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Catalyst Metals Limited (ASX:CYL)

ALERT: Price-sensitive ASX Announcement for CYL
Current share price for CYL : $6.180 0.68 (12.36%)+
Announcement
Release
31 Jul 2026 8:56AM
Price at Release
$5.500
Full Release
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Summary
Catalyst Metals Limited's quarterly report for June 2026 highlights significant achievements and ongoing projects. The company focuses on sustaining a production rate of ±200koz of gold annually, with a target to grow Reserves to ±2Moz. During the June quarter, the Plutonic Gold Belt produced 31,886 ounces of gold at an AISC of A$2,666/oz, with ore sourced from multiple mines including the newly developed K2 mine. The company is advancing projects such as the Trident and Old Highway, and exploring new opportunities at the Cinnamon site. Financially, Catalyst reported a cash build of A$54 million, with cash and bullion totaling A$331 million. Key investments were made in exploration and infrastructure improvements, with Catalyst remaining debt-free and well-positioned to increase its production capabilities.
Key Points
  • Plutonic Gold Belt produced 31,886oz of gold at AISC of A$2,666/oz.
  • Ore sourced from four mines including Plutonic Main, East, Trident, and K2.
  • Annual gold production for FY26 was 103,761oz.
  • Cash build of A$54 million; cash and bullion at A$331 million.
  • Catalyst remains debt-free with a liquidity of A$431 million.
  • Exploration at Cinnamon increased high-grade zone to +700m.
  • Projects like Trident and Old Highway focus on increasing production and reserves.
  • Ongoing infrastructure improvements at Plutonic processing plant.
  • Strategic focus on growing Reserves to ±2Moz over the long-term.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.