Name of the Project
Trident gold project.

Location
Eastern Gold Fields, in Western Australia.

Project Owner/s
Catalyst Metals.

Project Description
Trident has a 1.3-million-tonne ore reserve estimate at 4.5 g/t gold for 188 000 oz, which includes an openpit ore reserve estimate of 100 000 at 1.4 g/t gold for 6 000 oz. 

Supporting this estimate is a maiden mineral resource at the proposed Trident openpit of 400 000 t at 1.6 g/t for 16 000 oz gold. 

This small openpit will be the basis of Catalyst’s new development strategy. The Trident underground portal will be established within this pit. The project has a mine life of about 5.5 years. Surface mining is scheduled over seven months, with underground mining scheduled thereafter for 58 months.

Trident ore is to be trucked along the pre-existing haul road to Catalyst’s Plutonic underutilised processing plant. 
Trident will also share other infrastructure with the Plutonic operation, including administration, travel and accommodation services.

Potential exists to increase Trident’s mine life through infill drilling of 250 000 oz of inferred resources not currently included in the mine plan.

Potential Job Creation
Not stated

Net Present Value/Internal Rate of Return
At a spot case of A$3 400/oz, the project has a pretax net present value of A$198-million, at a 7% discount rate, and an internal rate of return of 327%.

Capital Expenditure
A$15-million at a spot case of A$3 400/oz.

Planned Start/End Date
First ore is targeted for mid-2025.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Catalyst Metals, tel +61 8 6324 0090 or email investors@catalystmet als.com.au.