Catalyst Metals Delineates 2 Million Ounce Ore Reserve Across Western Australia Gold Belt
MT Newswires Live
Sep 29
Catalyst Metals (ASX:CYL) delineated 2 million ounces of ore reserves across the Plutonic Gold Belt in Western Australia, according to a Tuesday Australian bourse filing.
The company said it will decide in December whether to change its exploration activities and expenditure, while seeing value in further potential low-cost reserves from Trident, Cinnamon and Old Highway.
Catalyst said its September 2025 10-year guidance should be viewed as a general guide to management's long-term vision for Plutonic, having since seen changes to permitting timelines, operational delays and processing capability, as well as increases in reserves at key deposits in its development plan.
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