Latest Plutonic Gold Belt News

Catalyst Metals has cut FY27 production guidance to 90,000-105,000 ounces after deferring Trident and Old Highway output to FY28. The downgrade comes despite a stronger balance sheet, a 2Moz Plutonic Reserve base and A$40 million of quarterly cash generation.

Catalyst Metals delivered record Plutonic Gold Belt production and a sharp lift in earnings during FY2026, while its Ore Reserve base climbed to 1.971 million ounces. The company now has four operating mines, a large cash buffer and a pipeline aimed at doubling annual production, but safety performance and execution remain important tests.

Catalyst Metals has established about 2Moz of probable Ore Reserves across the Plutonic Gold Belt, enough to underpin a targeted 200koz of annual production for roughly 10 years. The milestone strengthens the company’s growth case, but delivery still depends on mine development, permitting and conversion of additional resources.

Catalyst Metals has converted the Cinnamon underground discovery into a maiden 232koz Ore Reserve, supporting a 7.5-year mine plan at the Plutonic Gold Belt. The deposit’s total Resource has grown 370% to 541koz, although part of the production target still relies on Inferred material.

Catalyst Metals' latest infill drilling at the Cinnamon gold deposit delivers thick, high-grade intercepts, underpinning plans for bulk underground mining and supporting an imminent Resource and Reserve update.

Catalyst Metals has secured forward contracts for 30,000 ounces of gold at a fixed price of A$6,075 per ounce, covering about a quarter of its upcoming production and providing a buffer against price swings starting August 2026.

Catalyst Metals has delivered a record 31,812 ounces of gold in the latest quarter and 104,000 ounces for FY26 from the Plutonic Gold Belt, doubling quarterly production since acquisition and maintaining a strong cash position.

Catalyst Metals has completed the Trident open pit and is progressing underground development on schedule, aiming to boost gold production at its Plutonic processing plant to 200koz annually.

Catalyst Metals has nearly doubled the Trident underground gold resource to 1.1 million ounces at a robust 5.4g/t grade, underpinning a 10-year mine plan targeting 60,000 ounces annually from 2027.

Catalyst Metals has identified a capital-efficient path to increase throughput at its Plutonic Mill by refurbishing a dormant processing circuit, enhancing flexibility for its ambitious plan to double annual gold production to around 200,000 ounces.

Catalyst Metals reports a 75% expansion of the high-grade underground gold zone at Cinnamon, challenging existing geological models and supporting plans for increased production from the Plutonic Gold Belt.

Catalyst Metals continues to expand the Trident underground gold deposit with drilling results that extend mineralisation beyond current resources, underpinning a decade-long mine plan at 60,000 ounces per annum.