Black Cat Syndicate Confirms Open Gold at Speedy

THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) continued its run of drilling highlights from the company’s 100 per cent-owned Coyote gold operation in northern Western Australia.

Black Cat Syndicate received assays for the first 15 holes of a 37 hole RC drill program at the shallow, high-grade Speedy deposit that it said had continue to confirm gold mineralisation in targeted positions.

Latest assays received include:

22CYRC0009
9 metres at 19.22 grams per tonne gold from 172m, including 1m at 88.5g/t gold and 1m at 41.5g/t gold;

22CYRC0009
6m at 2.16g/t gold from 164m;

22CYRC0010
3m at 3.22g/t gold from 143m; and

22CYRC0011
3m at 2.14g/t gold from 129m.

Black Cat noted these results confirm that Speedy is not closed off at depth or along strike.

“The bonanza grade of 9 metres at 19.22 grams per tonne gold and up to 88.5 grams per tonne over one metre at Speedy is typical of the Coyote mineralisation,” Black Cat Syndicate managing director Gareth Solly said in the company’s ASX announcement.

“This result highlights the upside of the system and we expect to see more results of this quality as our drilling progresses.

“At Coyote if you intersect a quartz lode there is a good chance that high-grade gold mineralisation is nearby.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.blackcatsyndicate.com.au