Catalina extends presence at Laverton
Released
Released
Announcement PDF
ASX RELEASE.
ASX Announcement
17 December 2024.
Catalina extends presence at Laverton
Catalina Resources is an
Australian diversified
mineral exploration and
mine development
company.
Highlights
Directors
•
Burtville Gold Mine.
Director and
Company Secretary
Sanjay Loyalka
•
Non-Executive Director
Richard Beazley
•
Director
Marin Bennett
•
Director
Michael Busbridge
Grant of tenement E38/3847, located only 2 km from the
Positioned at the northern end of the mineralized
Burtville-Karridale mine corridor ¹.
This corridor is host to a very large bulk tonnage gold
mineralisation system exceeding 1Moz ².
Historically,
the
new
tenement
area
has
been
underexplored.
➢ Historical limited & shallow, vacuum drilling
ASX Code
done that was unable to penetrate the
CTN
transported cover.
CONTACT DETAILS
Unit 38
18 Stirling Highway
NEDLANDS WA 6009
T +61 8 61181672
E info@catalinaresources.com.au
➢ Only one RC hole has been drilled with a focus
on nickel and not assayed for gold.
Catalina Resources (“Catalina” or “the Company”) is pleased to
announce the grant of exploration license E38/3847 following a
successful ballot outcome for Catalina’s application. This tenement
is interpreted to occur along strike of the Burtville and Karridale gold
deposits. The hosting structure to these significant gold deposits is
the Burtville-Karridale mine corridor (BKMC), which can be seen
within Figure 1. This interpretation is based upon regional
aeromagnetic and gravity images of the area.
Catalina Resources Limited
ACN: 130 618 683
W: www.catalinaresources.com.au
ASX RELEASE.
Page 2 of 4
Figure 1. Regional aerial image showing the location of E38/3847, the
interpreted BKMC, the mining centers at Burtville 1, Burtville South and Karridale 2.
Considering its proximity to the Burtville deposit, E38/3847 is an underexplored tenement area. The
historical exploration has not been systematic, and the sporadic and widely spaced drilling has been
ineffectual. Placer (Granny Smith) P/L undertook two traverses of shallow vacuum drilling in 2000 with
hole depths not exceeding 10m and not penetrating the blanket of transported overburden ⁴. Crescent
Gold focused on nickel exploration in 2009 and drilled one RC hole within the area of E38/3847 but
did not assay for Au ⁵.
ASX RELEASE.
Page 3 of 4
E38/3847 is a strategic addition of another tenement to add to Catalina’s existing exploration tenure
within the highly mineralised Laverton Tectonic zone, Figure 2.
Figure 2. Regional location of Catalina’s tenement portfolio in the Laverton Tectonic
Zone, including the new tenement, E38/3847.
Next Steps.
For the initial generation of drill targets within E38/3847, geochemical sampling will be conducted
over the projected strike of the BKMC.
ASX RELEASE.
Page 4 of 4
References.
¹ Focus Minerals Ltd. 2020. Independent Review Delivers 115% Increase in Burtville Open Pit Mineral
Resource. ASX announcement. 21 Oct 2020.
² Focus Minerals Ltd. 2020. Karridale Gold Deposit Open Pit Mineral Resource increases 60% to
1.19Moz.ASX announcement 24 Sept 2020.
³ Ormsby, WR, Thom, J, Howard, SHD, Then, D, De Biran, S and Tapping, B. 2021, Maximum grade
in-hole drilling data: Geological Survey of Western Australia, digital dataset.
⁴ Parsons,S. 2001. Napier / Comet Well Project. Annual Report on exploration for the period 13 July
2000 to 12 July 2001. Placer Granny Smith P/L. WAMEX Report a63234.
⁵ Fairall, C., 2009. Central Laverton. Combined Annual Report C133/2006. 1st January 2008 to 31st
December 2008. Crescent Gold Ltd., WAMEX Report a81707.
Competent Person Statement.
The review of historical exploration activities and results contained in this report is based on
information compiled by Michael Busbridge, a Member of the Australian Institute of Geoscientists and
a Member of the Society of Economic Geologists. He is a Director of Catalina Resources Ltd. He has
sufficient experience which is relevant to the style of mineralisation and types of deposits under
consideration and to the activity which he is undertaking 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 (the JORC Code).
Michael Busbridge has consented to the inclusion in the report of the matters based on his information
in the form and context in which it appears.
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.
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.
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.
The release of this document to the market has been authorised by the Board of Catalina Resources
Ltd.
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