For thousands of other reports visit RSC's Mineral Intellingence Map

Black Cat Syndicate Ltd.

opaxe

Summary

Project:

Bulong

Deposit:Bulong
Location:Australia
Commodities:Gold
Date:12/10/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Feasibility Study
Report details:10-12-2019: Black Cat Syndicate Ltd. announces an Exploration/Drilling Update report for its Bulong deposit at the Bulong project. Drilling results incl. 1m @ 63.1g/t Au from 4m. Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pleased to ann
Resources:(Resource, I+I): 2.6Mt @ 2.4g/t Au for 206Koz Au contained at Bulong total
CP/QP:[Overall Report]: Edward Summerhayes (Internal)
ABSTRACT:Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pleased to announce an update on activities at the Bulong Gold Project (“Bulong”), including results from recent drilling. Black Cat’s Managing Director, Gareth Solly said: “The Trump Corridor now extends over 1,300m and the mineralisation is continuing to thicken. This may have a positive impact on the upcoming Myhree-Trump feasibility study. We are pleased with the initial results from Greater Woodline. Mineralisation was intersected at each of the targets being Anomaly 38, Fenceline and Woodline. Information gained from this initial program will assist in vectoring in for gold on subsequent programs. Greater Woodline provides a significant opportunity to discover multiple high grade gold deposits and we are making excellent progress with our targeting methodology.” RC drilling consisted of 6 holes for 510m. Drilling was designed to test for extensions of the recently discovered lode at Trump North, including the 4m @ 13.46 g/t Au from 50m (19TRRC025)1 . Drilling was planned to extend Trump North to the north, south, and at depth. Mineralisation was intercepted in 4 of the 5 holes and extended the strike of the mineralisation along strike while the depth has increased to 100m below surface (Figures 1 and 2).

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report