Black Cat Syndicate Gets Final Grade Control Drilling Underway at Myhree Open Pit

THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) greeted early Friday morning risers with news of the resumption of grade control drilling at Myhree, located within the company’s Kal East gold project in Western Australia.

Black Cat Syndicate reported a RC drill rig has been mobilised to Myhree to complete the remaining 50 per cent of grade control drilling over the upper 50 metres of the Open pit Ore Reserves of 0.7 million tonnes at 2.2 grams per tonne gold for 52,000 ounces that have been defined at Myhree.

The program is expected to be completed in June 2022 with assays available July 2022.

On conclusion of this program, all pre-development drilling at Myhree will be complete.

This will allow mining to commence at Myhree either as part of a toll treatment arrangement or as the first open pit to be developed once the Kal East processing facility is constructed.

“Myhree was discovered in 2018 and it is a significant achievement by the team to have the open pit portion of the deposit in a position to be mined by July 2022,” Black Cat Syndicate managing director Gareth Solly said in the company’s ASX announcement.

“The current program will complete the remaining grade control drilling to 50 metres depth below surface and will be completed this month.

“A small amount of sterilisation drilling will also be conducted as part of our pre-mining activities around Myhree.”