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Shree Minerals Limited ( (AU:CTN) ) has issued an announcement.
Catalina Resources Ltd has completed the acquisition of the Central Yilgarn Project, encompassing the Yerilgee and Evanston greenstone belts, from Dreadnought Exploration Pty Ltd. These projects, located in a highly prospective yet underexplored region of the Yilgarn Craton, cover over 650 km² and feature promising prospects for gold and other minerals. Key targets within these belts, such as the T6, T8, T11, T1, and T2 Gold Camps, have demonstrated significant gold mineralization with high-grade intercepts that remain largely untested. This acquisition positions Catalina Resources advantageously within the mineral exploration industry, offering potential for substantial future resource development and exploration activities set to commence in Q1 2025.
More about Shree Minerals Limited
Catalina Resources Ltd is an Australian diversified mineral exploration and mine development company. The company’s focus involves exploring and developing mineral resources, with a primary interest in gold, iron ore, lithium, nickel, and Cu-Zn-Ag massive sulphides within underexplored regions, such as the Yilgarn Craton.
Current Market Cap: A$3.73M
For a thorough assessment of CTN stock, go to TipRanks’ Stock Analysis page.
