Catalina Resources has kicked off a substantial drilling campaign at Central Yilgarn and completed the acquisition of the Beasley Creek Gold Project, signalling a strategic expansion in Western Australia’s gold exploration landscape.
- Phase 1 of 20,000m drilling program underway at Central Yilgarn
- Acquisition of Beasley Creek Gold Project completed, adding district-scale opportunity
- Flamingo prospect identified as priority drill target at Beasley Creek
- Laverton’s Halo Project assay results extend mineralisation zones
- Corporate updates include director resignation and adoption of updated constitution
Central Yilgarn Drilling Program Commences
Catalina Resources Ltd has initiated Phase 1 of an ambitious 20,000-metre drilling program across its Central Yilgarn Project, targeting multiple priority prospects within the Evanston and Yerilgee Greenstone Belts. This program, comprising approximately 10,000 metres of Reverse Circulation and Aircore drilling, aims to test structural and lithological targets known for historical gold and base metal mineralisation. The region, located roughly 190 kilometres northwest of Kalgoorlie, is notable for its underexplored corridors prospective for gold, nickel, lithium, and rare earth elements.
Drilling is focused on prospects such as Leghorn, Viper South, T1B, Chicken Little, Snowflake, and T8, with assay results expected in the coming months. Historical intercepts in these areas include significant gold grades and copper mineralisation, underscoring the potential for resource expansion.
Strategic Acquisition of Beasley Creek Gold Project
During the quarter, Catalina completed the acquisition of the Beasley Creek Gold Project in the Pilbara region, adding a district-scale gold opportunity to its portfolio. The project lies within the Mallina Basin, a prolific gold corridor that hosts several established gold operations, including the former Paulsens Gold Mine, which produced over 900,000 ounces of gold at high grades.
An independent technical review has confirmed strong prospectivity for shear-hosted orogenic gold mineralisation along the Mithgoondy Shear Zone, with the Flamingo prospect emerging as a drill-ready target. This prospect exhibits coincident soil geochemical anomalies and favourable structural features, positioning it as a key focus for upcoming exploration activities.
Laverton Project Assay Results and Portfolio Rationalisation
Assay results from the September 2025 drilling campaign at the Halo Project within Catalina’s Laverton portfolio have extended known mineralisation zones along strike and at depth. Significant gold intercepts include grades up to 11.5 grams per tonne over one metre, highlighting the prospectivity of the Barnicoat Shear Zone corridor.
In a strategic move to streamline its asset base, Catalina announced plans to divest its Laverton project portfolio to Forrestania Resources Limited. This divestment aligns with the company’s focus on advancing its Central Yilgarn and Beasley Creek projects.
Corporate Governance and Financial Position
The quarter saw the resignation of Non-Executive Director Martin Bennett, effective November 6, 2025. Catalina also held its Annual General Meeting, where shareholders approved an updated company constitution to align with contemporary governance standards and regulatory requirements.
Exploration expenditure for the quarter totalled approximately $756,647, primarily directed towards Western Australian projects. The company ended the period with cash reserves of $3.08 million, providing a solid financial footing to support ongoing exploration and development activities.
Bottom Line?
With drilling underway and a new district-scale project in hand, Catalina Resources is poised for a pivotal year in gold exploration.
Questions in the middle?
- What will the upcoming assay results reveal about the Central Yilgarn drilling targets?
- How will the Beasley Creek acquisition impact Catalina’s resource base and valuation?
- What are the terms and timeline for the Laverton portfolio divestment to Forrestania Resources?