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Black Cat Syndicate Ltd.
Summary
| Project: | Bulong | |
|---|---|---|
| Deposit: | Myhree | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/9/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-7-2019: Black Cat Syndicate Ltd. announces an Exploration/Drilling Update report for its Myhree deposit at the Bulong project. Drilling results incl. 7m @ 6.85g/t Au from 174m. Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pleased to ann | |
| Resources: | ||
| 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 drilling results from the Myhree deposit. Black Cat’s Managing Director, Gareth Solly said: “The continuation of thick, high-grade results, deep into the Myhree system is extremely positive. With mineralisation down to 300m, the scale potential at Myhree is encouraging in terms of both open-pit and underground potential. While most drilling has been shallow and focused on a defining a high-grade open pit, we have been steadily testing and increasing the depth of mineralisation, which is only constrained by a lack of drilling. These latest results will be incorporated into a Resource upgrade for Myhree to be announced mid-July 2019. RC drilling was undertaken at Myhree to extend mineralisation both at depth and to the north with 15 holes completed for 2,398m. Drilling has shown that depth extensions to the mineralisation at Myhree continue to exhibit excellent widths and grades. These results represent the deepest drilling into the Myhree-Boundary Corridor to date (Figure 1). | |
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