Black Cat Syndicate Buys Milling Facility for Kal East

THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) has purchased a 1.5 million tonnes per annum milling facility for the company’s Kal East gold project near Kalgoorlie in Western Australia.

The processing facility, which comprises two mills, will be centrally located near the project’s Imperial/Majestic deposits.

Black Cat Syndicate explained the traditionally configured gravity and CIL gold plant is suited to the deposits as well as, potentially, any third party free milling ores in the region.

Black Cat flagged it intends to install one of the two mills initially, reserving the second for future milling capacity expansion.

“The milling facility is ideal for our planned processing facility and includes sufficient grinding capacity for potential future expansion,” Black Cat Syndicate managing director Gareth Solly said in the company’s ASX announcement.

“Due diligence by a team of experts has confirmed that the facility was operated for less than five years, has been well maintained and is in excellent condition.

“We are currently estimating the impact this milling facility has on our construction schedule and construction cost estimates for both the initial facility as well as the potential expansion case.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackcatsyndicate.com.au

 

Web: www.blackcatsyndicate.com.au