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Highlights
- Catalina has appointed Jade Smith as Executive Director and COO.
- The Laverton RC drilling campaign has advanced six holes totaling ~1,000m.
- The company has submitted first batch of drilling samples for laboratory assay.
Catalina Resources Ltd (ASX:CTN) has announced the appointment of Mr Jade Smith to the company’s Board as Executive Director and Chief Operating Officer (COO), effective immediately. Mr Smith brings more than two decades of executive and consulting experience across government, health, education, and resource sectors.
Over the past quarter, he has conducted a comprehensive review of Catalina’s operations in Western Australia and Tasmania, focusing on optimising priorities and approaches across sites. At the corporate level, Mr Smith has been preparing the company for its next growth phase through a timely review of governance practices and processes.
On his appointment to the Board, Mr Smith commented, “The last few months servicing Catalina in a consulting capacity have been invaluable, and I am very much looking forward to bringing my learnings to effect in a Directorship capacity. My immediate focus lies with providing Board-level alignment on strategic objectives, due consideration of technical programs against historical and current datasets, as well as supporting the Board in assessing new opportunities, partnerships, and portfolio optimisation; ensuring the Company continues to deliver Shareholder value.”
In addition, Catalina’s Executive Director, Mr Ross Cotton, noted that Mr. Smith is a respected leader in the field of business transformation and optimisation, and his contributions have already influenced how the company operates and the way it will move forward. He further added that the board is very pleased to have him join as Executive Director and Chief Operating Officer.
Ongoing Drilling at Laverton Project
Catalina continues to progress the Laverton reverse circulation (RC) drilling campaign. Since commencing on 12 September, six holes have been advanced, reaching a total of approximately 1,000 metres at the Halo prospect within the Laverton Project. Drilling has achieved a maximum depth of 258m. The first batch of samples from completed holes has been collected and submitted for laboratory assay, with the second batch scheduled for submission during this week.
Shares of CTN traded at AUD 0.0040 at the time of writing on 22 September 2025.
