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Catalyst Metals (ASX: CYL) – David Baumgartel at Plutonic Gold Mine

6 June 2024VideosASX:CYL, Client Videos, Interview

Transcript

Welcome to Catalyst Metals, the Plutonic Gold Mine.

It’s a really exciting time for the Company.

We’re located two and a half hours north of Meekatharra, and as you can see, we’re on the ROM pad here with 30,000 tonnes of stope ore.

And I guess what that gives us now, which Plutonic hasn’t had previously, is optionality being able to select our blends and obviously continuous operations.

Significant stockpiles on hand now.

And really, it’s a fantastic milestone because it’s the culmination of what’s been happening underground.

You can see the results of that, and we now have the ability to selective feed into the crusher.

And 30,000 tonnes is not something that’s been a Plutonic for a long time.

The plant’s capable of doing 1.8 million tonnes per annum, and it’s got another train of 1.2 million tonnes on standby.

On top of that, we have our own airstrip, a 550 room camp and top-notch facilities.

Key achievements for the sites really been to focus on stoping ore.

In the past they’ve made up ore through development tonnes, and some of those tonnes have not contained a lot of grade.

So really it’s fantastic to see that we’ve reduced our reliance on development tonnes.

We’ve managed to up our production drill drilling stocks and been able to turn over enough stopes to deliver what we see here today.

Our focus at the moment is to ensure that the Plutonic mine continues to be the base or carry the base load for the property.

We only see upside.

We’re heading into a very exciting period here at Plutonic.

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