Catalyst Metals Limited (AU:CYL) has released an update.
Catalyst Metals Limited is accelerating the dewatering process at its Plutonic East underground mine, aiming for a low-cost, near-term restart by Q3 FY25, leveraging existing infrastructure and permits. With a historic resource of 522koz Au at 4.1g/t, the company is re-estimating resources, benefiting from improved operations and a strong balance sheet which allows self-funding of development projects like Plutonic East and Trident. The firm’s strategic acquisitions and effective management have positioned it for organic growth within its gold belt operations.
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