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Highlights
- Catalina Resources has expanded the exploration opportunity at Beasley Creek with multiple Cu-Au targets identified.
- Geological review confirmed Flamingo as part of a broader structurally controlled hydrothermal corridor.
- Golden Hand, King Brown and Black Head have added to a growing pipeline of priority targets.
- EIS co-funding of up to AUD 180,000 supports planned drilling at Flamingo.
- First-pass RC drilling is targeted for July-August 2026 as surface exploration progresses.
Catalina Resources Limited (ASX:CTN) has expanded the exploration scope at its Beasley Creek Project in Western Australia, with updated geological interpretation shifting the focus from a single target to a broader mineralised corridor.
Alongside newly defined targets and advancing drill plans, government-backed co-funding has added support to the next phase of testing, placing attention on how the Mithgoondy Shear Zone may evolve as a multi-target copper-gold opportunity.
Broader Corridor Emerges
Catalina’s ongoing integrated geological, geochemical and geophysical interpretation has materially advanced the exploration model at its 100%-owned Beasley Creek Project. The updated work indicates Flamingo forms part of a broader structurally controlled Cu-Au hydrothermal corridor extending beyond the original target area.
The reinterpretation has identified two additional Cu-Au priority targets, Golden Hand and King Brown, while a silver anomalous target, Black Head, has also been defined. Collectively, these targets broaden the exploration opportunity along the Mithgoondy Shear Zone and establish a growing pipeline of drill-ready prospects.
Flamingo Takes Centre Stage-Drilling Targeted for July-August
Flamingo, which remains the most advanced target within the project, has moved closer toward drill testing, with initial drill collars now defined. The target lies within an east-west trending zone of shearing and faulting and remains under evaluation for volcanic hydrothermal and structurally remobilised mineralisation models.
Historic soil sampling and current geological interpretation continue to support Flamingo as a high-priority target.
Planned first-pass reverse circulation drilling is targeted for July-August 2026 following completion of the current surface exploration program and heritage clearance activities.
New Targets Add Scale
Golden Hand, located about 2.2 kilometres southeast of Flamingo, is interpreted as a possible structurally displaced segment of the same mineralised system. The target shows comparable structural and stratigraphic architecture, supported by coherent geochemical anomalism and geophysical signatures.
King Brown has been identified along a faulted unconformity contact, where linear arsenic anomalism and associated copper-gold-silver signatures point to a structurally focused mineralised corridor.
At Black Head, isolated silver anomalies north of historic gold nugget discoveries add another layer to the broader exploration model.
As stated by the company, field mapping, rock chip sampling and soil sampling programs are intended to refine these targets and progress them toward drill readiness.
EIS Funding Supports Drilling
Supporting the planned drilling campaign, Catalina has secured up to AUD 180,000 in co-funding under Western Australia’s Exploration Incentive Scheme (EIS) for drilling at Flamingo.
The funding is expected to reduce the cost of initial drill testing while supporting planned work programs. The award also comes as heritage clearance activities continue, providing additional momentum to the staged exploration program.
Next Steps in Focus
The next phase of work includes analysis of about 300 recently collected soil samples across Flamingo and Golden Hand to refine geochemical footprints. Reconnaissance geological mapping is also planned across all four priority targets to validate interpretations and refine drill collar positioning.
This staged exploration approach is intended to advance target prioritisation while progressing the most advanced prospects toward drill testing later in 2026.
Broader Portfolio Progress
Beyond Beasley Creek, Catalina provided updates across its broader project portfolio. At the Central Yilgarn Gold Project, extensive RC drilling completed between December 2025 and February 2026 across Evanston and Yerilgee is undergoing analysis and interpretation, with further updates expected once the process is complete.
At Breakaway Dam, the company completed around 1,600 metres of drilling in March aimed at testing conductor thickness and continuity within priority DHEM targets. Additional downhole electromagnetic work was also undertaken, with results currently under analysis.
The updated interpretation at Beasley Creek marks a shift from a single-target focus toward a broader structural corridor model supported by multiple targets. With Flamingo advancing toward drilling, additional targets being refined, and government co-funding secured, the upcoming drilling window may provide the next test of this evolving exploration framework.
Shares of CTN last traded at AUD 0.063 on 27 April 2026.
