Laverton Drilling Yields 18m @ 1.16 g/t Au and 12m @ 5,828 ppm TREO

Strong Drilling Results at Laverton

Catalina Resources Ltd has delivered encouraging results from two recent reverse circulation drilling campaigns at its 100%-owned Laverton Project in Western Australia. The drilling confirmed both gold and rare earth element (REE) mineralisation along the Barnicoat Shear Zone, a structurally significant corridor known for hosting multiple gold resources. Notably, intercepts included 18 metres at 1.16 grams per tonne gold and a high-grade REE intercept of 12 metres at 5,828 parts per million total rare earth oxides (TREO), highlighting the project's dual commodity potential.

These findings build on previous drilling success and underpin Catalina’s strategy to systematically explore extensions along strike and at depth. The company plans metallurgical test work at the Australian Nuclear Science and Technology Organisation (ANSTO) to assess the recoverability of rare earths, which are critical for emerging technologies such as electric vehicles and renewable energy.

Advancing Central Yilgarn Exploration

In the Central Yilgarn region, Catalina has made progress on its Yerilgee and Evanston Greenstone Belts following their acquisition from Dreadnought Resources. The company executed a Heritage Protection Agreement with the Marlinyu Ghoorlie claimant group, enabling planned drilling after a heritage survey scheduled for completion by late November 2025. Rock chip sampling at the Snowflake Prospect returned gold grades up to 84 grams per tonne, supporting refined drill targeting in this underexplored area.

An independent technical review by Apex Geoscience has prioritized follow-up gold targets across the region, setting the stage for a focused exploration campaign once heritage clearances are secured.

Strategic Acquisition of Beasley Creek Project

Catalina has secured a 100% interest in the Beasley Creek Gold Project located in the Pilbara Craton, a region known for significant gold endowment. The project is prospective for both orogenic and conglomerate-style gold mineralisation, with potential upside for rare earth elements. The acquisition terms include performance-linked milestones tied to drilling success and resource definition, aligning incentives for rapid advancement.

The Beasley Creek Project lies near established gold operations, including the former Paulsens Gold Mine, underscoring its strategic value. Catalina plans to leverage a comprehensive dataset of historical samples and geophysical surveys to generate drill targets, with no systematic drilling having occurred on the tenement in over two decades.

Corporate Developments and Financial Position

In a key leadership move, Catalina appointed Jade Smith as Executive Director and Chief Operating Officer. Mr. Smith brings over 20 years of executive experience across multiple sectors and is focused on optimising operations and governance to support the company’s next growth phase.

Financially, Catalina reported exploration expenditure of approximately $399,000 for the quarter and ended with cash reserves near $3 million. There were no substantive mining production activities during the period, reflecting the company’s focus on exploration and project development.