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Catalina Resources Ltd (ASX: CTN)

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Catalina Resources Limited (ASX: CTN) is an Australian mining exploration firm that is working to optimize the nation’s mining regions. It aims to explore and develop quality mineral resources, being well-positioned to leverage sustainable discoveries. It has a strategic emphasis on gold, base metals, lithium, and rare earth elements (REEs).

The company’s founders have a clear understanding of geological processes and modern technology. Using their creative exploration methods and focus on community involvement, they are maximizing project potential and providing concrete value to investors. 

 

 

Market Cap (11 June 2024) - $3.72M

 

Competitive Advantages:

 

Exploration Success: Recent drill results show notable improvements in the mineralization of REE and gold throughout all of its projects. The business is all set to develop robust resources, owing to its unique exploration strategies and technical prowess.

 

Proven Management Team: The management team greatly contributes a plethora of operational and technical know-how to advance its growth strategy and generate value for investors.

 

Strategic Locations: The Laverton Gold Province, Albany Fraser Orogen, Lachlan Fold Belt, and Kookynie West are among the most potential mining zones where the company has carefully placed its assets. These areas have abundant minerals that await exploration and resource development.

 

Sustainable Practices: The business follows sustainable mining best practices and is committed to reducing its environmental impact while optimizing the impact on local communities.

Recent exploration achievements for Catalina Resources Limited (ASX: CTN) show us its potential to make an impact in Australia’s most active mining regions. It is on the right track to offer stakeholders and shareholders lasting value.

 

For more updates, visit https://www.catalinaresources.com.au

People
Mr. Sanjay Loyalka, Executive Chairman Image

Mr. Sanjay Loyalka

Executive Chairman

Mr. Sanjay Loyalka boasts a wealth of experience in general management and CEO roles in the mining and metal industries.

Mr. Richard Beazley, Director Image

Mr. Richard Beazley

Director

Mr. Richard Beazley is a highly experienced mining engineer who provides the board with operational insights and technical skills.

Mr. Michael Busbridge, Director Image

Mr. Michael Busbridge

Director

Mr. Michael Busbridge is a seasoned geologist with over 40 years of mining industry expertise, well-known for his history of making gold discoveries.

Mr. Martin Bennett, Director Image

Mr. Martin Bennett

Director

Mr. Martin Bennett is a seasoned executive in the mining sector who offers the board a plethora of project management and leadership expertise.

Highlights
  • dot
    Proven track record of exploration success; notable discoveries of rare earth elements (REEs) and gold have resulted from previous drilling programs, highlighting the company's excellent technical capabilities and potential for resource expansion.
  • dot
    A portfolio of projects spread throughout important mining locations, allowing the company to take advantage of various market situations and mineral prospects.
  • dot
    Headquartered by accomplished experts with a track record in project creation, business management, and exploration.
  • dot
    The business maximizes the potential for discovery on its projects while lowering expenses and increasing exploration efficiency by using state-of-the-art technology and methodologies.
Projects

01

Laverton Gold Province

  • Situated in the highly potential Laverton Gold Province.
  • There are substantial gold and nickel deposits nearby.
  • identified targets for nickel and gold undercover.
  • Plans for testing targets through exploration drilling.

 

Numerous significant gold and nickel deposits can be found in the Laverton Project, providing intriguing chances for base metal and gold exploration. Significant gold and REE mineralization has been found during recent drilling programmes, underscoring the project's potential for resource growth.

Project 1

02

Dundas

  • Situated in the underexplored Albany Fraser Belt.
  • Reworked Archaean greenstones are revealed by geological surveys.
  • Major northwest-trending fault systems present, with possible expansions of mineralized fault systems.
  • Found that the mineralization of gold in mafic rocks.
  • World-class lithium projects are close by.

 

According to interpretations, the Dundas project in the Albany Fraser Orogen is located along the Zuleika Shear and the well-endowed Boulder Lefroy Fault Zone. There are excellent prospects for lithium exploration and development in this region because of its world-class lithium pegmatite deposits.

Project 2

03

Lachlan Fold Belt

Project Rock Lodge

  • Situated in southern NSW, south of Cooma.
  • Huge sulfide veins are linked to significant gold deposits.
  • Mineralized zones are indicated by the available historical drilling data.
  • Geological parallels to the region's largest gold resources.

 

Project Oak Hill

  • Situated in southern NSW, northwest of Albury.
  • spans a 25 km2 area of the East Lachlan Fold Belt.
  • Associated with the northeast-trending fault is gold mineralization.
  • Data from soil samples and historical drilling are presented.
  • discovered the extension of the gold soil anomaly into the tenement area.

 

Gold exploration prospects are available on Catalina Resources Limited’s (ASX: CTN) exploration tenements in the Lachlan Fold Belt, New South Wales, especially in the Intrusion Related Gold System (IRGS) style of mineralization. There appears to be substantial gold resource potential in the Oak Hill and Rock Lodge projects.

 

Project 3

04

Nelson Bay Iron

  • 150 kilometers northwest of Burnie Port in Tasmania.
  • DSO functioning with previous output.
  • Re-permitting is underway, and it is currently undergoing care and upkeep.
  • Mineral grades and historical production data are given.
  • Plans for the upcoming magnetite project and the restart of DSO operations.

 

The Nelson Bay Iron project, which is presently undergoing upkeep and care, offers a strategic chance for iron ore production in the future, provided all the required permits and approvals are obtained.

Project 4

05

Kookynie West

  • Situated close to other gold projects, to the south of Leonora.
  • Within dolerite, distinct granophyric units serve as the host for gold mineralization.
  • Prospects for gold mineralization were identified, and previous drilling data was supplied.
  • Plans to examine gold anomalies and the potential of lithium pegmatite through air-core drilling.

 

Kookynie West is situated next to Metalicity's Kookynie project. It encompasses a folded sequence of basalt and dolerite and presents excellent prospects for resource delineation and gold development.

Project 5
Milestones

  • dot 18 February 2010

    • Listed on ASX

  • dot 6 October 2021

    • New targets of gold identified at Kookynie West.

  • dot 2 March 2022

    • Drilling begins at the Lachlan Fold Belt Project.

  • dot 27 February 2023

    • REE and Lithium traces found in the Dundas Project.

  • dot 4 June 2023

    • Surface geochemistry outlines for drill target given for the Oak Hill Project.

  • dot 13 June 2023

    • Became a substantial business holder.

  • dot 26 February 2024

    • Drilling project begins at the Laverton Project.

  • dot 8 March 2024

    • The Laverton Project's aircore drilling programs completed successfully

  • dot 3 June 2024

    • Resampling updates given in the Laverton Project's mineralization of both gold and REE.

  • dot 19 September 2024

    • Aircore Drilling Commences at Laverton Project

  • dot 30 September 20024

    • Drilling completed at Laverton

  • dot 1 November 2024

    • Catalina intersects 44m at 1.01g/t gold at Laverton

  • dot 4 Novemebr 2024

    • Sale Agreement with Kobold for Kookynie West

For more details, head over to the official website :https://www.catalinaresources.com.au
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