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 DISSEMINATED EX-SULPHIDIC MATERIAL FROM LAURISTON

An epizonal gold-antimony-arsenic mineralized project

which has the best potential to be the southern extension of the Fosterville Goldfield Belt, outside of Kirkland Lake’s extensive tenements.

Lauriston tenement contains the south extension of the Whitelaw Fault & Gold Belt

which is a key feature of the Bendigo Goldfield (22Moz) while Catalyst Metals are exploring the 75km northern extension of this structure with significant success.

“Vectoring in on the highly prospective major Redesdale, Whitelaw, and Taradale Faults projected underneath never explored thin young basalt cover.” – Doug Kirwin

PROJECT SUMMARY

  • Granted Area of 383 km² in five 5-year licenses
  • Applied for in early 2017 – A further 283 km² in application
  • Sparse modern exploration data – recent very encouraging geochemical surveys and drilling.
  • Significant past hard rock production 233,215 oz Au @ 20.7 g/t Au
  • Excellent structural setting at the edge of the Selwyn Block & at the southern extension of the key Redesdale Fault zone.
  • Lauriston – Very encouraging initial geochemical and shallow drilling data – Au-Sb-As grades and mineralized widths similar to the early Fosterville goldfield exploration
  • High-grade goldfields with successful production histories
  • Gold mineralization hosted by Ordovician slates and sandstones as well as igneous dykes in fault zones
  • Prospects with definite epizonal
    Au-Sb-As mineralization established by FSX exploration.
  • Prospect areas continue with encouraging wide low-grade drilling & trenching results, typical of these systems
  • Land holding increased with the addition of new tenements in the highly prospective belt.

SIGNIFICANT HARDROCK MINE PRODUCTION

RUSSELL’S REEF LONG SECTION

  • Russell’s Group of Mines with mine plans
  • No drilling
  • Consistent stoping,  consistent grade.
  • Stacked trough reefs were worked to 330m depth.
  • These structures continued to repeat at depth.
  • The mines produced 45,098 tons for 33,500 ounces at a grade of 22.7 g/t Au and at 105 ounces per vertical meter.
  • Parallel fold related reef systems occur
  • Stibnite reported

DRILL TARGETS AT LAURISTON

PREMIER RIDGE

(Au-Sb-As Fosterville Style)

→ Percussion drilling as follow up to previous trenching (eg 24m @ 0.99g/t)
→ Size potential @ 1000 meters long = ~62500 tonnes per vertical meter
→ Exploring for high grades within 1000m depth, as at Fosterville

O’CONNELL’S FIND

(Au-Sb-As)

→ Percussion drilling of trenching targets (eg 15m @ 0.8g/t)
→ 2km mineralized quartz porphyry dyke as at Robbin’s Hill, Fosterville

ENERGETIC REEFS

(Unknown Signature)

→ Traced and partially mined saddle reefs for 2.5km length NW of Russell’s Reef
→ Produced 54667t for 31626oz to 114m at 277 oz per vertical meter at 17.7g/t
→ Percussion drilling along the line of workings for both open cut and underground targets

TROJAN & COMET PROSPECTS

(Au-As)

→ Percussion drilling follow up on previous drilling and trenching results presented below

RUSSELL’S REEFS

(Au-Sb-As)

→ Initial percussion drilling of surface projected positions of mineralized shoots

WYNDHAM REEFS

(Unknown Signature)

→ Traced and partially mined saddle reefs for 3.7km length east of Russell’s Reef

SIGNIFICANT HARDROCK MINE PRODUCTION

PROSPECT/MINE HOLE ID FROM (m) LENGTH (m) GOLD GRADE (g/t) NOTES
ENERGETIC REEFS EN007 44 13 1.0 Broad supergene gold mineralization encountered surrounding the main workings open laterally with possible multiple sources.
EN007 51 8 2.3
EN007 39 10 1.4
NEW TROJAN REEFS TR05 27 11 0.8 FSX DRILLED 18 HOLES FOR 1597m. Further drilling planned when drill permits granted
TR06 51 13 0.5
TR10 27 6 0.9
COMET REEFS CRC01 64 10 2.1 FSX DRILLED 17 HOLES FOR 1997m. Further drilling planned when drill permits granted
CRC04 105 13 1.2
CRC09 41 11 1.0
CRC14 77 10 0.9
CRC15 58 9 1.4
O'CONNELL'S REEFS OCF02 14 10 1.2 Formerly drilled by four angle RC holes. FSX plan further drilling.
OCF04 10 10 1.6
OCFB Trench 0 15 0.8