Catalina Resources (ASX: CTN) Completes Laverton Drilling; Awaits Gold and REE Assays

July 22, 2025 12:34 PM AEST | By Aditi Sarkar

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Catalina Resources (ASX: CTN) Completes Laverton Drilling; Awaits Gold and REE Assays

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Highlights

Catalina Resources has completed 711m RC drilling at its 100%-owned Laverton Project, targeting gold and rare earth elements (REE).

Assay results for gold and TREO pending, expected to guide the next phase of exploration.

Previous drilling returned 28m @ 1.09 g/t Au and >1% TREO, supporting the project’s dual-target potential.

Catalina Resources Limited (ASX:CTN) has ramped up its exploration efforts at the 100%-owned Laverton Project, completing a targeted Reverse Circulation (RC) drilling campaign. The milestone marks a significant step forward in the company’s strategy to unlock the gold and rare earth element (REE) potential of this highly prospective region, located near the world-class Mt Weld Rare Earth Element (REE) Mine in Western Australia.

The company aims to create value through the successful exploration and development of prospective gold, base metal, lithium, and iron ore projects with a clear path toward future production.

The recent program involved drilling of a total of 711 metres across five holes, with all samples submitted for laboratory analysis. Assay results for both gold and Total Rare Earth Oxides (TREO) are expected in the near term and are anticipated to guide the next phase of exploration activity.

Catalina’s Laverton Project continues to shape up as a dual-target opportunity, underpinned by previous aircore drilling that returned a standout gold intercept of 28m @ 1.09 g/t Au and a nearby high-grade REE hit exceeding 1% TREO.

With exploration momentum building, the company has confirmed that planning is underway for a follow-up drill campaign. The upcoming program will build on recent achievements and focus on unlocking the full value of Laverton’s mineral potential. Catalina states that it remains committed to advancing its presence in this strategically located and richly endowed mineral corridor.

CTN shares last traded at AUD 0.004 on 21 July 2025.

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