Catalyst Metals Limited (AU:CYL) has released an update.
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Catalyst Metals Limited has updated its Mineral Resource Estimates for the K2 and Plutonic East underground mines, indicating substantial gold reserves that are poised to boost the company’s near-term development and production plans. The K2 site boasts 81,000oz of gold, while Plutonic East has 182,000oz, both of which benefit from existing infrastructure, promising low start-up costs and efficient utilization of the Plutonic mill’s excess capacity.
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