• Potential for Trident Resource to continue to grow
• Trident is the largest of the five mines to be developed as part of Catalyst's plan to increase annual gold production at Plutonic
• Exploration at Trident has continued to be successful, with drilling targeting conversion of Inferred Resources and testing extensions of the known mineralisation

Catalyst Metals Ltd is pleased to report drilling results at the Trident deposit, located on the Plutonic Gold Belt. Results from the most recent drilling have been focussed on Resource infill drilling and extension drilling at the edges of the current Resource. Many of these intercepts lay outside of the Resource envelope, indicating the potential for Trident Resource to continue to grow. Trident is an underground deposit located 30km north-east of the underutilised Plutonic processing plant and is the largest of the five mines to be developed as part of Catalyst's plan to increase annual gold production at Plutonic from ±100koz to ±200koz. Exploration at Trident has continued to be successful, with the drilling targeting conversion of the Inferred Resourced and testing extensions of the known mineralisation. The drilling has delivered a Resource base which will underwrite a 10 year mine plan at ±60koz per annum, and Catalyst expects continued drilling will convert this Resource base into Reserves. Catalyst's business plan is to have multiple ore sources to feed the Plutonic processing plant, and drilling at other prospects like Cinnamon, Old Highway and K2 have become important as Trident has such an established mine life.

Catalyst is targeting growth in gold production at the Plutonic Gold Belt from ±100koz pa to ±200koz pa, to be sourced from five underground mines - Plutonic Main, Plutonic East, Trident, K2 and Old Highway.

Once the Trident underground mine is established, a further drill program will be completed to fill out the tail end of the +10 year mine life plan. Exploration focus has also turned to growing mine lives at other deposits such as Old Highway, K2 and Cinnamon, in an effort for Catalyst to diversify into as many ore sources as possible.