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CATALINA RESOURCES LTD — Capital/Financing Update 2025
Jul 16, 2025
64716_rns_2025-07-16_920c98df-e4e3-4c5f-ac0f-f177754fd1ef.pdf
Capital/Financing Update
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ASX Announcement
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Operational and Corporate Update
Catalina Resources Ltd (ASX: CTN) (‘Catalina’ or the ‘Company’) is pleased to provide the following update on recent corporate activities and exploration programs across its Western Australian projects.
Sale of Listed Investment
The Company has completed the sale of its shareholding in MetalsGrove Mining Ltd (ASX: MGA), generating gross proceeds of $237,000 (before brokerage costs). These funds strengthen Catalina’s cash position and will be used to advance ongoing exploration initiatives.
Central Yilgarn Project
Catalina has executed a Heritage Agreement covering key tenements within its Central Yilgarn Project. A heritage survey is scheduled to commence imminently, clearing the way for a reverse circulation (RC) drilling program. The program will target high-priority gold and rare earth element (REE) anomalies identified from the 2023 aircore drilling campaign.
Laverton Project
RC drilling at the Laverton Project is progressing on schedule and is expected to be completed by Friday afternoon. On-site observations will be included in a market update expected next week. All assay samples will be submitted to the laboratory, with results to be reported as they become available.
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Figure 1 – Drill Rig at Laverton
T: 61 8 6118 1672
Catalina Resources Limited ACN 130 618 683 ASX: CTN
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catalinaresources.com.au
A : 38/18 Stirling Hwy, Nedlands WA 6009 Australia
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Catalina remains focused on advancing its Western Australian portfolio with a view to unlocking value through systematic exploration and disciplined capital management.
This announcement has been authorised for release by the Executive Director.
For further information, please contact: Ross Cotton Executive Director [email protected]
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T: 61 8 6118 1672
Catalina Resources Limited ACN 130 618 683 ASX: CTN
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catalinaresources.com.au
A : 38/18 Stirling Hwy, Nedlands WA 6009 Australia