Catalyst Metals (CYL) 2025 Conference Transcript

Summary of Catalyst Metals Conference Call Company Overview - Company: Catalyst Metals - CEO: James Champion DeCrepney - Key Team Members: Craig Dingley (Corporate Development), Sylvain Guillaume, Mick Garbeline (Operations) [1][2] Industry Context - Sector: Mining, specifically gold mining - Key Asset: Plutonic Belt, with a focus on increasing gold reserves and production [4][7] Core Points and Arguments - Resource Update: Catalyst announced an update to the resource on the Plutonic Belt, reporting a total of 800,000 ounces at an average grade of 5 grams per tonne. The indicated resource has increased to over 500,000 ounces at 6.5 grams per tonne [3][4]. - Production Goals: The company aims to increase reserves from 1,000,000 ounces to 2,000,000 ounces and boost annual gold production from 100,000 ounces to 200,000 ounces [4][8]. - Financial Position: Catalyst has a strong balance sheet with approximately $330 million in liquidity and $230 million in cash, with no debt [7]. - Cost Efficiency: The company has managed to bring resources into the indicated category at a cost of $70 per ounce, significantly lower than previous studies that estimated costs around $1,600 per ounce [5][6]. - Exploration Strategy: Catalyst has focused on drilling and exploration, with 10 drill rigs currently operational, which is expected to enhance resource discovery and increase shareholder value [14][18]. Additional Important Insights - Historical Context: The Plutonic Belt has had 14 different owners over the past 35 years, which has led to inconsistent geological focus. Catalyst's stable management aims to capitalize on this by investing in exploration and development [19]. - New Acquisitions: The company has recently acquired the Old Highway deposit for approximately $30 million, which has a resource of 200,000 ounces at 4.5 grams per tonne [10]. - Future Projects: Catalyst is also exploring the Baltic deposit and the K2 deposit, with plans to expand mine life and production capabilities [15][17]. - Regulatory Environment: The company is seeking approval from the Victorian government to proceed with underground operations, which is seen as increasingly likely [21]. Conclusion - Catalyst Metals is strategically positioned to enhance its gold production and reserves through focused exploration and efficient resource management. The recent resource update and strong financial position provide a solid foundation for achieving its ambitious production targets in the Plutonic Belt [24].