Catalyst Metals Limited announced that recent results from a drilling program have returned high grades at shallow depths directly above the Trident Deposit (Trident), including peak grades of 35m @ 7.6g/t Au and 18m at 5.0g/t Au (true widths 8.8m at 7.6g/t and 3.9m at 5.0 g/t respectively). The information in this report that relates to exploration results is based on information compiled by Mr. Paul Quigley, a Competent Person, who is a registered practicing geologist of the Australian Institute of Geoscientists. Mr. Quigley is an employee of the Company and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code).

Highlights status, Located in the Marymia - Plutonic Greenstone Belt 218 kmnortheast of Meekatharra in the Midwest mining district in WA, M52/217 - granted tenement in good standing., The tenement predates Native title interests but is covered by the Gingirana Native Title claim., The tenement is 100% owned by Vango Mining Limited and subsidiary Dampier (Plutonic) Pty Ltd., Gold production will be subject to a 2.5% government royalty., Exploration done by other parties, Comprehensive drilling of the deposit was first undertaken by Resolute Limited from 1995 to 1998 completing approximately 263 RC and 37 DD holes., From1999 Homestake and then later Barrick Gold (2002) completed numerous drilling campaigns at Trident., Dampier Gold completed RC and DD programs at Trident from2012 until 2014 when Vango Mining took over the project completing 6 DDholes for 946 metres plus three RC holes for 747 metres., Catalyst consolidated the belt in 2023 following the successful acquisition of Vango Mining and the merger with Superior Gold Inc., Catalyst has undertaken in 2023 a comprehensive infill and extensional DD programwhich has been included in an MRE update., Geology, Gold mineralisation at Trident Extended is orogenic, hosted within a sheared contact zone in ultramafic rocks. High grade 'shoots' of mineralisation are associated with flexures in the mineralised host shear zones between steeply dipping structures. Location of drillholes based on historical reports and data, originally located on surveyed sites, and DGPS., Northing and easting data generally within 0.1 maccuracy, RL data +-0.2 m, Down hole length =+- 0.1 m, Data aggregation methods, Drillhole data has been aggregated to provide significant intervals for reporting.

Aggregation adopts a 0.5g/t cutoff and will accept up to 3mof continuous subgrade samples as internal dilution., Relationship between mineralisation widths and intercept lengths, widths of mineralisation have been reported as both downhole intervals and true width and not as calculated horizontal widths, due to the complexity of the geometry of mineralisation., True width is estimated using a nominal mineralisation orientation of 52o-->340o, Diagrams, Diagrams in this release are as follows: Trident long section showing latest drill results above the underground deposit, Balanced reporting, Drillholes that did not provide significant intervals (as defined at a 0.5g/T cutoff) have been included in tabulations with the maximumgrade achieved., Drill holes were reported.