For thousands of other reports visit RSC's Mineral Intellingence Map
Black Cat Syndicate Ltd.
Summary
| Project: | Bulong | |
|---|---|---|
| Deposit: | Myhree | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/17/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-1-2020: Black Cat Syndicate Ltd. announces an Exploration/Drilling Update report for its Myhree deposit at the Bulong project. Drilling results incl. 7.70m @ 21.38g/t Au from 123.13m. Black Cat Syndicate Limited (“Black Cat” or “the Company”) is please | |
| 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. Diamond drilling consisted of five holes (789.9m) for metallurgical testwork (including 487m RC precollar). Holes were designed to provide representative mineralised rock for comminution testing of the existing Resource. Metallurgical and comminution testing of these holes is underway. Mineralised zones correlate well with modelled zones in the existing Resource with higher than expected grades and several occurrences of visible gold (see Figure 1). These high grade intercepts may have a positive effect on the Myhree/Trump Resource. Along with metallurgical testing of the main lode, diamond hole 19MYDD006 was extended to test an interpreted footwall lode position. It intersected 7.70m @ 21.38 g/t Au. Additional infill drilling is planned for this lode. Twelve RC drill holes were also completed for 3,356m. The holes were designed to extend and infill the Myhree Resource ahead of the March 2020 Resource update. Results from the extensional drilling show that the mineralised structures continue to the south. Infill drilling results were as expected for those areas of the Resource drilled. | |
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