Black Cat Syndicate Drilling Boosts Myhree Confidence

THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) declared increased confidence in the company’s Bulong gold project outside of Kalgoorlie in Western Australia.

Black Cat Syndicate recently completed extensional and infill drilling programs at the project’s Myhree deposit.

Results from extensional drilling at Myhree, include:

7 metres at 4.24 grams per tonne gold from 187m and 4m at 5.85g/t gold from 201m;

11m at 2.63g/t gold from 185m; and

6m at 3.53g/t gold from 105m and 6m at 3.58g/t gold from 143m and 4m at 5.67g/t gold from 168m.

Myhree remains open at depth and extensional drilling is continuing to the north and at depth.

Results from Resource infill drilling at Myhree, include:

10m at 3.82g/t gold from 113m;

8m at 3.63g/t gold from 78m;

3m at 8.16g/t gold from 38m; and

2m at 7.96g/t gold from 122m.

Black Cat said the infill drilling increased the confidence in the existing Resource and is expected to result in an upgrade when updated in July 2019.

RC drilling has also been completed on SAM Target 1, to the south of the Boundary deposit, with results pending.

The mineralised strike over the Myhree and Boundary deposits now totals approximately 1,200m while the undrilled area between the deposits has been reduced to around 400m.

“The drilling at Myhree is now down to an average spacing of approximately 25 metres by 30 metres and continues to provide thick, high grade results,” Black Cat Syndicate managing director Gareth Solly said in the company’s announcement to the Australian Securities Exchange.

“This bodes well for an upgrade of the Resource in July 2019.

“Extensional drilling at depth has also been highly successful and shows the mineralisation is consistent in terms of widths and grades in the deepest holes to date.

“In the meantime, extensional drilling is continuing at depth and to the north of Myhree.

“We continue to close the undrilled gap along this strongly mineralised corridor.”