Catalyst Metals (ASX:CYL) said drilling at the Old Highway gold deposit shows growth potential at depth, according to a Wednesday filing with the Australian bourse.
The drilling targeted extensions of mineralization outside of the resource envelope, the filing said.
Drilling results included 26 meters at 5.9 grams per tonne gold (g/t Au) and 21 meters at 3.2 g/t Au, the filing added.
Shares of the company fell nearly 2% in recent Wednesday trade.