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Catalyst Metals Ltd.

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Summary

Project:

Tandarra

Deposit:Tomorrow Zone
Location:Australia
Commodities:Gold
Date:4/6/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:6-4-2020: Catalyst Metals Ltd. announces an Exploration/Drilling Update report for its Tomorrow Zone deposit at the Tandarra project. JV with Navarre Minerals - drilling results incl. 31m @ 1.2g/t Au from 56m. Catalyst Metals Limited (Catalyst) (ASX:CYL)
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 the results of initial air core reconnaissance drilling testing the extensions of goldmineralised trends towards the southern and northern boundaries of the project tenement Retention Licence (RL) 006660 (Figures 1 and 2). RL006660 is owned in joint venture by Catalyst (51%) and Navarre (49%). Catalyst is 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, postmineralisation sediments of the Murray Basin (Figure 1). The new zones of gold mineralisation discovered at Tandarra occur in a structural zone of folds and faults which are interpreted to intersect the Whitelaw Fault at depth (Figures 2 and 3).

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