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Catalyst Metals Ltd.

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Summary

Project:

Tandarra

Deposit:Macnaughtan
Location:Australia
Commodities:Gold
Date:6/30/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:30-6-2020: Catalyst Metals Ltd. announces an Exploration/Drilling Update report for its Macnaughtan deposit at the Tandarra project. Drilling results incl. 3m @ 94.9g/t Au from 87m. Catalyst Metals Limited (Catalyst) (ASX: CYL) and Navarre Minerals Limite
Resources:x
CP/QP:[Overall Report] Bruce Kay (Internal)
ABSTRACT:Catalyst Metals Limited (Catalyst) (ASX: CYL) and Navarre Minerals Limited (Navarre) (ASX: NML) are pleased to announce results of an air core (AC) drilling program comprising 42 holes of infill AC drilling on the southern extension of the Macnaughtan gold trend and 31 holes of reconnaissance AC drilling north of the Lawry Zone (Lawry discovery zone first reported to ASX on 6 April 2020). The AC drilling program is located within the Tandarra Retention Licence, RL006660, located 40km north of the historical 22Moz Bendigo Goldfield in Victoria (Figures 1 and 2). RL006660 is owned in joint venture by Catalyst (51%) and Navarre (49%) with Catalyst as manager of the joint venture. The Tandarra Gold Project is situated along the Whitelaw Fault, about 40 kilometres north of Bendigo (Figure 1). The Whitelaw Fault is considered to be the major structural control of gold mineralisation at Bendigo, extending northwards to the Murray River, concealed beneath a blanket of younger, post-mineralisation sediments of the Murray Basin (Figure 1).

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