THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) has been busy at the company’s Bulong gold project in Western Australia.
Black Cat Syndicate recently completed an RC drilling program at the 100 per cent-owned Boundary project with the aim of extending mineralisation to the south of SAM Targets 1 and SAM Target 2 and to test the deeper parts of the system at Boundary and Boundary South.
Depth extension drilling to Boundary and Boundary South intercepted multiple mineralised structures with results including:
16m at 2.18 grams per tonne gold from 159m; and
3m at 2.11g/t gold from 51m.
Exploration drilling on SAM Target 1 returned encouraging results, including:
2m at 2.13g/t gold from 59m and 2m at 2.09g/t from 66m; and
6m at 1.2g/t gold from 64m.
Further exploration drilling on SAM Target 2 also returned encouraging results, including:
3m at 3.93g/t gold from 90m.
Black Cat Syndicate expects these results will add to the current Resources when updated later this quarter.
The mineralised strike across the Myhree and Boundary deposits now totals around 1,250 metres, while the untested area between the deposits has been reduced to approximately 150m.
Black Cat indicated it plans to assess the updated Boundary Resource with the current Feasibility Study underway at Myhree and Trump, which is due for completion in the June 2020 quarter.
Other work involved geological interpretation of the SAM data collected in the Greater Woodline region that resulted in high priority drill ready targets identified, including Anomaly 38, Woodline, Fenceline and Solitaire.
“The drilling results at Boundary and the SAM Targets are encouraging and have increased the known strike of the Boundary system to 900 metres, not including SAM Target 2 which may prove to be a link to Myhree,” Black Cat Syndicate managing director Gareth Solly said in the company’s announcement to the Australian Securities Exchange.
“The extensions at Boundary provide encouragement of a larger scale system at depth.
“Mineralisation remains open in all directions and has the potential for additional high-grade zones, similar to Myhree.
“The Myhree/Trump Feasibility Study will also incorporate Boundary mineralisation.
“In addition, we are excited about the high priority targets from the Greater Woodline SAM survey.
“Greater Woodline already contains numerous high-grade drilling intercepts spread amongst a very large soil anomaly.
“The delineated targets will be drill tested during the December 2019 half.”