Catalina Resources' latest drilling success

Catalina Resources (ASX:CTN) has completed a two-hole diamond drilling campaign at its Rock Lodge Project in NSW. The drilling revealed significant alteration zones indicative of gold mineralization. Core processing is in progress, and samples will be analyzed for gold and multielements.

Key takeaways and future outlook

Catalina Resources has successfully executed a diamond drilling program at its Rock Lodge Project, uncovering promising signs of gold mineralization. The presence of various sulphides hints at an underlying intrusion. Ongoing core processing and forthcoming assays will determine the next steps, with further drilling and an induced polarization survey under consideration. Catalina aims to enhance shareholder value through strategic exploration and development efforts across its diverse mineral projects.

Executive insights on recent findings

The presence of sulphides such as pyrite, pyrrohotite, chalcopyrite, galena, and sphalerite suggests a possible genetic link to an intrusion at depth.