A method of making an exhaust treatment catalyst includes dispersing a metal-based material in a first solvent to form a first slurry and allowing polymerization of the first slurry to occur. Polymerization of the first slurry may be quenched and the first slurry may be allowed to harden into a solid. This solid may be redistributed in a second solvent to form a second slurry. The second slurry may be loaded with a silver-based material, and a silver-loaded powder may be formed from the second slurry.