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Black Cat Syndicate Ltd.
Summary
| Project: | Bulong | |
|---|---|---|
| Deposit: | Myhree | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/23/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-7-2018: Black Cat Syndicate Ltd. announces an Exploration/Drilling Update report for its Myhree deposit at the Bulong project. Drilling results incl. 1m @ 36.9g/t Au from 14m. Black Cat Syndicate Limited (“Black Cat”) is pleased to announce the first r | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gareth Solly (Internal) | |
| ABSTRACT: | Black Cat Syndicate Limited (“Black Cat”) is pleased to announce the first results from RC drilling at Myhree. Black Cat Managing Director, Gareth Solly said “Myhree was targeted as a result of the development and refinement of 3D geological models on numerous prospects at the Bulong Gold Project. The high grade results are in stark contrast to historic RAB drilling completed by previous explorers and demonstrates our enhanced understanding of the opportunities at Bulong. Of particular significance, is that Myhree may represent a third corridor between Queen Margaret and Trump which sits 1,400m along strike of Boundary and with anomalous historic drilling results in between”. Myhree is named after historic mines between the Strathfield workings on the Queen Margaret Corridor to the east and the parallel Trump workings to the west (Figure 1). Historic shafts have been sunk in a sporadic nature with more recent prospector workings also evident. Mineralisation was previously noted in shallow air core drilling completed in 1992 by General Gold. In 1999 Acacia Resources undertook RAB drilling between Myhree and Boundary intersecting mineralisation in several holes. Bulong Mining Pty Ltd drilled four 17m deep RC holes in 2012 all intersecting shallow mineralisation. No further historic work has been undertaken at Myhre | |
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