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Highlights
- Field reconnaissance programs are scheduled to begin in mid-June as Catalina advances exploration planning across its Mid-West tenure.
- Technical reviews and drill planning for priority targets is expected to be concluded within approximately six weeks.
- Heritage, land access and stakeholder engagement activities are underway to facilitate upcoming drilling programs across priority areas.
- The company reported indicative cash position of nearly AUD 5.037 million.
Catalina Resources Limited (ASX:CTN) has commenced exploration planning across its recently acquired Mid-West Projects in Western Australia, with field reconnaissance activities scheduled to commence in mid-June. The company has initiated a systematic review of geological and exploration data while progressing heritage, land access and stakeholder engagement activities aimed at advancing priority targets toward drilling.
Exploration Planning Underway Across Mid-West Portfolio
The systematic technical review of the newly acquired Kirkalocka, Pithara, Warriedar and Tallering project areas is underway. The review incorporates geological, drilling, geochemical and geophysical datasets to identify and prioritise targets for field inspection.
Field reconnaissance of selected targets is expected to begin in mid-June, with the objective of advancing priority prospects toward drill-ready status.
Focus on Priority Drill Targets
To progress priority targets toward drill testing, the company has initiated heritage due diligence, land access activities and engagement with farming stakeholders and local landholders. Technical review, field reconnaissance, target prioritisation, and drill planning are expected to take approximately six weeks.
The review process will incorporate historical data compilation, exploration target ranking and access considerations associated with future drilling programs across the project areas.
Kirkalocka Project Positioned Near Processing Infrastructure
The Kirkalocka Project, part of the expanded Mid-West portfolio, is located directly adjacent to the Kirkalocka Gold Processing Plant, which is currently being advanced toward recommencement with expected throughput capacity of 2 million tonnes per annum.
According to the company, historical mineralisation, existing exploration targets and proximity to regional infrastructure such as the Kirkalocka processing plant provide favourable conditions for ongoing exploration assessment and drill planning across the Mid-West assets.
Underexplored Greenstone Belts Offer Multiple Exploration Opportunities
The Mid-West Projects represent a substantial landholding prospective for gold and base metal mineralisation across several underexplored greenstone belts in Western Australia.
The portfolio includes historical workings, previously identified drill targets, geophysical anomalies and areas that have seen limited modern exploration. Historical exploration programs have outlined mineralisation, multiple mineralised trends and extensive datasets across the project areas.
Several areas within the portfolio remain underexplored and include high-grade orogenic gold systems and volcanogenic massive sulphide (VMS)-style mineralisation, with surface mineralisation and drill targets yet to be fully tested.
Funding Supports Near-Term Exploration Plans
Catalina stated that its recent capital raising has positioned the company to advance near-term drilling programs across priority target areas. The company reported an indicative cash position of approximately AUD 5.037 million.
CTN shares were trading at AUD 0.05 per share at the time of writing on 1 June 2026.
