Catalyst Metals Limited (AU:CYL) has released an update.
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Catalyst Metals Limited has deployed six exploration drill rigs to the Plutonic Gold Belt, targeting a total of 180,000 meters of exploration drilling over the financial year. Initial results from the Hermes site, a significant resource within the belt, have shown promising high-grade gold findings. The company aims to expand resource development, potentially boosting production to 200,000 ounces of gold annually.
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