THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) is preparing RC drilling to resume at the company’s Bulong gold project in Western Australia.
Black Cat Syndicate will commence the RC drilling program in the Myhree-Boundary Corridor where drilling will focus on extension of the current Myhree Resource of 0.5 million tonnes at 3.2 grams per tonne gold for 50,000 ounces of gold.
Recent drilling by Black Cat has already increased the plunge of the mineralisation at Myhree by 40 per cent which remains open to the north, south and at depth.
The company indicated the drilling will also aim to confirm the existence of an additional structure between Myhree and Boundary (Boundary East) that was intersected in February 2019.
Step out drilling is also planned on the Trump Resource which has already enjoyed a 33 per cent increase in strike extent since the Resource announcement in February 2019.
“The first round of drilling for 2019 has shown significant extension to mineralisation well beyond the current Resources,” Black Cat Syndicate managing director Gareth Solly said in the company’s announcement to the Australian Securities Exchange.
“We have new targets between Myhree and Boundary that we will now begin testing.
“These should add scale to the next Resource upgrade at the same time as we continue to grow the existing mineralised structures.
“We are pleased with the results to date and the obvious potential to rapidly build a substantial Resource in a location that has low barriers to mining.”