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Black Cat Syndicate Ltd.
Summary
| Project: | Bulong | |
|---|---|---|
| Deposit: | Melbourne United | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/19/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-12-2018: Black Cat Syndicate Ltd. announces an Exploration/Drilling Update report for its Melbourne United deposit at the Bulong project. Drilling results incl. 3m @ 13.44g/t Au from 24m. Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pl | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gareth Solly (Internal) | |
| ABSTRACT: | Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pleased to announce an update on RC drilling and WA Government Exploration Incentive Scheme (“EIS”) co-funded diamond holes recently completed along the 6km long Queen Margaret Corridor. This Corridor hosts a number of historic mines including Queen Margaret, Melbourne United and Strathfield. Mineralisation in the Queen Margaret Corridor has consistently shown to be related to a porphyritic felsic intrusive (“QM Porphyry”) offset along strike by a series of NE and NW trending faults. The purpose of the RC holes was to test whether the resource work at Queen Margaret can be potentially extended 400m to Melbourne United being a continuation of the Queen Margaret mineralised system, albeit in an offset position. The purpose of the EIS diamond holes was to better understand the stratigraphic and structural controls on the high-grade gold mineralisation throughout the Corridor. Two diamond holes were drilled under Queen Margaret and one under each of Melbourne United and Strathfield. The oriented diamond core will be used to characterise the mine sequence stratigraphy. Core will also be structurally, geochemically and petrographically analysed to confirm the consistent stratigraphy along the Corridor | |
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