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Black Cat Syndicate Ltd.
Summary
| Project: | Fingals Fortune | |
|---|---|---|
| Deposit: | Fingals Fortune | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/10/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-7-2020: Black Cat Syndicate Ltd. announces a Resource Estimation report for its Fingals Fortune deposit at the Fingals Fortune project. Resource Estimate converted to JORC 2012. Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pleased to a | |
| Resources: | (Resources, Inf.): 1.1Mt @ 2.3g/t Au (88koz Au) | |
| CP/QP: | [Resource] Iain Levy (Internal) | |
| ABSTRACT: | Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pleased to announce that the 2004 JORC Mineral Resources (“2004 Resources”) recently acquired at the Fingals and Rowe’s Find Gold Projects (see ASX announcements 28 May 2020 and 29 May 2020) have now been converted to 2012 JORC Mineral Resources (“2012 Resources”). Under ASX reporting guidelines, the 2004 Resources could only be stated once on acquisition (see announcement dated 28 May 2020) and this conversion was necessary in order to be able to continue to refer to these Resources. Fingals Fortune is contained on granted Mining Leases, having previously been mined in the early 1990’s. Striking north-north-west and dipping shallowly to the west, the deposit is located 45km southeast of Kalgoorlie. Historical mining extracted approximately 0.42Mt @ 2.7 g/t Au for 37,000 oz from the main Fingals Fortune open pit and another 20,000 oz from three nearby satellite pits1 . The Resource is currently open along strike and at depth, with historic RAB drilling indicating potential strike extensions. | |
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