Central Yilgarn Drilling Presentation
Released
Released
Announcement PDF
ASX:CTN
EVANSTON &
YERILGEE
Central Yilgarn Drilling Program
NOVEMBER 2025
CORPORATE OVERVIEW
KARL SIMICH
NON-EXECUTIVE CHAIRMAN
Karl Simich is a foremost mining
executive with over 40 years’
experience in corporate finance
and international resource
company leadership.
He was the founder of Sandfire
Resources (ASX: SFR), where he
led the discovery, development
and operation of the high-grade
DeGrussa Copper-Gold Mine in
Western Australia.
Karl is a Fellow of the Institute of
Chartered Accountants and the
Financial Services Institute of
Australasia.
ROSS COTTON
EXECUTIVE DIRECTOR
Ross Cotton is an experienced
corporate executive with more
than 20 years in the resources
sector, specialising in project
development, corporate finance,
and capital markets.
He has held executive and board
roles across a range of ASX-
listed companies, with a focus
on identifying and advancing
exploration assets, building
high-performing teams, and
securing funding to support
growth.
JADE SMITH
EXECUTIVE DIRECTOR
Jade Smith is an accomplished
and respected leader in
business transformation and
optimisation, bringing more than
20 years of executive and
consulting experience across
government, health, education
and resources.
He has a strong record of
delivering large-scale
transformation, operational
excellence and cultural change.
$0.003
SHARE PRICE
$8.6M
MARKET CAPITALISATION
2,863,019,033
SHARES ON ISSUE
ASX:CTN
COMPANY TICKER
$3.5M
CASH AT BANK
$5.1M
ENTERPRISE VALUE (EV)
1,451,000,000
UNLISTED OPT. ON ISSUE
$0.005 exp 22/05/27)
UNLISTED OPT. TERMS
ASSET PORTFOLIO
WEST AUSTRALIAN BASED GOLD AND SILVER EXPLORER
3
1
2
1. Central Yilgarn Project
Located within an underexplored region of the world-renowned Yilgarn Craton, approximately
190 km to the northwest of Kalgoorlie and 160 kms southwest of Leonora. The project area
covers an area of over 650 km2, and over approximately 65 km of strike, along the Yerilgee and
Evanston greenstone belts.
2. Beasley Creek2
Catalina’s 100% owned highly prospective Beasley Creek Gold Project is located on the northern
flank of the Rocklea Dome in the Pilbara Craton of Western Australia. The Project offers two clear
discovery pathways — shear-hosted orogenic gold and conglomerate-style gold along a 16km
unconformity — neither of which has been systematically drill-tested in more than two decades.
3. Laverton
Catalina’s Laverton Project Laverton Project is located within the Laverton Gold Province, an exceptionally mineralised
terrain in the Eastern Goldfields. The region hosts several world class deposits of gold, nickel and rare earth elements
(REEs) including Sunrise Dam, Wallaby, Granny Smith and the Mt Weld REE deposit, one of the highest grade REE deposits
in the world.
The tenements present a rare exploration play over multiple greenstone belts
with proven mineralisation potential for gold, lithium and Cu-Zn-Ag massive
sulphides. With several high-grade gold targets identified and minimal follow-
up to date, the exploration potential is significant.
Additional Projects
PROJECT OVERVIEW
Evanston and Yeriligee are Greenstone belts located within an underexplored
region of the world-renowned Yilgarn Craton.
Over 650 km2 highly prospective greenstone belts.
The Company’s planned 20,000 metre drilling program across its Evanston and
Yerilgee Projects is scheduled to begin the first week of December 2025, with
earthmovers currently mobilising.
Phase 1 will comprise of ~7,500m of reverse-circulation (RC) drilling and aircore
(AC) drilling, targeting highly prospective gold-hosting structures that have
previously returned shallow high-grade intercepts including:
Evanston
• 48m @ 0.67g/t au from 27m including 21m @ 1.13g/t au from 54m and 3m
@ 2.28g/t au from 63m1
• 15m @ 1.5 g/t Au from 12m (incl. 3 m @ 6.7 g/t Au)1
Yerilgee
• 17m @ 4.1 g/t Au and 28.0 g/t Ag from 53m, including 4m @ 14.9 g/t Au and
72.2 g/t Ag from 54m1
• 27 m @ 0.6 g/t Au from 6 m, including 2 m @ 2.2 g/t Au, and 1 m @ 9.0 g/t1
• 24 m @ 1.6 g/t Au from 0 m, including 9 m @ 3.3 g/t Au from 12m1
• 16 m @ 1.9 g/t Au from surface (incl. 4 m @ 8.5 g/t Au)1
EVANSTON & YERILGEE
1) 12 December 2024: Updated Acquisition of Yerilgee & Evanston
EVANSTON
➢ Part of the Archaean Yilgarn Craton, comprising mafic–
ultramafic volcanic rocks intruded by felsic porphyries
and cut by major shear zones.
➢ Mineralisation occurs along granite–greenstone contacts
and within quartz–carbonate–pyrite veining hosted by
magnetite-rich, sheared units.
➢ The belt exhibits multiple structurally controlled gold
corridors parallel to regional shears, similar to those hosting
long-life operations elsewhere in the Yilgarn.
BELT GEOLOGY
The Evanston belt represents
one of the least systematically
tested greenstone corridors
between marvel loch and edna
may — the same structural
system that underpins several
multimillion-ounce districts
“
EVANSTON LEGHORN
➢ Previous RC drilling at Leghorn returned multiple +1 g/t Au intercepts,
with mineralisation remaining open to the north.
➢ Dominated by a large regional north plunging syncline and contains
minor felsic intrusions and pegmatites. Significant gold-in-soil
anomalies and historical gold working situated along major structural
trends and intersections.
➢ Sequence of medium to high grade metamorphosed calc-silicate rocks
overlain by ultramafic rock, tholeiitic basalt, banded iron formation and
pelitic schist.
48m @ 0.67g/t Au from 27m including 21m @ 1.13g/t Au from 54
m and 3m @ 2.28g/t Au from 63m¹
7 m @ 0.79 % Cu and 535 ppb Au in massive sulphide from the
same zone¹
Leghorn’s structural position
and confirmed mineralisation
provide a strong basis for the
current gold exploration
program
“
1) 12 December 2024: Updated Acquisition of Yerilgee & Evanston
➢ Viper South Prospect lies ~10km along strike from the historic
Evanston Gold Mine within the T1 Gold Camp.
➢ Comprises a sequence of high-magnesium basalts, ultramafic
rocks, and banded iron formation with minor sedimentary units,
situated along the regional-scale Evanston Shear Zone that has
been intruded by felsic to intermediate intrusions.
➢ Significant gold-in-soil anomalies and historical gold workings
occur along the main banded iron formation horizon and in the
surrounding rocks.
EVANSTON VIPER SOUTH
18m @ 1.18 g/t Au from 16m, including 4m @ 3.8 g/t Au2
15m @ 1.5 g/t Au from 12m, including 3m @ 6.7 g/t Au from 12m¹
33m @ 0.3 g/t Au from surface, including 3m @ 0.9 g/t Au from 27m¹
“ Viper South presents a well-
defined gold anomaly
supported by consistent drilling
results along a major structural
trend
1) 12 December 2024: Updated Acquisition of Yerilgee & Evanston
2) Segue Resources ASX announcement, 30 January 2017 (historical result,
not independently verified by Catalina and reported for context only)
EVANSTON T1B
➢ T1B Prospect lies ~3km along strike from the Evanston Gold Mine
forming part of the same regional gold-bearing corridor.
➢ A prominent NE–SW trending soil anomaly has yet to be tested beyond
depths of 30m.
➢ Further work will evaluate structural and lithological controls and to
test for deeper mineralisation beneath the geochemical anomaly.
Soil sampling has defined a coherent gold anomaly with peak
values up to 610 ppb Au, well above regional background, and
aligned with the Evanston Shear structures¹
“ The close proximity to recently
announced intersections by
Leeuwin Metals Ltd3 makes
this prospect highly exciting
1) 12 December 2024: Updated Acquisition of Yerilgee & Evanston
3) Shallow High-grade Gold From First Drilling At Evanston
YERILGEE
➢ Structurally favourable dome-and-shear setting containing
high-Mg basalts, ultramafics, banded iron formations
(BIFs), and felsic intrusives.
➢ Gold mineralisation hosted within folded BIF sequences
intruded by felsic porphyry, with associated pathfinder
geochemistry and strong magnetic responses.
➢ Multiple parallel shear zones and fold hinges provide
structural traps for gold deposition.
BELT GEOLOGY
Yerilgee shares the same litho-
structural architecture that
underpins the world-class
Laverton and Mt Margaret gold
systems — large portions
remain untested below 30
metres
“
YERILGEE T8
➢ Situated along a major regional structure marked by coincident
magnetic features and strong pathfinder geochemistry.
➢ Confirmed presence of a gold system hosted within a folded banded
iron formation (BIF) package intruded by felsic porphyry.
➢ Coherent mineralised footprint indicated by strong gold anomalism,
defined by both soil geochemistry and drilling .
➢ Historical results suggest supergene enrichment and a shallow easterly
dip to the mineralisation.
27m @ 0.6 g/t Au from 6m, including 2m @ 2.2 g/t Au, and 1m @ 9.0
g/t Au¹
17 m @ 0.7 g/t Au from 22m, including 8m @ 1.2 g/t Au from 27m¹
10m @ 0.8 g/t Au from surface, including 1m @ 6 g/t Au from 11m¹
“ T8 results highlight specific
structural and geochemical
targets to be tested in the
upcoming drill program 1) 12 December 2024: Updated Acquisition of Yerilgee & Evanston
YERILGEE T6 - CHICKEN LITTLE, SNOWFLAKE AND MEGATRON
➢ Located centrally within the Yerilgee Greenstone Belt and includes the
Chicken Little, Snowflake and Megatron Prospects.
➢ Hosts multiple gold and pathfinder anomalies associated with a series
of felsic and lamprophyre intrusions into mafic, ultramafic, and BIF
lithologies.
➢ Geochemical data define a fractionated, intrusion-related
hydrothermal system with a pathfinder gradient transitioning from Mo–
W near a major felsic intrusion to Bi–Te and As–Sb outward from the
core.
17m @ 4.1 g/t Au and 28.0 g/t Ag from 53m, including 4m @ 14.9 g/t
Au and 72.2 g/t Ag from 54m1
24m @ 1.6 g/t Au from 0m, including 9m @ 3.3 g/t Au from 12m1
16m @ 1.9 g/t Au from surface, including 4m @ 8.5 g/t Au1
“ Strong gold intercepts and
multi-element signatures
confirm T6 as a well-defined,
regionally significant
exploration target 1) 12 December 2024: Updated Acquisition of Yerilgee & Evanston
+61 8 6165 8858
info@catalinaresources.com.au
Level 2/7 Havelock Street
West Perth, WA 6005
catalinaresources.com.au
ASX:CTN
Authorised for release by the Executive Director of Catalina Resources Limited
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buy, any securities in the United States or to, or for the account or benefit of any “US person” as
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