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Catalyst Metals Limited ASX Code:CYL
Catalyst Metals Limited is a dedicated mineral explorer whose prime focus is the Minnie Creek project located 242 km north east of Carnarvon in Western Australia. Within the project area is the Minnie Springs prospect which is a new 
molybdenum discovery made in 1995.
Based on previous drilling and exploration results as well as work to date by Catalyst, the discovery offers significant potential for the delineation of a substantial molybdenum resource. The Minnie Creek project area also contains a large number of other prospects with identified potential for copper, gold and uranium deposits.
Molybdenum is a metallic element used primarily as an alloying agent in the steel industry to increase hardness and corrosion resistance. Molybdenum is also being increasingly used in the petroleum industry, particularly as a catalyst to remove organic sulphurs in coal-to-liquid and gas-to-liquid processes.
