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Catalyst Metals (ASX: CYL) has reported outstanding drilling results at the Cinnamon-Cobalt trend on the Plutonic Gold Belt, revealing significant new zones of high-grade mineralisation. The latest program intersected 33m at 7.4g/t gold below the existing Cinnamon Resource and 7m at 29.8g/t gold, doubling the deposit’s known strike length. Additional strong results include 22m at 14.3g/t, 37m at 4.2g/t, and 17m at 4.1g/t gold, all located outside the current 145koz Resource area, indicating strong potential for expansion both along strike and at depth.
These discoveries open multiple new target areas and suggest Cinnamon could become a sixth ore source for Catalyst’s growing Plutonic operations. With production on the Plutonic Belt expected to rise from ~100koz to ~200koz annually, these results highlight the broader exploration upside across Catalyst’s extensive Western Australian gold portfolio.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.