Catalyst Metals Limited (AU:CYL) has released an update.
Catalyst Metals Limited reports a record-breaking quarter with its Plutonic and Henty mines producing 24,576oz and 6,926oz of gold respectively, marking the company’s most productive quarters since acquisition. Financially, the company is robust with $37m in cash and bullion, a strong liquidity position of $45m, and minimal debt from a manageable gold loan. The company is also on a clear growth trajectory, with the development of Trident and Plutonic East setting the stage for a potential increase in annual production to 200koz in the near future.
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