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Black Cat Syndicate Ltd.
Summary
| Project: | Bulong | |
|---|---|---|
| Deposit: | Myhree | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/4/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-5-2020: Black Cat Syndicate Ltd. announces an Exploration/Drilling Update report for its Myhree deposit at the Bulong project. Drilling results incl. 28m @ 6.59g/t Au from 5m. The northern holes all intersected and ended in mineralisation with the assay | |
| Resources: | (Resources, I+I): 3.498Mt @ 2.6g/t Au (294koz Au) | |
| CP/QP: | [Overall Report]: Edward Summerhayes (Internal) | |
| ABSTRACT: | The northern holes all intersected and ended in mineralisation with the assay results showing high grades that are consistent with previous drilling and having little influence from the possible narrow high grade structures identified in the diamond drilling. In addition, the results indicate that the Resource has the potential to be thicker than previously modelled (Figure 3). This upside will be tested in the next drilling program, scheduled to begin in late May 2020. The results in the south from 20MYRC013 and 20MYRC014 are in line with expectation. The program consisted 9 RC holes for 351m and was concentrated in two areas. Two of the nine holes (20MYRC013-20MYRC014) were drilled into the southern area of Myhree. The remaining seven holes (20MYRC015-20MYRC021) were drilled into the northern area, where past drilling had encountered thick, shallow, high grade mineralisation (Figures 3 and 4). | |
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