Announcement PDF ASX RELEASE. Quarterly Activity Report Period ending 30th September 2024 ASX Announcement 22nd October 2024 Catalina Resources is an Australian diversified mineral exploration and mine development company. Highlights Directors Executive Chairman and Company Secretary Sanjay Loyalka Director Michael Busbridge Director Richard Beazley Laverton Project ❖ o Aircore drilling completed at E38/3697. o The program comprised 27 holes for 1,801m. o Drilling targeted gold and REE targets. o Assay results expected in coming weeks. Lachlan Fold Belt Project ❖ Director Martin Bennett ASX Code o Diamond drilling scheduled for November 2024. o Contract awarded for drilling at EL9155, Rock Lodge Project. o Requisite approvals for drilling obtained. o Necessary preparatory & planning activities for drilling completed. CTN Laverton Project CONTACT DETAILS Unit 38 18 Stirling Highway NEDLANDS WA 6009 A program of aircore drilling at the Laverton Project testing gold and REE targets has been completed during the quarter as a follow up to aircore drilling conducted in February 2024 at the tenement (Figure 1). T +61 8 61181672 E info@catalinaresources.com.au Figure 1: E38/3697 location plan Catalina Resources Ltd ACN: 130 618 683 W: www.catalinaresources.com.au ASX RELEASE. Page 2 of 9 The program comprised twenty-seven aircore holes for a total meterage of 1,801m. Fifteen holes were drilled in four traverses to in-fill and extend previous drilling that intersected gold mineralization along the interpreted strike of the Barnicoat Shear Zone between the Lily Pond Well and Pendergast gold prospects (Figure 2-3). The remaining twelve holes were drilled to follow up previous drilling that intersected rare earth element (REE) mineralization associated with point source magnetic anomalies modelled by Southern Geoscience Consultants. Figure 2: Location of drill collars (LVAC0026-52) within E38/3697 ASX RELEASE. Page 3 of 9 Figure 3: Aeromagnetic image (1VD) showing location of aircore holes and magnetic anomalies tested. Background The aircore drilling in February 2024 targeted areas along strike from the Lily Pond Well Mineral Resource (340kt @ 1.4 g/t Au) that is hosted by the north-south trending Barnicoat Shear Zone. The shear zone traverses the southwest corner of E38/3697 and is interpreted to link the Lily Pond Well resource with the Mon Ami (1.56Mt @ 1.1g/t Au) and Ida H (630kt @ 1.4 g/t Au) Mineral Resources to the north. In addition, drilling tested REE targets associated with magnetic anomalies. Best results from the previous drilling program include: LVAC009 1m @ 2.42g/t Au from 75m LVAC012 3m @ 1.07g/t Au from 49m LVAC023 1m @ 16,426ppm TREO from 28m LVAC022 1m @ 2,633ppm TREO from 37m LVAC022 5m @ 2,777ppm TREO from 52m LVAC009 1m @ 7,220ppm TREO from 43m LVAC009 4m @ 2,506ppm TREO from 75m ASX RELEASE. Page 4 of 9 Lachlan Fold Belt Project Drilling contract has been awarded for the Company’s plans to drill two or three deeper angled diamond drill holes in the spring of 2024. Requisite approvals have been obtained and necessary preparatory and planning activities have been completed for the drilling. The current schedule is for drilling to be conducted in November 2024. Background: The RC drilling campaign completed by the Company in April 2022 at the Rock Lodge prospect in the Lachlan Fold Belt Project, NSW intersected significant mineralisation. The Rock Lodge Project (EL9155) covers an area of 163 km² and is located 35 km south of Cooma. It is prospective for orogenic, Intrusion Related Gold Systems (IRGS) and skarn related gold mineralisation. RC drilling completed in April 2022 tested prioritised drill targets consisting of extensive and continuous IP anomalies that are coincident with very anomalous soil and rock chip geochemistry. Catalina’s drilling intersected a wide zone of stacked vertical lenses of polymetallic mineralisation at Rock Lodge. For example, RC hole SRLRC05 intersected four (4) significant mineralised zones over a width of 24m, from 75m to 99m (including 2m @ 2.13 g/t Au and another 2m @ 2.12 g/t Au), illustrated in Table 1. At the end of hole at 102m, rocks were still pervasively hydrothermally altered (pyrite, silica, sericite) suggesting that additional downhole zones may have been intersected if excessive water flows had not stopped drilling. West of SRLRC05, Catalina’s drilling has intersected mineralisation in SRLRC02 (8m @ 1.08 g/t Au including 3m @ 2.12 g/t Au). As suggested by the range in elements present, the mineralisation signature suggest a high temperature fluid may have been responsible. Apart from Au and Ag, the mineralisation includes varying amounts of Bi, As, Cu, Sb, Pb, Cd and Zn. Table 1. Significant RC drilling Intersections. Hole No SRLRC001 SRLRC001 SRLRC002 SRLRC002 SRLRC005 SRLRC005 SRLRC005 SRLRC005 SRLRC005 SRLRC005 SRLRC006 SRLRC006 Total From To Interval Intersection Depth (m) (m) (m) (m) 35 11 12 1 1m @ 3.7 g/t Au, 1.7 g/t Ag, 94 g/t Bi, 21 22 1 1m @ 0.76 g/t Au, 2.1 g/t Ag 35 0 8 8 8m @ 1.08 g/t Au, 4.2 g/t Ag, 0.28% As, 61 g/t Bi 0 3 3 incl. 3m @ 2.12 g/t Au, 6.67 g/t Ag, 0.6% As 102 75 77 2 2m @ 2.13 g/t Au, 2.4 g/t Ag, 0.6% As, 54 g/t Bi, 0.07% Cu 78 84 6 6m @ 0.75 g/t Au, 0.8% As, 22 g/t Bi, 0.05% Cu 82 84 2 incl. 2m @ 2.12 g/t Au, 2.4 g/t Ag, > 1% As, 0.07% Cu, 0.06% Zn 89 96 7 7m @ 0.33 g/t Au, 1.13 g/t Ag, 0.51% As, 51 g/t Bi, 0.06% Cu, 89 91 2 incl. 2m @ 0.49 g/t Au, 1.7 g/t Ag, 0.37% As, 60 g/t Bi, 0.13% Cu 97 99 2 2m @ 0.78 g/t Au,1.9 g/t Ag, 65 g/t Bi, 0.2% Cu 50 27 29 2 2m @ 6.1 g/t Ag, 0.26% Pb, 0.5% Zn, 28 g/t Cd 27 28 1 incl. 1m @ 10.6 g/t Ag, 0.44% Pb, 0.88% Zn, 51 g/t Cd The intersections from Catalina’s drill holes SRLRC02 to SRLRC05 and the historical drilling, including MYRC01, constitute a very wide (60m) mineralised envelope of stacked vertical lenses of significant polymetallic sulphide at Rock Lodge. Two hundred meters to the north, IP anomalies and similar anomalous rock chip geochemical signatures (Figure 4), suggest the mineralisation envelope may be continuous at least to this area. As the envelope is open in all directions further drilling focusing on the ASX RELEASE. Page 5 of 9 continuity, depth and lateral extent of the stacked veins represents a high priority drill target for Catalina. Figure 4. Summary plan showing significant drilling intersections and RC pre-collars, IP anomalies, rock chip Au geochemistry and location of drilling cross-section C-C’. The gold, bismuth and copper mineralisation at Rock Lodge is interpreted to have an affinity with the Intrusion Related Gold System (IRGS) style of mineralisation. There is potential at depth for bulk tonnage gold mineralisation associated with an intrusion. Characteristic features of IRGS mineralisation include sheeted veins containing gold with elevated bismuth, arsenic, silver, copper, lead, zinc and tin. The systems are commonly geochemically zoned around a central intrusion. They can also have elevated sulphide which can be detected with induced polarisation (resistivity lows). Many of these features are present at Rock Lodge. The multiple veins at Rock Lodge may represent the upper zone of a mineralised system above an intrusion at depth, with bulk tonnage potential (Figure 5). Planned drilling will initially target the shallow veins but pending results deeper drilling is planned to test for an interpreted source intrusion at depth. Several Silurian and Devonian aged intrusions have been mapped in the Rock Lodge area by the NSW Geological Survey. ASX RELEASE. Page 6 of 9 Figure 5: Diagrammatic figure of the Intrusion Related Gold System model at Rock Lodge. Nelson Bay River Iron Project The Company continued to work on various studies in response to EIS guidelines as per approvals process for recommencement of operations at the project. Other Tenements Catalina’s exploration activities for the quarter in review were confined to those referred to in this report. However, the Company can report that all other tenements remain in good standing and meet statutory requirements. Business Development Catalina is continuing to identify and assess exploration and early development opportunities in Lithium, Rare Earths, Gold and Base Metals projects. As previously reported, the Company has successfully built up a portfolio of exploration projects in world class mineral provinces. These exploration tenements/projects acquired are at an early stage and the Company is systematically completing the initial steps of access agreements, heritage agreements, surveys and desktop studies to enable the advancement of the exploration activity. ASX RELEASE. Page 7 of 9 Tenements The mining tenements held at the end of quarter (30/9/2024) and their location. Mine Lease/ Exploration License 3M/2011 E40/378 E63/2046 ** E63/2048 ** E63/2136 ** E63/2227 ** EL9155 EL9346 E38/3697 E38/3698 E63/2269 ** E63/2270 ** E38/3847 EL 6795 Locality ML EL EL EL ELA ELA EL EL EL EL ELA ELA ELA ELA Nelson Bay River Golden Chimney Dundas Dundas Dundas Dundas Rock Lodge Oak Hill Laverton Laverton Dundas Dundas Laverton Lachlan Fold Remarks 100% Catalina Resources Ltd 100% Catalina Resources Ltd 100% Catalina Resources Ltd 100% Catalina Resources Ltd 100% Catalina Resources Ltd 100% Catalina Resources Ltd 100% Catalina Resources Ltd 100% Catalina Resources Ltd 100% Catalina Resources Ltd 100% Catalina Resources Ltd 100% Catalina Resources Ltd 100% Catalina Resources Ltd 100% Catalina Resources Ltd 100% Catalina Resources Ltd ELA: Exploration Licence Application Note: ** The tenements in locality of Dundas (E63/2046, E63/2048, E63/2136, E63/2227, E63/2269 and E63/2270 are being relinquished in October 2024 after the Quarter ended 30/9/2024, as per the company’s strategy and process of continuous evaluation and prioritisation of its project portfolio to focus its resources on its highest priority projects. ➢ The mining tenement interests relinquished during the quarter and their location o E38/3677, E38/3726, P38/4554, P38/4555 and P38/4556 all in locality of Laverton. ➢ The mining tenements interests acquired and disposed of during the quarter and their location. o EL 6795 (Exploration Licence Application near Canberra. ➢ The beneficial percentage interests held in farm-in or farm-out agreements at the end of the quarter. o NIL ➢ The beneficial percentage interests in farm-in or farm-out agreements acquired or disposed of during the quarter. o NIL. Corporate During the Quarter, a total sum of $90K (thousand) was paid to related parties and their associates. The Company advises that this relates to executive directors’ salaries, consulting charges to directors including expense reimbursement, non-executive director’s fees and superannuation. Exploration and Evaluation Expenditure during the Quarter was $76K (thousand). Details of exploration activity is included in this Quarterly Activities Report. Mining development activities during the Quarter was $ NIL. There were no substantial mining production activities during the Quarter. ASX RELEASE. Page 8 of 9 Top 20 Holdings as at 14-10-2024 Catalina Resources Ltd Fully Paid Ordinary Shares HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED IACG PTY LTD MR PAUL COLEMAN CITICORP NOMINEES PTY LIMITED MS CHUNYAN NIU MR DAVID WILLIAM MOSS CHINA ALLIANCE INTERNATIONAL HOLDINGS GROUP LIMITED MR ALEX GORDON MR SANJAY KUMAR LOYALKA MR VIKRANT JINDAL KULSHRESTHA SUPER FUND PTY LTD <KULSHRESTHA SUPER FUND A/C> MR PATRICK ROMAN GALICKI MEGAWILD ENTERPRISES PTY LTD <VEER POONAM POOJAN PROP A/C> OCEANIA COAL RESOURCES NL MR JOSHUA FRANCIS TRIMBLE FINCLEAR SERVICES PTY LTD <SUPERHERO SECURITIES A/C> MR RUPERT JAMES GRAHAM LOWE HELMSDALE INVESTMENTS PTY LTD MOUNT STREET INVESTMENTS PTY LTD <THE M J BLAKE S/F A/C> MR SAMUEL JACOB CARROLL Balance as at 14-10-2024 216,536,817 84,142,411 37,500,000 32,994,901 28,500,000 25,450,000 23,223,632 23,000,000 21,931,280 16,000,000 16,000,000 15,917,747 15,736,240 15,000,000 14,748,693 14,719,279 13,244,128 11,875,000 9,625,750 8,967,045 Total Securities of Top 20 Holdings Total of Securities 645,112,923 52.089% 1,238,486,892 % 17.484% 6.794% 3.028% 2.664% 2.301% 2.055% 1.875% 1.857% 1.771% 1.292% 1.292% 1.285% 1.271% 1.211% 1.191% 1.188% 1.069% 0.959% 0.777% 0.724% Competent Person Statement The review of historical exploration activities and new drill results contained in this report is based on information compiled by Martin Bennett, a Member of the Australian Institute of Geoscientists (AIG). 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). Martin Bennett 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 ASX RELEASE. Page 9 of 9 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. This Quarterly Activities 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 Quarterly Activities Report can be found in the following announcements lodged on the ASX: 30/09/2024 Drilling completed at Laverton 12/06/2024 Exploration Update Lachlan Fold Belt These announcements are available for viewing on the Company’s website. The Company confirms that it is not aware of any new information or data that materially affects the information included in any original ASX announcement. Forward looking statements This announcement may contain certain “forward looking statements” which may not have been based solely on historical facts, but rather may be based on the Company’s current expectations about future events and results. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties, assumptions, and other factors which could cause actual results to differ materially from future results expressed, projected or implied by such forward looking statements. Such risks include, but are not limited to exploration risk, mineral resource risk, metal price volatility, currency fluctuations, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, as well as political and operational risks in the countries and states in which we sell our product to, and government regulation and judicial outcomes. Readers should not place undue reliance on forward looking information. The Company does not undertake any obligation to release publicly any revisions to any “forward looking statement” to reflect events or circumstances after the date of this announcement, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. The release of this document to the market has been authorised by the Board. ABOUT CATALINA RESOURCES LTD Catalina Resources Ltd 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 metals, lithium, rare earths and iron ore projects and the development of these projects into production. Rule 5.5 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Name of entity Catalina Resources Ltd ABN Quarter ended (“current quarter”) 74 130 618 683 30/9/2024 Consolidated statement of cash flows Current quarter $A’000 Year to date (3 months) $A’000 (c) production (Care & Maintenance) (17) (17) (d) staff costs (76) (76) 21 (e) administration and corporate costs (99) (99) 1.3 Dividends received (see note 3) 1.4 Interest received 97 97 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Government grants and tax incentives 1.8 Other 1.9 Net cash from / (used in) operating activities (95) (95) 2. Cash flows from investing activities 2.1 Payments to acquire or for: (76) (76) 1. Cash flows from operating activities 1.1 Receipts from customers 1.2 Payments for (a) exploration & evaluation (b) development (a) entities (b) tenements (c) property, plant and equipment (d) exploration & evaluation (e) investments (f) other non-current assets ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 1 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Consolidated statement of cash flows 2.2 Current quarter $A’000 Year to date (3 months) $A’000 (76) (76) Proceeds from the disposal of: (a) entities (b) tenements (c) property, plant and equipment (d) investments (e) other non-current assets 2.3 Cash flows from loans to other entities 2.4 Dividends received (see note 3) 2.5 Other (provide details if material) 2.6 Net cash from / (used in) investing activities 3. Cash flows from financing activities 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) 3.2 Proceeds from issue of convertible debt securities 3.3 Proceeds from exercise of options 3.4 Transaction costs related to issues of equity securities or convertible debt securities 3.5 Proceeds from borrowings 3.6 Repayment of borrowings 3.7 Transaction costs related to loans and borrowings 3.8 Dividends paid 3.9 Other (provide details if material) 3.10 Net cash from / (used in) financing activities 4. Net increase / (decrease) in cash and cash equivalents for the period 4.1 Cash and cash equivalents at beginning of period 2819 2819 4.2 Net cash from / (used in) operating activities (item 1.9 above) (95) (95) 4.3 Net cash from / (used in) investing activities (item 2.6 above) (76) (76) 4.4 Net cash from / (used in) financing activities (item 3.10 above) ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 2 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Consolidated statement of cash flows 4.5 Effect of movement in exchange rates on cash held 4.6 Cash and cash equivalents at end of period 5. Reconciliation of cash and cash equivalents Current quarter $A’000 Year to date (3 months) $A’000 2648 2648 Current quarter $A’000 Previous quarter $A’000 at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts 5.1 Bank balances 623 94 5.2 Call deposits 2025 2725 5.3 Bank overdrafts 5.4 Other (provide details) 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 2648 2819 6. Payments to related parties of the entity and their associates 6.1 Aggregate amount of payments to related parties and their associates included in item 1 65 6.2 Aggregate amount of payments to related parties and their associates included in item 2 25 Current quarter $A'000 Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments. ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 3 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report 7. Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000 7.1 Loan facilities 7.2 Credit standby arrangements 7.3 Other (please specify) 7.4 Total financing facilities 7.5 Unused financing facilities available at quarter end 7.6 Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end, include a note providing details of those facilities as well. 8. Estimated cash available for future operating activities 8.1 Net cash from / (used in) operating activities (item 1.9) (95) 8.2 (Payments for exploration & evaluation classified as investing activities) (item 2.1(d)) (76) 8.3 Total relevant cash inflow / (outgoings) , (item 8.1 + item 8.2) (171) 8.4 Cash and cash equivalents at quarter end (item 4.6) 2648 8.5 Unused finance facilities available at quarter end (item 7.5) 8.6 Total available funding (item 8.4 + item 8.5) 2648 8.7 Estimated quarters of funding available (item 8.6 divided by item 8.3) 15.5 $A’000 Note: if the entity has reported positive relevant outgoings (ie a net cash inflow) in item 8.3, answer item 8.7 as “N/A”. Otherwise, a figure for the estimated quarters of funding available must be included in item 8.7. 8.8 If item 8.7 is less than 2 quarters, please provide answers to the following questions: 8.8.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not? Answer: N/A 8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful? Answer: N/A ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 4 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report 8.8.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis? Answer: N/A Note: where item 8.7 is less than 2 quarters, all of questions 8.8.1, 8.8.2 and 8.8.3 above must be answered. Compliance statement 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A. 2 This statement gives a true and fair view of the matters disclosed. Date: 22/10/2024 ................................................................................... Authorised by: The Board ................................................................................... (Name of body or officer authorising release – see note 4) ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms. Page 5