Catalina Resources Ltd (ASX:CTN) Breakaway Dam Copper Lithium Project Acquisition Completed

About this update from Catalina Resources Limited

Perth, Australia, June 29, 2026 - (ABN Newswire) - Catalina Resources Limited (ASX:CTN) announces it has completed the acquisition of the Breakaway Dam Copper and Lithium Project in Western Australia from Forrestania Resources Limited (ASX:FRS). The Breakaway Dam Project, located 17km east of Menzies, hosts a copper-rich volcanogenic massive sulphide (VMS) system with lithium potential. Recent drilling by Catalina has extended the mineralised strike length by 70% to 1.2km. The Company will now undertake a comprehensive review to prioritise exploration activities across the project for both copper and lithium opportunities. HIGHLIGHTS - Acquisition of the highly prospective Breakaway Dam Copper and Lithium Project completed. - Forrestania Resources becomes a significant shareholder in Catalina through the transaction. - Breakaway Dam provides exposure to both an emerging copper discovery opportunity and an underexplored lithium opportunity. - Breakaway Dam hosts established copper mineralisation, with drilling returning results including: o 9.2m @ 0.48% Cu from 181.4m (estimated true width 8.7m), including higher-grade intervals of 0.95m @ 1.18% Cu from 181.4m and 1.7m @ 1.05% Cu from 188.9m (BDCDD2501). o 1.47m @ 1.97% Cu and 0.24% Zn from 236.35m (ETW1.4m) (BDCDD2502); o 4.2m @ 0.32% Cu and 0.29% Zn from 178.4m (ETW 4.1m) (BDCDD2504); and o 1.9m (ETW) @ 2.17% Cu from (BDCRC26016) - Catalina's maiden drilling program expanded the known mineralised strike by approximately 70% to 1.2km2and identified multiple priority conductor targets, with the system remaining open and potential strike extending to approximately 1.8km. - A comprehensive review of the Breakaway Dam Project is underway to assess and prioritise the next phase ofexploration across the Project's copper and lithium opportunities. Catalina Resources Limited (ASX:CTN) refers to its announcement dated 13 January 2026 regarding the acquisition of the Breakaway Dam Project from Forrestania Resources Limited (ASX:FRS) ("Forrestania") and the Company's subsequent General Meeting held on 10 March 2026, at which shareholders approved the issue of securities in connection with the transaction. The Breakaway Dam Project is a multi-commodity exploration project comprising an established copper-rich volcanogenic massive sulphide (VMS) system and an underexplored lithium opportunity, providing Catalina with ...

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