PERTH: Catalyst Metals Limited (ASX: CYL) has announced the acquisition of the Old Highway Gold Project from Sandfire Resources Limited for A$32.5 million in cash. The development-ready project, located 40 kilometers southwest of Catalyst’s Plutonic processing plant in Western Australia, is expected to bolster the company’s gold production with low capital intensity. Key Details of…
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Catalyst Metals to offer a bid to acquire Vango Mining
SYDNEY, AUSTRALIA: Catalyst Metals Limited (ASX: CYL) entered into a Bid Implementation Agreement to offer a bid to acquire Vango Mining Limited (ASX:VAN). The offer is consistent with Catalyst Metal’s strategy to control high-grade gold belts in Australia, with Vango’s highly prospective Marymia Gold Project having +40 kilometres of under-explored strike along the world-class Marymia-Plutonic…