Catalyst Metals Limited (AU:CYL) has released an update.
Catalyst Metals Limited has successfully transformed from being an exploration company to a significant gold producer over the past three years, bolstering its output from around 70,000 to over 110,000 ounces annually while reducing costs. The company is on a strategic path to further amplify its gold production to exceed 200,000 ounces per year by optimizing its existing resources and the unused capacity of its mills. Catalyst operates the Plutonic Gold Mine in Western Australia and the Henty Gold Mine in Tasmania, with exploration activities underway in Bendigo, Victoria.
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