Catalyst Metals (CYL) RIU Explorers Conference 2026 summary

Market context and company positioning

• Gold price has more than doubled since the last scoping study, significantly improving project economics.

• Institutional investment increased over the past year, strengthening the treasury for exploration and development.

• The company is now valued at around AUD 2 billion, with a focus on consolidating and expanding in the Plutonic region.

• Current production is 100–110k ounces annually at a cost base of AUD 2,500/oz, with 4 million ounces in resources and 1.5 million in reserves.

• Joint ventures and partnerships, such as with Hancock Prospecting, support growth and resource development.

Operational achievements and exploration strategy

• Over the past 2.5 years, operations have been turned around, with three new mines brought online in the Plutonic Belt.

• AUD 90 million is being invested in exploration this year to revitalize the belt and uncover new resources.

• Recent drilling success at Old Highway and Cinnamon, with significant high-grade intercepts, supports resource growth.

• The Trident deposit has doubled in size over the past year and is now approaching 1 million ounces at 5g/t.

• New land acquisition in the Bryah Basin adds 1,000 sq km, enhancing the regional footprint and synergies with existing assets.

Forward-looking plans and resource potential

• Multiple satellite deposits, including K2 and Tomahawk, are being advanced, with first ore from K2 expected soon.

• The company aims to maintain and increase production grades over the next few years as new deposits come online.

• The expanded land package in Bryah Basin is expected to provide additional ore feed and exploration upside.

• The central processing facility is projected to be supplied for 20+ years from the growing pipeline of deposits.

• Ongoing drilling and exploration are expected to continue delivering high-grade results and resource upgrades.