Catalina Resources (ASX:CTN) expands Beasley Creek exploration corridor and secures EIS co-funding

Catalina Resources (ASX:CTN) expands Beasley Creek exploration corridor and secures EIS co-funding

April 29, 2026 Off By MarketOpen

Catalina Resources has provided an updated exploration summary for its 100%-owned Beasley Creek Project in Western Australia’s Pilbara, where ongoing integrated geological, geochemical and geophysical interpretation has materially advanced the exploration model and expanded the scale and strike extent of the exploration opportunity along the Mithgoondy Shear Zone.

Highlights

  • Expanded scale and strike extent of the exploration opportunity at Beasley Creek
  • Flamingo Target confirmed as part of a broader structurally controlled Cu–Au hydrothermal corridor
  • Additional priority targets Golden Hand and King Brown identified, with silver anomalism at Black Head
  • Initial drill collars defined at Flamingo, with further targets progressing toward drill readiness
  • First pass RC drilling targeted for July to August 2026
  • Up to $180,000 in EIS co-funding awarded for drilling at Flamingo

The updated interpretation demonstrates that Flamingo forms part of a broader, structurally controlled multi element hydrothermal corridor, with mineralisation extending beyond the original target area into structurally and stratigraphically analogous positions along the Mithgoondy Shear Zone.

This work has advanced from initial target generation to refinement, resulting in the delineation of multiple priority targets across the project area.

Within this framework, Golden Hand has been defined by coherent geochemical anomalism and similar geological characteristics to Flamingo, supported by geophysical signatures.

King Brown is defined along an unconformity contact, with linear arsenic anomalism and associated Cu–Au–Ag signatures, while Black Head represents a silver anomalous target associated with a gossanous and manganiferous coarse clastic unit, with these targets forming part of a growing pipeline progressing toward drill testing.

Geological work has integrated soil sampling, mapping and interpretation across multiple datasets, advancing the project through staged exploration.

At Flamingo, the target is located within a well defined east–west trending zone of shearing and faulting and is associated with a lens shaped arsenic anomaly developed within a broader zinc halo, with discrete copper, gold and silver geochemical cores occurring within this framework.

Catalina has been awarded up to $180,000 in co-funding under the Western Australian Government’s Exploration Incentive Scheme for drilling at Flamingo, supporting planned drilling and reducing the cost of initial drill testing, with heritage clearance activities progressing.

Planned exploration includes analysis of approximately 300 soil samples, reconnaissance geological mapping across Flamingo, Golden Hand, King Brown and Black Head, and first pass RC drilling scheduled for July to August 2026.

Catalina Resources Executive Director Ross Cotton said

“Catalina has materially expanded the exploration opportunity at Beasley Creek, with Flamingo now interpreted as part of a broader, structurally controlled Cu–Au hydrothermal corridor along the Mithgoondy Shear Zone.”

The current program is structured to progress these targets through staged surface exploration and drill testing, with Flamingo representing the most advanced target and additional targets to be refined through ongoing soil sampling and geological interpretation.

The Beasley Creek Project is located in the Pilbara region of Western Australia and is centred on the Mithgoondy Shear Zone, a prospective structural corridor for hydrothermal mineralisation, with exploration activities continuing to advance defined targets toward drilling and further evaluation.

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