CYL 6.25% $2.72 catalyst metals limited

everton moly mine

  1. 12,188 Posts.
    Catalyst acquired the right to earn up to 90% of the Everton molybdenum project located east of Wangaratta
    in Victoria. It contains the historic Everton Molybdenite Mine, one of the largest producers of molybdenum
    in Australia to date. It treated approximately 21,000 tonnes ore at an average grade 1.40% MoS2 (8392ppm
    Mo) and research of historic mine records show that the annular-shaped ore zones were expanding in size
    with depth. Importantly, Catalyst has completed geological mapping of the project which has reinforced the
    significant potential of the project. This basic technical work has never been previously completed and this
    reinforces the Companys view that the project is remarkably underexplored.
 
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$2.72
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