25 September 2008
CATALPA RESOURCES LIMITED BROADCAST
Catalpa Resources
Limited (ASX:CAH), Perth-based gold
company, provides the opportunity to listen to an audio broadcast with
Bruce McFadzean, Managing Director in a presentation titled "CAH -
Exploration Highlights and Prospects".
To listen, simply click on the link below:
http://www.brr.com.au/event/51683
The presentation details are as follows:
Title: CAH - Exploration Highlights And Prospects
Presented
by: Bruce
McFadzean, Managing Director
Date/Time: Tues, 23 Sep 2008 09:00AM AEST
For further enquiries contact:
Bruce
McFadzean
Warrick Hazeldine / Annette Ellis
Managing
Director
Media and Investor Relations
Catalpa Resources Limited
Purple Communications
Tel (08) 9321
3088
Tel: (08) 9485 1254
ASX
Code: CAH
Total number of shares on issue: 345,377,313
Share Price Current:
(24 Sept 2008) $0.075
12 month range:
$0.075(high)
- $0.038 (low)
Board of Directors
Mr John
Rowe:
Non Exec Chairman
Mr Bruce McFadzean:
Managing Director
Mr Murray Pollock:
Non Exec Director
Mr Barry Sullivan:
Non Exec Director
Mr Chris Melloy:
Non Exec Director
Mr Nigel Johnson:
Non Exec Director
Mr Graham Anderson:
Company Secretary
Mr Leonard Math:
Company Secretary
Major Shareholders
Lion Selection Group
Limited
44.04%
Goldrich
Holdings
4.05%
Zero
Nominees
2.57%
HSBC Custody Nominees Aus.
2.03%
Charlemagne
Investments
1.35%
Drummond Shay
Margaret
1.16%
Geddes Angus
William
0.88%
ANZ Nominees
Limited
0.78%
Pretorius Leon
Eugene
0.58%
ABOUT CATALPA RESOURCES
Perth-based Catalpa Resources Limited (ASX: CAH) aims to become Australia's
next mid tier producer by developing its open pit assets, located on its
extensive and wholly-owned mining tenements in Western
Australia.
Catalpa is on the cusp of a new phase of development towards production
at its Edna May (gold) Project, conveniently positioned a few kilometres from
the infrastructure of Westonia, an established town with a long mining history.
The project is just 3 hours or 300km by road from Perth;
half way between Perth and Kalgoorlie
and ideally situated to be serviced by both centres.
Notably, there have been three previous successful mining programs which
have occurred both above and below the planned open pit at Edna May, which
significantly reduces the risk of Catalpa's current project.
Catalpa has an experienced and innovative Board and management team that
is committed to realising a timely production and cash flow profile from
the development of the Edna May open pit resources.
This is the company's immediate strategy; and an update to the Company's
2006 Edna May Gold Project Feasibility Study is on schedule to be finalised in
the September quarter 2008. In preparation for planned production at Edna
May, the Company relocated its 2.8mtpa Big Bell mill to site in 2007. The
mill is being maintained 'ready for construction' adjacent to the proposed
plant construction site.
Catalpa is pursuing parallel growth with a renewed exploration programme
underway of its 880km? of under-explored Westonia Greenstone Belt, and is
reviewing other regional opportunities for acquisition and/or joint venture. In
particular, Catalpa seeks to identify and develop new projects and/or
acquisitions on its extensive land holding or within the region, which is
prospective for gold, nickel and base metals.
Catalpa has a sound Resource base at Edna May with significant upside to
grow resources and reserves and move towards production. With a buoyant outlook
on the gold price, the Company's Board believes that Catalpa Resources presents
a sound investment opportunity with significant upside potential.
Catalpa Resources has adopted best practice standards across all its
operating activities, including its social, health and safety, environmental
management and corporate governance functions.
- ENDS -
Issued by
Purple Communications
Level 3, 28
Kings Park Road, WEST PERTH
WA 6005
Ph: 08 9485 1254 Fax: 08 6263
0455
purple@purplecom.com.au