Catalyst Metals (ASX:CYL) has intersected very high grade gold from recent drilling including up to 3 metres at 59 grams per tonne gold at the Discovery Prospect of its Four Eagles Gold Project in Victoria.
The program also confirms the Discovery Prospect now extends for about 2.5 kilometres which is very promising.
This high grade intersection in a semi massive quartz vein just below the basement contact is situated 1.7 kilometres north of the discovery hole, which intersected 6 metres grading 82.7g/t gold from 128 metres.
In addition, another totally separate sample from the same interval assayed 3.0 metres at 7g/t gold.
This suggests that coarse gold may be present in the area.
Many of the intersections in the Discovery Prospect are associated with quartz veining which also limits the penetration ability of aircore drilling.
As a result, angled diamond or reverse circulation drilling will be required to determine its orientation and continuity.
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