Catalyst Metals (CYL) Diggers & Dealers Mining Forum 2025 summary

Leadership and Team Expertise

• CEO and key team members have deep experience in mining finance, operations, and exploration.

• Joint venture with Hancock Prospecting and experienced exploration leadership.

Resource Growth and Operational Progress

• Trident resource updated to 811,000 oz at 5.0 g/t, with a 105% rise in indicated resources since 2023.

• Indicated resource increased by over 100% and grade by 40% in the last six months.

• Resource additions achieved at $70/oz, with historical costs around $1,600/oz, highlighting strong margins.

• Group reserves stand at 0.9Moz @ 2.9g/t as of June 2024, with resources of 3.5Moz @ 3.1g/t as of August 2025.

• Group-wide reserves and resources are diversified across multiple deposits, supporting long-term production and growth.

Strategic Objectives and Project Pipeline

• Targeting reserve growth from 1 million to 2 million oz and production from 100,000 to 200,000 oz/year.

• Operating two large gold belts with a plan to organically increase production from ~108koz in FY25 to ~200koz annually over three years, aiming to lower long-term costs to ~A$2,000/oz.

• Five key deposits form the basis for production growth, with two in operation and two under development.

• Two new mines, Trident and K2, are under development, providing a clear pathway to the 200,000oz annual production goal.

• Old Highway acquisition adds 206,000 oz resource, with permitting and expansion plans underway.