Catalina Resources (ASX:CTN) has secured exploration license E38/3847 near the Burtville Gold Mine in Laverton. This strategic acquisition aims to explore the underexplored mineralized Burtville-Karridale mine corridor, known for significant gold deposits.
Catalina Resources has announced the acquisition of exploration license E38/3847 near Laverton, enhancing its presence in the mineral-rich Laverton Tectonic Zone. Historically underexplored, the area offers potential for gold exploration along the Burtville-Karridale mine corridor. Catalina plans to conduct geochemical sampling to identify viable drill targets, aiming to unlock the area's gold potential. The company continues to focus on creating shareholder value through successful exploration and development, with an eye toward transitioning projects into production.
The exploration license E38/3847 is an exciting addition to our portfolio, strategically located near the Burtville Gold Mine. We are eager to explore this historically underexplored area, which holds significant potential for gold discoveries.