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ASX:CYL

22 stories mentioning ASX:CYLUpdated 20m ago

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Asia

Catalyst Metals Posts Higher Gold Production in March Quarter; Shares Down 4%

Catalyst Metals (ASX:CYL) produced 26,127 ounces of gold in the March quarter at an average all-in sustaining cost (AISC) of AU$2,901 per ounce produced and AU$2,853 per ounce sold, according to a Wednesday filing with the Australian bourse.The company produced 24,329 ounces of gold at an average AISC of AU$2,765 per ounce in March 2025, an earlier filing showed.The company reaffirmed its fiscal-year production guidance of 100,000 ounces to 110,000 ounces, and upgraded its AISC forecast to AU$2,750 per ounce to AU$2,950 per ounce of gold sold from the previous range of AU$2,200 per ounce to AU$2,650 per ounce, the filing said.Shares fell 4% in morning trade on Wednesday.

ASX:CYL
Asia

Catalyst Metals Completes Grade Control Drilling at Western Australia Deposit

Catalyst Metals (ASX:CYL) said it has completed grade control drilling for the first 15 months of underground production at its Trident underground deposit in the Plutonic Gold Belt, Western Australia, according to a Thursday Australian bourse filing.The results were up to 17 meters at 42.7 grams per tonne (g/t) gold and nine meters at 17 g/t gold.The company said the soon-to-be-completed open pit at the Trident gold deposit brings closer a step change in Plutonic's annual gold production to about 200,000 ounces from roughly 100,000 ounces, with underground gold production from Trident forecast to commence in 2027.Catalyst Metals said Trident underground reserves stand at 397,000 ounces at 5 g/t gold and resources at 795,000 ounces at 5.3 g/t, with an anticipated annual production rate of about 60,000 ounces for about 10 years.The company has now developed three mines on the Plutonic Belt, including Plutonic East, the Trident open pit, and K2, with Trident underground set to become the fourth.

ASX:CYL

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