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Catalyst Metals Ltd.
Summary
| Project: | Four Eagles | |
|---|---|---|
| Deposit: | Boyd's Dam | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/7/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-5-2020: Catalyst Metals Ltd. announces an Exploration/Drilling Update report for its Boyd's Dam deposit at the Four Eagles project. Fire assays of previous assays incl. 25m @ 23.03ppm Au from 99m. Catalyst Metals Limited (Catalyst or the Company) (ASX: | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bruce Kay (Internal) | |
| ABSTRACT: | Catalyst Metals Limited (Catalyst or the Company) (ASX: CYL) has today received confirmatory fire assays for two very high grade intervals in drill hole FERC284 at the Four Eagles Gold Project that had assayed previously in excess of 100g/t Au. This represents a significant increase in the intersection contained in the ASX announcement dated 6 May 2020. The best intersection has now been increased to 25 metres @ 23.0g/t Au from 99 metres downhole. Depending on the cut-off used, this broader zone contains 11 metres @ 48.2g/t Au or 3 metres @ 160.6g/t Au. The aqua regia AAS method is not optimum for values in excess of 100g/t Au and so as is normal practice, these high-grade assays have been re-assayed using a fire assay and gravimetric finish (ALS method FA-FUSGV1 and Au-GRA21). These updated results were received only after the previous announcement was made. This ASX announcement is therefore an update to the announcement of 6 May 2020 with the only change being the revised assays which have been incorporated into Figure 3a and Figure 4 and to Table 1b of Appendix 1 of this announcement. | |
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