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Catalyst Metals Ltd.
Summary
| Project: | Four Eagles | |
|---|---|---|
| Deposit: | Boyds Dam | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/3/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-9-2019: Catalyst Metals Ltd. announces an Exploration/Drilling Update report for its Boyds Dam deposit at the Four Eagles project. Drilling results incl. 11.0m @ 37.20g/t Au from 145.0m. Catalyst Metals Limited (Catalyst or the Company) (ASX: CYL) is pl | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bruce Kay (Internal) | |
| ABSTRACT: | Catalyst Metals Limited (Catalyst or the Company) (ASX: CYL) is pleased to advise that diamond drilling at the southern end of the Boyd’s Dam structure at the Four Eagles Gold Project has intersected high grade gold mineralisation approximately 200 metres down plunge from the known gold zones. Drillhole FEDD031 intersected 11 metres @ 37.2g/t Au from 145 metres downhole in an area where no gold mineralisation is present near surface confirming that the Boyd’s Dam mineralisation is open to the south. The intersection contained two intervals greater than 150g/t Au with a best assay of 247g/t Au. A narrow high-grade gold intersection (1.0 metres @ 24.3g/t Au was also recorded in FEDD029). Other results were also received for diamond drillholes at Pickles and for geotechnical purposes at Boyd’s Dam. The Four Eagles Gold Project is situated along the Whitelaw Gold Corridor which is considered to be a major structural control of gold mineralisation north of Bendigo. Catalyst manages the entire Whitelaw Gold Belt and has interests in thirteen Exploration Licences and two Retention Licences which extend for 75 kilometres along the Whitelaw and Tandarra Faults north of Bendigo in Victoria and in other areas north of Fosterville and Inglewood gold fields (Figure 1). | |
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