Catalyst Metals has been actively exploring in Victoria since 2015, predominately focusing on the Four Eagles joint venture gold project in regional Victoria. Catalyst holds a 50% stake in the project with Gold Exploration Victoria, a wholly-owned subsidiary of Gina Rinehart’s Hancock Prospecting.
All the company’s tenements are situated along the 100km-long Whitelaw Fault which is considered important in the genesis of gold deposits that have formed adjacent to the structure.
Gravity data suggests this large fault structure controlled the formation of the Bendigo gold deposits, as well as gold mineralisation at Four Eagles.
Earlier this week, the company recorded the highest-ever assay result at the project within the Boyd’s Dam zone, intercepting 1,380g/t over a 1m interval during drilling.
