Black Cat Syndicate Encounters High-Grade Diamond Drilling Intersections at Myhree

THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) followed up its Fingals and Rowe’s Find acquisition by releasing drilling results from the company’s Bulong gold project near Kalgoorlie in Western Australia.

Black Cat Syndicate recently completed recent diamond drilling at the project’s Myhree deposit that intersected numerous zones of high-grade mineralisation.

Six holes were drilled into the lower parts of the Myhree system to infill mineralisation at depth for conversion of Inferred Resource to Indicated, while also providing additional core samples for geotechnical and metallurgical test work.

Assay results include:

6.45m at 9.43 grams per tonne gold from 228.51m

1.99m at 8.3g/t gold from 242.43m
7.3m at 3.3g/t gold from 265.46m

0.85m at 13.55g/t gold from 129.48m
3.05m at 5.72g/t gold from 134.11m
1.97m at 11.68g/t gold from 155.06m

2.47m at 13.62g/t gold from 84.38m
2.14m at 21.03g/t gold from 95.06m
0.94m at 22.35g/t gold from 99.34m

2.38m at 4.55g/t gold from 144.10m
1.77m at 4.61g/t gold from 151.02m
4.66m at 6.58g/t gold from 191.69m

Black Cat declared the results from these holes demonstrate high-grades continue in predictable positions with all holes hitting multiple mineralised zones as anticipated.

The company has additional diamond holes underway to test deeper in the mineralised system.

“Myhree continues to deliver strong results, with high-grade intersections consistent with previous drilling as per our expectations,” Black Cat Syndicate managing director Gareth Solly said in the company’s announcement to the Australian Securities Exchange.

“The geotechnical results and positive gold assays will be fed into the Myhree mining study.

“The recent RC drilling at Bulong has also now been completed and assays are expected in mid-July 2020.

“Additional diamond holes are currently being drilled at Myhree with results due in late August 2020.

“RC drill planning on priority targets at Fingals is now underway and will be announced in July 2020.”