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Catalyst Metals Ltd.
Summary
| Project: | Four Eagles | |
|---|---|---|
| Deposit: | Boyd's Dam | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/12/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-3-2019: Catalyst Metals Ltd. announces an Exploration/Drilling Update report for its Boyd's Dam deposit at the Four Eagles project. Drilling results incl. 8m @ 174.5g/t Au from 84.0m. Catalyst Metals Limited (Catalyst or the Company) (ASX: CYL) is plea | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bruce Kay (Internal) | |
| ABSTRACT: | Catalyst Metals Limited (Catalyst or the Company) (ASX: CYL) is pleased to announce further results from reverse circulation (RC) drill holes at the Boyd’s Dam Zone on the Four Eagles Gold Project. One of these holes, FERC 236, contained bonanza grade gold mineralisation assaying 1,380g/t Au over a one metre interval with abundant visible gold within a broader zone of 8 metres @ 174.5g/t Au. This is the highest assay result ever recorded by Catalyst and panning of the interval showed coarse and fine gold in association with quartz and arsenopyrite. Several other holes contain high grade gold intersections. Six of these holes contained strong gold intersections to complement the results of earlier holes reported in June 2018 and confirm a zone of gold mineralisation in the top 100 metres with a strike length of at least 500 metres. The zone is still open to the north where widely spaced drilling has shown high grade gold mineralisation at depths of 20 to 40 metres (Boyd North) and may plunge southward below the limit of previous drilling. Best intersections from the recent programme are summarised below | |
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