Catalina Advances Beasley Creek with Soil Sampling Program
Released
Released
Announcement PDF
Page 1
Catalina Advances Beasley Creek with Soil Sampling to Define
and Expand Flamingo System
HIGHLIGHTS
➢ Soil sampling commenced at the high-priority Flamingo target, advancing
Beasley Creek toward drill-ready status
➢ First modern, systematic geochemical program undertaken across the project
area
➢ Program targeting expansion of a coherent multi-element mineralised system
(Au–Cu–Zn–Ni–As)
➢ Focus on defining scale and continuity of an interpreted copper–gold volcanic-
hydrothermal system ahead of drilling
Catalina Resources Limited (“Catalina” or “the Company”) is pleased to advise that it has commenced
a soil sampling program at the Flamingo target within its 100%-owned Beasley Creek Project in
Western Australia.
The Flamingo target represents the primary focus of current exploration activities and is considered
the most advanced and prospective target within the project area. Recent geological work1
highlighted
Flamingo as a coherent copper–gold volcanic-hydrothermal system, defined by multi-element
geochemical anomalism, favourable structural architecture and supporting geophysical features.
This program represents the next step in the first modern, systematic exploration campaign across the
project area and advances the Company’s strategy at Beasley Creek by refining the geochemical
footprint at Flamingo and progressing toward targeted drill testing.
Catalina Executive Director, Ross Cotton, commented:
“Commencing soilsampling at Flamingo representsa keystep in advancing Beasley Creektowarddrill-
ready status, with the program designed to refine target scale and continuity.
The recent upgrade to a copper-dominant hydrothermal interpretation at Flamingo, combined with
early geochemical responses along the Mithgoondy Shear Zone, reinforces broader district-scale
potential and the potential for multiple mineralised systems along the corridor.
With a clear geological model established, the Company is now focused on execution and positioning
to move efficiently into drilling as approvals and access are finalised.”
Regional Context and Background
Catalina’s 100% owned Beasley Creek Project is located within the northern Capricorn Orogen and
remains underexplored relative to its geological potential.
ASX Announcement
15 April 2026
Page 2
Recent integrated geological, geochemical and geophysical interpretation has materially upgraded the
exploration framework, shifting focus to structurally controlled bedrock mineralisation. Within this
context, the Flamingo target has emerged as a high-priority opportunity, interpreted as a copper–gold
volcanic-hydrothermal system with potential for additional structural overprint.
Importantly, while historical exploration identified anomalous geochemistry and localised high-grade
gold, including a historical intersection of 4m @ 11.4 g/t Au2
, the underlying bedrock system and its
extensions along strike and at depth remain largely untested, highlighting a compelling opportunity for
systematic discovery.
Figure 1. Regional location diagram of the Beasley Gold Project (E47/3490)
Corridor-Scale Target Expansion and Geochemical Definition
A soil sampling program has commenced at Beasley Creek, designed not only to refine the Flamingo
target but to expand the known footprint of mineralisation along the Mithgoondy Shear Zone (figure 2).
At these emerging targets, arsenic outlines broad, lens-shaped halos that enclose coherent Cu–Au–Ag
anomalism. The spatial coherence and zonation are interpreted to reflect a structurally controlled
hydrothermal system.
Sampling is designed to:
➢ Infill and extend existing geochemical coverage
➢ Define the scale, continuity and zonation of anomalism
➢ Strengthen targeting confidence across structurally controlled mineralisation
➢ Prioritise and optimise upcoming drill collar locations
Importantly, the program represents a transition from single-target evaluation to systematic corridor-
scale exploration, with the objective of identifying and advancing multiple targets within a potentially
larger mineralised system.
For further information on the geological interpretation of the Beazley Creek Project, please refer to the
ASX announcements on 8 December 2025 and 25 February 2026.
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Figure 2. Interpreted soil geochemical contours and soil sampling targets
Implications for Forward Exploration
The current program is a key step in positioning Beasley Creek as a multi-target opportunity, with work
underway to define the scale of mineralisation along the Mithgoondy Shear Zone.
By expanding geochemical coverage and refining target definition, Catalina is building a pipeline of
drill-ready targets, with the potential to materially increase the overall scale and significance of the
project.
Subject to heritage clearances and the outcome of the EIS co-funding application, the Company
intends to progress to targeted drilling, applying a disciplined approach to capital deployment while
maintaining exposure to discovery across a broader mineralised system.
Next Steps
Catalina is progressing a clear pathway to drilling at Beasley Creek, supported by ongoing target
refinement and parallel workstreams to secure access and funding. Planned activities inclide:
➢ Completion of soil sampling program and receipt of assay results
➢ Integration of geochemical data with geological and geophysical interpretations
➢ Reconnaissance geological mapping to validate interpretations and refine drill collar
positioning
➢ Finalisation of priority drill targets and program design
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In parallel, the Company will progress:
➢ Outcome of the Exploration Incentive Scheme (EIS) co-funding application
➢ Ongoing heritage engagement and access negotiations
Catalina will provide further updates as results are received and the exploration program advances.
Contacts
Investors / Shareholders
Ross Cotton
Executive Director
T: +61 (0)8 6188 8181
This announcement has been authorised for release by the Executive Director, Ross Cotton.
References (ASX)
This Report contains information extracted from ASX market announcements reported in accordance
with the 2012 edition of the “Australasian Code for Reporting of Exploration Results,Mineral Resources
and Ore Reserves” (“2012 JORC Code”). Further details (including 2012 JORC Code reporting tables
where applicable) of exploration results referred to in this announcement can be found in the following
announcements lodged on the ASX:
1
Refer CTN ASX Announcement 25 February 2026 Catalina-Advances-Flamingo-Cu-Au-Exploration-
Model.pdf
2
Refer CTN ASX Announcement 8 December 2025 Independent-Review-Confirms-Gold-Potential-at-
Beasley-Creek.pdf
The Company confirms that it is not aware of any new information or data that materially affects the
information in the original reports, and that the form and context in which the Competent Person’s
findings are presented have not been materially modified from the original reports.
Competent Person Statement
The information in this announcement that relates to exploration activities within the Beasley River
Project is based on information compiled by Dr Nishka Piechocka, PhD, Vice President of the
Australian Institute of Geoscientists (AIG) and a full-time employee of Apex Geoscience. Dr Piechocka
has sufficient experience relevant to the style of mineralisation and type of deposit under
consideration and to the activity being undertaken to qualify as a Competent Person as defined in the
2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore
Reserves (JORC Code). Dr Piechocka consents to the inclusion in the report of the matters based on
her information in the form and context in which it appears.
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Where the Company refers to the Mineral Resources in this report (referencing previous releases made
to the ASX), it confirms that it is not aware of any new information or data that materially affects the
information included in that announcement and all material assumptions and technical parameters
underpinning the Mineral Resource estimate with that announcement continue to apply and have not
materially changed.
Forward-Looking Statements
This announcement contains forward-looking statements that are subject to a range of risks and
uncertainties. These statements relate to the Company’s expectations, intentions, or strategies
regarding the future. These statements can be identified by the use of words like “anticipate”,
“believe”, “intend”, “estimate”, “expect”, “may”, “plan”, “project”, “will”, “should”, “seek” and
similar words or expressions containing same. These forward-looking statements reflect the
Company’s views and assumptions with respect to future events as of the date of this release and are
subject to a variety of unpredictable risks, uncertainties, and other unknowns. Actual and future
results and trends could differ materially from those set forth in such statements due to various
factors, many of which are beyond our ability to control or predict. These include, but are not limited
to, risks or uncertainties associated with the acquisition and divestment of projects (including risks
associated with completing due diligence and, if favourable results are obtained, proceeding with the
acquisition of the Beasley Creek Project), joint venture and other contractual risks, metal prices,
exploration, development and operating risks, competition, production risks, sovereign risks,
regulatory risks including environmental regulation and liability and potential title disputes, availability
and terms of capital and general economic and business conditions.
Given these uncertainties, no one should place undue reliance on any forward-looking statements
attributable to the Company, or any of its affiliates or persons acting on its behalf. Subject to any
continuing obligations under applicable law the Company disclaims any obligation or undertaking to
disseminate any updates or revisions to any forward-looking statements in this announcement to
reflect any change in expectations in relation to any forward-looking statements or any change in
events, conditions or circumstances on which any such statement is based.
ABOUT CATALINA RESOURCES LIMITED
Catalina Resources Limited is an Australian diversified mineral exploration and mine development
company whose vision is to create shareholder value through the successful exploration of
prospective gold, base metal, lithium and iron ore projects and the development of these projects into
production.
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