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, aiming to boost its gold production. The company has reported promising initial results from its Hermes drill program, with plans to further explore and extend its resources. Over the next 12 to 18 months, Catalyst aims to double its production to 200,000 ounces of gold annually by bringing new mining areas into operation with low capital investments.
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