Catalyst Metals (CYL)

Shares / Stock Code

CYL

Stock Exchange / Sharemarket

Australian Securities Exchange

Catalyst Metals Limited (CYL) is a dedicated mineral explorer whose prime focus is the Minnie Creek project located 242 km north east of Carnarvon in Western Australia. Within the project area is the Minnie Springs prospect which is a new molybdenum discovery made in 1995. Based on previous drilling and exploration results as well as work to date by Catalyst, the discovery offers significant potential for the delineation of a substantial molybdenum resource. The Minnie Creek project area also contains a large number of other prospects with identified potential for copper, gold and uranium deposits.

Molybdenum is a metallic element used primarily as an alloying agent in the steel industry to increase hardness and corrosion resistance. Molybdenum is also being increasingly used in the petroleum industry, particularly as a catalyst to remove organic sulphurs in coal-to-liquid and gas-to-liquid processes. Catalyst Metals Limited (CYL)'s projects include nina tungsten prospect, everton molybdenum project and trig hill prospect. The nina prospect is located approximately 15 kilometer north of the Minnie Springs molybdenum prospect. The everton molybdenum project consists of a 67square kilometer area covering the everton molybdenite field, which includes the everton mining operation. The trig hill prospect is located approximately 2.5 kilometer south of the everton mine. The Company operates in the mineral exploration segment in Australia.

Catalyst Metals (CYL) Products and Services

  • Molybdenum exploration

Catalyst Metals (CYL) Locations and Subsidiaries

Catalyst Metals Head Office
Emerald Terrace, 18,
West Perth, WA 6005

Phone: 08 9383 2825
Fax: 08 9284 5426

Catalyst Metals (CYL) Share Price

Submitted by ASX Listed Company on 6 March, 2010 - 21:13

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