AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- Catalina Resources has launched a diamond drilling program at the Rock Lodge Project.
- The program focuses on deeper angled diamond drill holes o expand on previous findings.
- Significant mineralised zones were identified during the 2022 RC drilling campaign with key intersections including 24m of mineralisation, featuring 2m @ 2.13 g/t Au and 2m @ 2.12 g/t Au.
Catalina Resources Ltd (ASX:CTN) has commenced diamond drilling at the Rock Lodge Project (EL 9155), with plans to drill deeper angled holes beneath the RC holes completed in 2022.
The Rock Lodge Project (EL 9155), covering 163 km², is a considered prospectiveprospective for orogenic, Intrusion-Related Gold Systems (IRGS), and skarn-related gold mineralisation.
Historical drilling has highlighted the area’s significant mineralisation, with mineral assemblages resembling those found in other deposits within the Canberra to Cooma region of the Ordovician Lachlan Fold Belt.
Rock chip samples from the site have returned notable gold grades, including best results of 7.3 g/t Au, 6,049 ppm As, and 446 ppm Bi. Additionally, the company’s reverse circulation (RC) drilling campaign in April 2022 intersected several stacked gold and silver lenses at Rock Lodge.
Key drill results included the deepest RC hole SRLRC05, which intersected four different mineralised zones from 75m to 99m, with assays including 2m at 2.13 g/t Au and 2m at 2.12 g/t Au.
The rocks at the end of hole SRLRC05, at 102m, still showed pervasive hydrothermal alteration signs, suggesting the potential for additional mineralised zones to be encountered in future drilling.
In SRLRC02, located west of SRLRC05, drilling returned 8m @ 1.08 g/t Au including 3m @ 2.12 g/t Au. Intersections from SRLRC02 to SRLRC05, in combination with historical drilling, define a broad (60m) mineralised envelope.
CTN shares traded at AU$0.004 each on 6 November 2024.
