Catalina Resources (ASX:CTN) Commences Strategic Drilling Near Mt Weld REE Mine

Highlights

• Catalina Resources initiates targeted drilling at Laverton Project

• Focus on high-grade rare earths and gold mineralisation

• Proximity to Mt Weld mine supports geological

Catalina Resources (ASX:CTN) has officially commenced drilling operations at its Laverton Project (E38/3697), situated in the heart of Western Australia's Laverton Gold Province. This initiative marks a major step forward in the company’s goal of unlocking both rare earth and gold within one of Australia’s most mineral-rich regions. As part of the ASX 300, Catalina’s activity in this prolific mining district places it among companies contributing to Australia’s dynamic exploration landscape.

The Laverton Project is strategically located less than 2km from the renowned Mt Weld rare earth elements (REE) mine, which is operated by Lynas Rare Earths (ASX:LYC). This close proximity is significant due to the geological continuity that often extends across mineral belts. The Laverton area is already recognised for its substantial gold, nickel, and REE deposits, raising the profile of Catalina’s current exploration.

High-Grade Rare Earth Targets at Laverton Project

Catalina Resources (CTN) has zeroed in on zones within its Laverton Project that have previously indicated strong rare earth element (REE) signatures. The standout among these is hole LVAC037, where earlier exploration pointed to significant levels of total rare earth oxides. This includes elevated concentrations of neodymium and praseodymium elements critical for advanced technologies such as electric vehicles and wind turbines.

What makes this zone particularly promising is the high NdPr to TREO ratio observed, which closely aligns with the nearby Mt Weld deposit operated by Lynas Rare Earths (LYC). This similarity strengthens the geological model and a continuation of REE mineralisation across tenement boundaries. The Laverton Project’s positioning near such a world-class mine adds strategic weight to Catalina’s current drilling activities.

The program’s focus isn’t just on replicating previous results—it also aims to refine the understanding of mineralisation depth, continuity, and structure. By building on past data, Catalina is setting the groundwork for more targeted and efficient exploration in future phases.

Gold Exploration in Focus

In addition to rare earth elements, Catalina is also targeting areas with known gold. Drilling has been planned around intercepts previously discovered in hole LVAC049, where notable gold mineralisation was logged. These intersections provide further confidence in the dual commodity strength of the Laverton Project.

The decision to explore both gold and rare earths is consistent with Catalina’s diversified approach to mineral development. By focusing on multiple resources within one tenement, the company aims to optimise its exploration outcomes while increasing the for future project development.

Strengthening Position in a Premier Mining Region

Laverton has long been regarded as one of Western Australia's most prolific mining districts. With major operations across gold and critical minerals already established in the region, Catalina’s activity contributes to the continued momentum in this part of the state. The presence of key infrastructure and established processing capabilities nearby further enhances the project's long-term feasibility.

While Catalina Resources (CTN) is not currently listed in the ASX 300, its proximity to companies that are, such as Lynas Rare Earths (LYC), situates it in a high corridor that is already drawing industry attention.

This drilling campaign is not only a step toward resource definition but also a strategic move that places Catalina in a favourable position to harness Laverton’s full mineral. The focus remains on creating long-term value through disciplined exploration and development of key resources needed in the global clean energy and technology supply chains.