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Black Cat Syndicate Ltd.

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Summary

Project:

Bulong

Deposit:Bulong
Location:Australia
Commodities:Gold
Date:2/18/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:18-2-2019: Black Cat Syndicate Ltd. announces a Resource Estimation report for its Bulong deposit at the Bulong project. Initial mineral resource estimate at the project. Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pleased to announce a
Resources:(Resource, I+I): 1.40Mt @ 2.5g/t Au for 109Koz Au contained
CP/QP:[Resources]: Matthew Karl (Mining Plus Pty Ltd.)
ABSTRACT:Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pleased to announce a maiden JORC 2012 Mineral Resource Estimate (“Resource”) at the Bulong Gold Project (“Bulong”) totalling 1.4 million tonnes at 2.5 g/t Au for 109koz of contained gold. Black Cat’s Managing Director, Gareth Solly said: “We are pleased to report a maiden Resource at Bulong from only 10 months of activity. This time last year we had just completed our IPO, had one full time employee and had not started drilling. The maiden Resource has come about quickly and demonstrates what can be achieved when you have a great project in a great location. Importantly, the maiden Resource sits on only 14% of the length of the three main corridors that remain open along strike and at depth. This is only the first step in the rediscovery of the Bulong goldfield as we continue to drill these highly prospective corridors.

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