Catalyst Metals Limited announced that the 2017 drilling campaign has commenced at the Four Eagles Gold Project and is expected to continue until April 2017 to May 2017. The initial focus will be on the Boyd's Dam to Boyd North trend where previous exploration has shown potential gold mineralization over a 1.6 kilometer strike length. Catalyst retains a 50% interest in the Four Eagles Gold Project whilst Gold Exploration Victoria Pty Ltd. is earning up to a 50% interest from Providence Gold and Minerals Pty Ltd. by spending $4.2 million on exploration. GEV has already earned a 25% interest in the Four Eagles Gold Project by spending $2.1 million and should complete the remaining expenditure during 2017. Catalyst manages the entire Whitelaw Gold Belt and has interests in nine Exploration Licenses which extend for 75 kilometers along the Whitelaw and Tandarra Faults north of Bendigo in Victoria. This program will involve the drilling of angled large diameter air core holes on the Hayanmi and Boyd's Dam gold structures to give a better understanding of the shapes of the gold mineralization. Approximately 10,000 metros of drilling will test strike lengths of 1.2 kilometers on Hayanmi and about 900 meters on Boyd's Dam. Drill holes will be sampled at one-meter intervals from surface with sample splitting prior to dispatch to the laboratory. Assays should be available progressively between February 2017 and June 2017. Drilling has commenced at Boyd's Dam and will test a strike length of about 800 meters on traverse spacings of about 50 meters. The objective is to better define the mineralized shapes to enable modelling of the gold zones. Limited drilling was possible at the Boyd's Dam prospect during 2016 due to early sowing of grain crops and the onset of wet weather. The RC Blade/Hammer program of about 3,500 meters has resumed and will test a vertical panel down to 120 meters depth over a strike length of approximately 900 meters.