Black Cat Syndicate Continues to Encounter Gold at Myhree

THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) has continued to encounter high-grade gold intersections from drilling underway at the company’s Bulong gold project in Western Australia.

Recent shallow RC drilling at Myhree returned several zones of thick, high grade mineralisation from drill holes drilled parallel to the strike of mineralisation to investigate a possible east-west high-grade vein set observed in previous diamond core samples.

Results include:

28 metres at 6.59 grams per tonne gold from 5m, hole ended in mineralisation;

3m at 41.95g/t gold from 41m;

9m at 10.11g/t gold from 24m, hole ended in mineralisation;

9m at 7.84g/t gold from 24m, hole ended in mineralisation;

13m at 4.6g/t gold from 20m, hole ended in mineralisation; and

7m at 3.76g/t gold from 26m, hole ended in mineralisation.

Black Cat Syndicate is continuing to progress the Myhree Feasibility Study, with recent activity including RC sterilisation drilling to identify locations for infrastructure.

This included encouraging results to the north of Myhree of:

2m at 11.57g/t gold from 37m.

The company explained it has follow-up drilling planned for this area.

Black Cat also completed diamond drilling for additional geotechnical and metallurgical testwork at Myhree during April 2020.

This core is currently being logged with assays expected in late May 2020.

“The thick zones of mineralisation at Myhree are pleasing and demonstrate a robust project that continues to provide consistently high grades,” Black Cat Syndicate managing director Gareth Solly said in the company’s announcement to the Australian Securities Exchange.

“The latest round of RC drilling was undertaken to aid the Myhree Feasibility Study, with sterilisation of potential infrastructure sites and fine tuning of the Resource model.

“The potential for additional Resource upside as a result of the results in the north of Myhree will be investigated when drilling resumes in late May 2020.”