The maiden 105-hole air core drill program was completed at the...

• The maiden 105-hole air core drill program was completed at the Dundas Project in December 2022. The Dundas Project occurs in an underexplored green fields region in the Albany Fraser Belt of WA.
• The receipt of the REE assays, are an excellent beginning to the exploration of the region for Catalina Resources. The coincidence of lithium with the anomalous REE geochemistry is unusual and juhstifies the high regard Catalina has for the region.
• These anomalous REE and lithium assays reinforces Catalina’s belief that Dundas will emerge as a significant asset in a prospective and very underexplored location. Assays indicate significant REE intersections up to 16m thick and anomalous Li intersections up to 44m thick are present.
• The assays are derived from 4m composite air core drilling samples as per the company’s ASX announcement of 27 February 2023. The one-meter re-splits were collected from the on-site sample piles in March 2023. A total of 127 samples were collected from 8 holes. Assays are expected in 6-10 weeks.