Catalyst Metals (ASX:CYL) confirmed the expected mineralization within the resource at the Trident project in Western Australia, with the release of the second set of infill drilling results, according to a Wednesday filing with the Australian bourse.
Forty-one holes were drilled from the surface targeting the inferred resource at depths ranging from 200 meters to 350 meters, indicating potential for conversion to indicated category, the filing said.
Additionally, 10 holes were drilled to target areas outside the resource, according to the filing.
Shares were down 8% in morning trade on Wednesday.
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