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Catalina Resources (ASX: $CTN) intersects gold and REE at Laverton Project

Catalina Resources (ASX: $CTN) Aircore drilling program results


Catalina Resources Limited (ASX: $CTN) has announced the assay results for the recent Aircore drilling program at its Laverton Project. The program, conducted in February 2024, consisted of 25 Aircore holes drilled for 1,593m, targeting both gold and rare earth element (REE) prospects on EL38/3697.

Executive Commentary on Assay Results


The assay results from the Aircore drilling program at the Laverton Project are encouraging for Catalina Resources. The intersected gold and REE targets indicate the potential for significant mineralization in the area. The company is optimistic about the upcoming re-sampling of 1m split samples and the additional Aircore drilling planned to further explore the gold and REE targets.

Summary of Aircore Drilling Program Results


Catalina Resources' Aircore drilling program at the Laverton Project has yielded promising results, with anomalous gold and REE intersections. The company's plans to re-sample the 1m splits and conduct additional Aircore drilling demonstrate its commitment to further exploring the potential mineralization in the area. The Laverton Project, located in the highly mineralized Laverton Gold Province, presents an opportunity for Catalina Resources to expand its portfolio and contribute to the exploration and development of gold, base metal, lithium, and iron ore projects.

CATALINA RESOURCES LTD
CTN | ASX | Materials
0.0030(+0%)
At close 05/07 (AEDT)
Market cap
$3.7M
Volume
33,973
DY Yield
0
PE Ratio
0
52 Week Range
0.003 - 0.005
1YR Return
-98.158%

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