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Catalyst Metals Limited ( (AU:CYL) ) has issued an update.
Catalyst Metals Limited is advancing its redevelopment of the Plutonic East underground mine, part of its broader strategy to double gold production across the Plutonic Gold Belt over three years. The company has commenced development drives and grade control drilling at Plutonic East, aiming to bring multiple ore sources online, which will feed into the existing processing plant, thereby enhancing operational efficiency and reducing risk.
More about Catalyst Metals Limited
Catalyst Metals Limited is a gold mining company operating primarily in Central Western Australia and Tasmania. Its flagship asset is the Plutonic Gold Belt, which includes the Plutonic Gold Mine. The company also owns the Henty Gold Mine and holds significant exploration interests near the Bendigo goldfield.
YTD Price Performance: 33.33%
Average Trading Volume: 992,519
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$777.4M
See more data about CYL stock on TipRanks’ Stock Analysis page.
