CYL 0.70% $2.86 catalyst metals limited

Awaited DD Results, page-10

  1. 6,784 Posts.
    lightbulb Created with Sketch. 1647
    Nice update but would like to see more detail on the forward plan. Its interesting that the mineralised zones are surfacing or close to at Boyd's North. In common with Fosterville, the grades increase once you are out of the oxidised zone and also with depth. As shown in excerpt below, the reefs trend deeper as you go South (back towards Bendigo). Explains why CYL are so keen on Tandarra prospects, particularly so for the deeper reefs drilled but no assays released yet.

    "In particular, the Company’s Four Eagles and Tandarra projects, (respectively about 55 km and 40 km north-north-west of Bendigo) contain potentially economic gold occurrences similar in style to those at the historic Bendigo mines". The Whitelaw is shaping up as a very serious high grade bulk tonnage resource. DYOR.
 
watchlist Created with Sketch. Add CYL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.