General News
24 November, 2024
Mine tunnel talks drag on with State Government
CATALYST Metals is into a second year of talks with the Victorian Government to build an exploration tunnel for its Four Eagles project. CEO James Champion de Crespigny told the company’s annual meeting last week: “Catalyst is working closely...
CATALYST Metals is into a second year of talks with the Victorian Government to build an exploration tunnel for its Four Eagles project.
CEO James Champion de Crespigny told the company’s annual meeting last week: “Catalyst is working closely with the Victorian Government to secure approvals for an underground exploration tunnel.”
The company in June 2023 said stacked, repetitive mineralisation had the potential to enhance project economics and could eventually all be mined from the one access tunnel. It has been in talks with the State Government for more than 16 months.
Mr de Crespigny told the annual meeting that the Plutonic Gold Belt in Western Australia would be a focus for the company in the short to medium term while its Loddon activities remained a core asset.