Catalina Resources unveils Laverton drilling success

Catalina Resources (ASX:CTN) has announced encouraging assay results from its drilling program at the Laverton Project. The results reveal a significant zone of gold mineralization, with a notable intersection of 44 meters at 1.01 g/t gold. The discovery includes higher-grade intervals and highlights the presence of rare earth elements.

Catalina Resources outlines next steps

Catalina Resources' recent drilling program at Laverton has identified a significant gold mineralization zone along the Barnicoat Shear Zone. The best intersection reported is 44 meters at 1.01 g/t gold, with additional higher-grade intervals. The presence of rare earth elements around magnetic anomalies further enhances the project's potential. The company plans to pursue additional reverse circulation drilling to explore the mineralized zone at greater depths, aiming to uncover the source of the gold mineralization. Catalina's strategic location within the Laverton Gold Province and its proximity to major mining operations underscore the project's importance. The company remains committed to advancing its understanding of the structural and lithological controls of mineralization as part of its exploration strategy.

Insights from the latest drilling results

The results from our Laverton Project are promising and highlight the potential of the Barnicoat Shear Zone. We are excited about the significant gold intersections and the presence of rare earth elements, which support the project's strategic importance.