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Catalina Resources Strengthens Cash Position and Advances Exploration in Western Australia

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Catalina Resources Strengthens Cash Position and Advances Exploration in Western Australia

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Shree Minerals Limited ( (AU:CTN) ) has issued an update.

Catalina Resources Limited has announced the sale of its shareholding in MetalsGrove Mining Ltd, which has bolstered its cash reserves to support ongoing exploration activities. The company is advancing its Central Yilgarn Project with a heritage agreement and upcoming drilling program targeting gold and rare earth elements, while its Laverton Project’s drilling is on schedule, with results expected soon. These developments reflect Catalina’s commitment to expanding its Western Australian portfolio and unlocking value for stakeholders.

More about Shree Minerals Limited

Catalina Resources Limited is a company engaged in the exploration of mineral resources, focusing on projects in Western Australia. The company is involved in identifying and developing gold and rare earth element deposits, aiming to enhance value through systematic exploration and effective capital management.

Current Market Cap: A$9.7M

See more insights into CTN stock on TipRanks’ Stock Analysis page.

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