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Black Cat Syndicate Ltd.

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Summary

Project:

Bulong

Deposit:Queen Margaret
Location:Australia
Commodities:Gold
Date:5/16/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-5-2018: Black Cat Syndicate Ltd. announces an Exploration/Drilling Update report for its Queen Margaret deposit at the Bulong project. Drilling results incl. 3m @ 116.33g/t Au from 0m. Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pleas
Resources:x
CP/QP:[Overall Report]: Gareth Solly (Internal)
ABSTRACT:Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pleased to announce the first results from its 2018 Phase 1 drilling program. RC Drilling to date has been highly efficient with 139 holes for 8,757m of RC drilling completed over a total of 3km of strike. Drilling is ahead of time and within budget. Targets where initial drilling has been conducted include Queen Margaret, White Horse offset, Slug Hill, Queen Margaret South, Strathfield and Vulcan. Black Cat’s Managing Director, Gareth Solly said “the first phase of drilling over Black Cat’s southern targets has demonstrated the highgrade potential of the Bulong area. Although we have only completed 30% of our planned 2018 drilling, we have been buoyed by high-grade drill results to date, confirmed our geological model and validated the historical drilling on the southern leases. The next step is to extend the successful drilling at Queen Margaret and commence Phase 2 drilling over the many exciting targets on our northern leases.

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