and 3.0m @ 2.32g/t Au from 63m FE492 3.0m @ 1.2g/t Au from 75m FE509 3.0m @ 0.7g/t Au from 84m FE532 3.0m @ 2.1g/t Au from 96m FE535 3.0m @ 1.37g/t Au from 63m FE572A 3.0m @ 1.74g/t Au from 51m FE575 3.0m @ 4.9g/t Au from 66m FE578 3.0m @ 1.14g/t Au from 60m FE579 9.0m @ 2.33g/t Au from 48m and 3.0m @ 1.23g/t Au from 78m FE584 3.0m @ 0.88g/t Au from 117m FE591 3.0m @ 14.7g/t Au from 87m FE592 9.0m @ 7.9g/t Au from 87m incl. 3.0m @ 1.26g/t Au from 87m incl. 3.0m @ 20.5g/t Au from 90m and 3.0m @ 1.94g/t Au from 93m FE595 3.0m @ 2.33g/t Au from 126m FE606 3.0m @ 1.39g/t Au from 102m FE608 3.0m @ 9.1g/t Au from 108m FE619 3.0m @ 0.8g/t Au from 45m FE623 3.0m @ 0.83g/t Au from 33m FE626 1.5m @ 12.9g/t Au from 52.5m FE648 1.5m @ 1.0g/t Au from 82.5m FE649 4.5m @ 1.0g/t Au from 97.5m
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
Discovery Boyd’s Dam Hayanmi
471 402 399 D005 595 608 492 592 591 R002 472 415 572A 579 578 R003 575
Slide 11
Hayanmi ayanmi Tr Trend end
2 m 30m 4 m 5 m
C u n e e n s R
- a
d N
- r
t h B
- u
n d a r y R
- a
d Y a r r a w a l l a E a s t R
- a
d
244,000mE 245,000mE 5,991,000mN 5,990,000mN 5,992,000mN
Hayanmi Prospect
Eagle 2 Zone Eagle 2 Zone
399 471 592 591 595 492 608 326 452 343 446 440 623 469 402 625 626 648 649
Hayanmi Cross Section
metres 500
NO R T H
Significant Drillhole Intersections (>0.5g/t Au)
Other Intersections FE326 1.5m @ 1.81g/t Au from 114m FE343 3.0m @ 3.43g/t Au from 111m FE446 3.0m @ 0.5g/t Au from 66m
Drillholes
LEGEND
0.1 to 0.2 g/t Au 0.2 to 0.5 g/t Au < 20 metres 20 - 30 metres 30 - 40 metres 40 - 50 metres > 50 metres 0.5 to 1.0 g/t Au 1.0 to 5.0 g/t Au > 5.0 g/t Au
Drillhole grades Depth to Basement
Au Zone
Eagle 3 Zone
Hayanmi Trend
FE399 3.0m @ 1.42g/t Au from 66m FE469 3.0m @ 1.23g/t Au from 36m FE471 3.0m @ 5.96g/t Au from 75m and 3.0m @ 1.33g/t Au from 81m FE492 3.0m @ 1.2g/t Au from 75m FE591 3.0m @ 14.7g/t Au from 87m and 3.0m @ 1.46g/t Au from 93m FE592 9.0m @ 7.9g/t Au from 87m
- incl. 3.0m @ 1.26g/t Au from 87m
- incl. 3.0m @ 20.5g/t Au from 90m
and 3.0m @ 1.94g/t Au from 93m FE595 3.0m @ 2.33g/t Au from 126m FE608 3.0m @ 9.1g/t Au from 108m FE623 3.0m @ 0.83g/t Au from 33m FE626 1.5m @ 12.9g/t Au from 52.5m and 1.5m @ 0.7g/t Au from 82m and 1.5m @ 0.54g/t Au from 87m FE648 1.5m @ 0.8g/t Au from 64.5m and 1.5m @ 1.0g/t Au from 82.5m FE649 4.5m @ 1.0g/t Au from 97.5m
Slide 12
Hayanmi ayanmi Cross ross Section ion
Potential Ore Zone
3m @ 1.3g/t Au 3m @ 20.5g/t Au 3m @ 1.9g/t Au FE593 3m @ 14.7g/t Au 3m @ 1.0g/t Au 3m @ 1.5g/t Au FE592 D 6 FE591 FE590
125m EOH 117m EOH 134m EOH 108m EOH 99m EOH
Proposed RC/Diamond Drillholes
Hayanmi Cross Section
5990140mN
Clay - Shepparton Fm. Sand Silt Carbonaceous Clay Saprolite Zone Potential Gold Zone Basement Castlemaine Gp.
244700mE 244800mE 244900mE
- 50m
0m 50m
Metres
50
Slide 13
Hayanmi ayanmi Lon
- ngit
gitudin inal S l Section ion
MURRAY BASIN SEDIMENTS
FE469
1.5m @ 12.9g/t Au 3m @ 0.8g/t Au
FE649 FE626 FE402 FE648 FE623
1.5m @ 0.8g/t Au 3m @ 1.23g/t Au 4.5m @ 1.0g/t Au 1.5m @ 1.0g/t Au
FE471 FE608 FE599 FE492 FE399 FE592 FE595 FE591
3m @ 2.3g/t Au 3m @ 9.1g/t Au 3m @ 1.2g/t Au 3m @ 0.8g/t Au 9m @ 7.9g/t Au 3m @ 14.7g/t Au 3m @ 1.3g/t Au 3m @ 6.0g/t Au 3m @ 1.42g/t Au 3m @ 0.83g/t Au
2.6 Kilometres
Longitudinal Projection of Hayanmi Structure
5,990,000mN 5,991,000mN 5,992,000mN 50m 50m
Metres
500
100m 150m 200m 250m 300m
ZONE OF GOLD POTENTIAL FOR DRILL TESTING
200 metres
(Vertical exaggeration approx. 6:1)
100m 200m
Longitudinal Projection View looking WEST
Slide 14
Bo Boyd yd’s ’s Dam Pr am Prospect ect
Cuneens Road
metres 200 NO R T H
Bendigo Pyramid Road
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
Boyd’s Dam Cross Section
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 @ 2.6g/t Au from 45m and 3.0m @ 36.6g/t Au from 57m FE472 3.0m @ 1.2g/t Au from 45m and 3.0m @ 1.2g/t Au from 51m and 3.0m @ 2.32g/t Au from 63m FE532 3.0m @ 0.99g/t Au from 69m and 3.0m @ 2.1g/t Au from 96m FE535 3.0m @ 1.37g/t Au from 63m FE537 6.0m @ 0.8g/t Au from 63m FE541 3.0m @ 0.93g/t Au from 54m FE572A 9.0m @ 0.76g/t Au from 48m inc 3.0m @ 1.74g/t Au from 51m FE575 3.0m @ 4.9g/t Au from 66m FE576 3.0m @ 0.65g/t Au from 78m FE578 3.0m @ 1.14g/t Au from 60m FE579 33.0m @ 0.96g/t Au from 48m inc 9.0m @ 2.33g/t Au from 48m and 3.0m @ 1.23g/t Au from 78m
Slide 15
Boy
- yd’s
s Dam Cross ross Section ion
Potential Ore Zone
FERC001 FE472 FE415 3m @ 1.3g/t Au 15m @ 8.4g/t Au FERC002 3m @ 1.0g/t Au 3m @ 1.3g/t Au 2m @ 1.8g/t Au 1m @ 0.55g/t Au 1m @ 18.3g/t Au abandoned 1m @ 0.6g/t Au FE542 FERC003 FE541 FE538 FERC002a FERC004 2m @ 6.2g/t Au
Boyd’s Dam Cross Section 5989369N
245500mE
- 25m
0m
Metres
50 100m 25m 50m 75m 245450mE 245400mE
ZONE OF QUARTZ VEINS WITH GOLD MINERALISATION
245350mE
Clay - Shepparton Fm. Sand Torrumberry Clay Saprolite Zone Basement Castlemaine Gp
Slide 16
Boy
- yd’s
s Dam L Lon
- ngit
gitudin inal l Section ion
MURRAY BASIN SEDIMENTS
FE580 FE572 FE537 FE532 FE575
3m @ 0.4g/t Au
FE471 FE545 FE415 FE549A FE572A FE578 FE579 RC2 RC3
33m @ 1.0g/t Au 1m @ 18.3g/t Au 3m @ 1.0g/t Au 3m @ 1.0g/t Au 2m @ 6.2g/t Au 3m @ 2.3g/t Au 15m @ 8.4g/t Au 3m @ 2.1g/t Au 3m @ 4.9g/t Au 3m @ 1.7g/t Au
700 metres
Longitudinal Projection of Boyd’s Dam
5,989,000mN 5,989,500mN 5,990,000mN 50m
Metres
250
100m 150m 200m 250m
ZONE OF GOLD POTENTIAL FOR DRILL TESTING
(Vertical exaggeration approx. 3:1)
100m 200m
Longitudinal Projection View looking WEST
Slide 17
Disc iscov
- very
ry Prosp rospect Cross ross Section ion
Eagle 3 Trend Eagle 2 Trend
356m
D007 D008 D002 D001
FE300 FE299 0.4m @ 8.4g/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
Discovery 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
FOLD AXIS
215.5m EOH 257.1m EOH
TANDARRA F.
Metres
100
Slide 18
Four ur Eag agles es Fine ne and and Co Coar arse e Go Gold
Process from Discovery (FE328), Hayanmi (FE471) and Boyd’s Dam (FE415)
Slide 19
LeachW eachWELL Corre
- rrela
lation ion G Gra raph
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 20
Co Concep nceptual ual Mine Pl ne Plan an
Slide 21
Fou Four r Eagle gles s 2013/14 D 2013/14 Drilling ng
EL5295 EL4525
Granite
Bendigo Pyramid Road
kilometres 2 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
P r
- j
e c t e d T a n d a r r a F a u l t
240,000mE 244,000mE 248,000mE 5,990,000mN 5,994,000mN 5,998,000mN
EAGLE 1 TARGET EAGLE 2 ZONE EAGLE 4 ZONE EAGLE 3 ZONE EAGLE 5 TARGET
EAGLE 1 EAGLE 2 EAGLE 3 EAGLE 4
2013 Aircore Drilling
See enlargement plan EAGLE 1 EAGLE 2 EAGLE 3 EAGLE 4
Reconnaissance Aircore in Shallow Basement Areas Aircore/RC Infill in Shallow Basement Areas
316 343 380 328 D001 316 469 509 584 623 619 D008 D007 446 326 648 626 649
471 402 399 D005 595 608 492 592 591 R002 472 415 572A 579 578 R003 575
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 Basement 0 – 30 metres depth Basement 30 – 50 metres depth Basement > 50 metres depth Shallow Basement target areas
Slide 22
Drillin rilling M g Method
- dology
- logy
Potential Ore Zone
125m EOH 125m EOH
Reconnisance Aircore Infill Aircore Diamond / RC
Four Eagles Drilling Methodology
Clay - Shepparton Fm. Sand Silt Carbonaceous Clay Saprolite Zone Basement Castlemaine Gp.
244700mE 244800mE 244900mE
- 150m
- 200m
- 100m
- 50m
Metres
50
Slide 23
2-3 Y Year Exp Exploration Progr gramme
Recon Aircore Drilling 15,000m/$0.5M Grid Follow up Aircore drilling
30,000m/$1.0M
Angled RC Drilling 15,000m/$1.0M Angled Diamond Drilling 5,000m/$1.5M This would give about 50 Ore Cross Sections
Estimated Total Cost to JORC Resource: $5M
Slide 24
Heads of Agreement
Initial Phase
$2,100,000 exploration spend by January 2014 to earn
50% interest in project. Completed June 2013 Future Farm-in
$2,100,000 exploration spend to earn up to 75% interest in
project (assumes non-contribution by Providence at 60%)
Catalyst gives Providence staged conditional shares and cash
at 60%, 70%, 75% and Feasibility (1.5 m CYL shares: $230,000)
Providence Gold & Minerals 25% free carried until decision
to mine
Providence can elect to take 2.5% royalty on mine project
Fou Four r Eagle gles s Far arm-in A n Agreement eement
Slide 25
Cataly lyst st Capit ital S l Stru ructure re
Capital Structure (ASX: CYL)
47,303,033 fully paid ordinary shares
– 1,000,000 unlisted 20 cent options expiring 30/06/2014 – 750,000 unlisted 30 cent options expiring 30/06/2015 – 350,000 unlisted Performance Rights
Top 20 control approximately 70% of issued capital
Cash in hand
A$0.9 million (at 30 Sept 2013)
Market Capitalisation
A$14 million (at 30 cents per share)
Slide 26
Directors
Bruce Kay – Technical Director Stephen Boston – Chairman Robin Scrimgeour – Non-executive Gary Schwab – Non-executive
Officers
Frank Campagna – Company Secretary John Arbuckle – Consultant
Corp
- rpora
- rate S
Stru ructure re
Slide 27
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.
Com
- mpetent Person
rsons s Statement
Slide 28
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.