Shares of the Australian gold mining company, Catalyst Metals (ASX:CYL), saw a significant rise of up to 4.17% reaching A$0.500, the highest it has been since September 14.

This represents the company’s largest intraday percentage gain since September 8.

Catalyst Metals (ASX:CYL) and Wolf Contracting have announced that they have resolved a legacy dispute.

The company also pointed out that it would be open to a potential future partnership with Wolf as a contracting partner at the Plutonic Gold Belt, located in Western Australia.

However, as of the time of the last closing, the stock was down 59.3% year to date.

Catalyst Metals (ASX:CYL) is a renowned Australian gold mining company.