Catalyst Metals Limited (Catalyst) (ASX:CYL) and Navarre Minerals Limited (Navarre) (ASX:NML) are pleased to announce the results of initial air core reconnaissance drilling testing the extensions of goldmineralised trends towards the southern and northern boundaries of the project tenement Retention Licence (RL) 006660.

RL006660 is owned in joint venture by Catalyst (51%) and Navarre (49%). Catalyst is manager of the joint venture.

The Tandarra Gold Project is situated along the Whitelaw Fault, about 40 kilometres north of Bendigo. The Whitelaw Fault is considered to be the major structural control of gold mineralisation at Bendigo, extending northwards to the Murray River, concealed beneath a blanket of younger, postmineralisation sediments of the Murray Basin. The new zones of gold mineralisation discovered at Tandarra occur in a structural zone of folds and faults which are interpreted to intersect the Whitelaw Fault at depth.

RECONNAISSANCE AIR CORE DRILLING PROGRAMS

Drilling programs were undertaken beyond the limits of previous exploration to trace the goldmineralised structural zones towards the southern and northern limits of the tenement.

SOUTHERN EXTENSION

86 angled air core (AC) drill holes, for a total of 9,956 metres, spaced 50 metres (E-W) along traverses spaced at approximately 200 metres (N-S) were drilled across the projection of the Tomorrow and Macnaughtan gold trends. Drilling was more closely spaced (25-30 metres) immediately south of the Tomorrow zone.

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