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Black Cat Syndicate Ltd.
Summary
| Project: | Bulong | |
|---|---|---|
| Deposit: | Myhree | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/22/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 22-11-2019: Black Cat Syndicate Ltd. announces an Exploration/Drilling Update report for its Myhree deposit at the Bulong project. Drilling results incl. 5m @ 6.71g/t Au from 163m. Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pleased to a | |
| 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: “Myhree continues to deliver excellent results and will be prioritised before the next Resource upgrade in the March 2020 quarter. All holes into the Myhree Southern Offset to date have intersected mineralisation and confirm the interpretation of the geology and the likely fault offset. Excitingly, Myhree remains open to the south and at depth with significant potential for Resource growth. Drilling at Myhree will recommence on 26 November 2019 and will continue until the Christmas break. We are also extremely pleased with the outcomes of recent SAM surveys that have identified numerous high priority targets that will be drilled during 2020. In the meantime, infill drilling and metallurgical drilling is currently progressing to upgrade the current Resource prior to completion of a maiden Ore Reserve as part of the Myhree-Trump Feasibility Study due in the June 2020 quarter. Additionally, RC drilling at Trump North as well as Anomaly 38, Woodline and Fenceline in the Greater Woodline area has been completed with results pending.” | |
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