CYL 6.25% $2.72 catalyst metals limited

why the sudden interest ?, page-3

  1. 12,188 Posts.
    Something that caught my eye in the quarterly.
    CYLs mc is less than 1.5 million

    High Tungsten Grades at Nina Prospect
    In the previous quarter new zones of visually extensive bedrock and residual soil fluorescence
    associated with scheelite were delineated at the ‘Nina’ prospect, located approximately 15 km
    north from the Minnie Springs molybdenum prospect (Figure 1). Rock samples of outcrop were
    collected from a selected and minor portion of the soil geochemistry anomaly, from which all
    assays including XRF finishes for high grade tungsten (W) have been received. Overall, the
    potential of tungsten (W) mineralisation visually identified at Nina has been confirmed with the
    return of selective grab samples up to >10%W, and composite samples across vein faces which
    included: 1.5m @0.4%W, 1.2m @0.13%W and 0.4m @0.7%W.
    Mineralisation occurs either as coarse grained quartz - scheelite veins spatially associated with
    meta-dolerite units or as disseminations within less well defined pegmatite and altered pelitic
    bodies. The overall extent, grade and setting of the mineralisation indicates that potentially
    significant zones of tungsten may occur at Nina. Further work is being planned to test this.
 
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$2.72
Change
0.160(6.25%)
Mkt cap ! $598.3M
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$2.55 $2.73 $2.55 $1.743M 656.5K

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