Balance sheet repair over previous 12 months has repaid A$28m of debt inherited through the Plutonic Gold Belt consolidation When Catalyst acquired ASX listed Vango Mining in 2023, it inherited a A$12m convertible note This convertible note has now either been repaid or converted Catalyst has repaid over A$28m of debt since July 2023 - the date [...]
Catalyst assessing an alternative development strategy to Trident potentially lowering capital costs and development risk Drilling of 44 holes has been completed immediately above the Trident Deposit Results suggest mineralisation is shallow and above the existing Trident deposit Catalyst to assess the potential for a small open pit that would also [...]
KEY POINTS Quarter highlights Plutonic performance continues to demonstrate operational improvement since acquisition Henty turnaround taking effect with learnings from Plutonic being implemented there, resulting in a step change in key operating KPIs since November 2023. Focus in coming quarters will be on stabilising this performance $9.1m, first [...]
Meaningful next step in in Catalyst's digestion of the Plutonic Gold Belt Key Points Catalyst has repaid the first tranche of a convertible note inherited following completion of the takeover of Vango Mining Ltd. Repayment funded by drawing on its existing revolving working capital gold loan provided by Catalyst's existing financier, Auramet [...]
The Directors present their report, together with the financial statements, on the consolidated entity consisting of Catalyst Metals Ltd. and the entities it controlled at the end of, or during, the half-year ended 31 December 2023. DIRECTORS The following persons were Directors of Catalyst Metals Ltd. during the whole of the financial half-year [...]
KEY POINTS Quarter highlights Operating performance at the Plutonic gold mine improved against September quarter reflecting the expected operational stabilisation Plutonic updated Mineral Resource and Ore Reserve released1; estimate provides comfort over Catalyst's forward mine plan ORE: 5.2Mt at 2.9g/t Au for 490,000oz MRE: 17.9Mt at 2.9g/t Au for [...]
Key Points In June 2023, Catalyst acquired two companies to complete a consolidation of the Plutonic Gold Belt, a belt situated in northern WA Previous owners of the belt had estimated Mineral Resources and Ore Reserves however, Catalyst felt a different estimation approach was needed Since taking control, Catalyst has been undertaking this [...]
KEY POINTS Quarter highlights Catalyst completed consolidation of the Plutonic gold belt in late June 2023, making the September quarter the operation's first under CYL ownership New management team installed at the Plutonic gold mine Plutonic operational performance increased month-on-month, beginning to demonstrate what performance could be [...]
New management team driving initiatives at the Plutonic Gold Mine Key Points Significantly improved month-on-month operating results at the Plutonic Gold Mine Performance culminated in 6,694oz produced in September September quarter results show an increase across all key operating metrics when compared against the prior 18 months to June 2023: 17 [...]
Key Points Experienced Businessman, David Jones AM, joins as Non-Executive Chairman Mr Jones replaces long serving Non-Executive Chairman, Steve Boston The appointment of Mr Jones concludes the first phase of Catalyst's evolution post the consolidation of the Plutonic Gold Belt earlier in the year. Mr Jones brings a unique set of skills that will [...]
Key Points Catalyst and Wolf Contracting have, together, resolved a legacy dispute Catalyst acknowledges Wolf's willingness and commitment through the process Catalyst welcomes a potential future relationship with Wolf as a valuable contracting partner Catalyst Metals Ltd. is pleased to announce that it has resolved a legacy dispute between Wolf [...]
New management team appointed to rejuvenate Plutonic Operations Key Points Key new management appointments at Plutonic Appointees already yielding positive operating results Team's focus is on improving the basic operating key performance indicators such as material moved, development and mill throughput. Through this focus, gold production is [...]
