Black Cat Syndicate Reports on First Myhree Holes

THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) greeted the 2019 Brisbane Resources Roundup crowd with the release of results from the first diamond drilling program at the Myhree target within the company’s Bulong gold project in Western Australia.

Black Cat Syndicate designed the first three diamond drill holes into Myhree to infill the Resource and provide critical geological, geotechnical and metallurgical information on the mineralised structures.

High-grade results include:

1.7 meters at 335.96 grams per tonne gold from 52.2m, including 0.5m at 1,130g/t gold from 52.9m; and
7m at 9.84g/t gold from 59.5m.

4.74m at 5.99g/t gold from 166.3m; and
3.04m at 3.07g/t gold from 140.6m.

Black Cat Syndicate said the results demonstrate potential for high-grade zones within Myhree and highlight underground mining potential.

The company has commenced preparations for a December 2019 quarter drilling program, which is to include extensional RC drilling of the south-east extension of Myhree following up from an earlier intercept of 10m at 2.77g/t gold, diamond drilling, also at Myhree, for completion of final metallurgical and geotechnical studies and RC drilling for hydrogeological studies.

Other work will entail extensional drilling at the Trump North target following up on 4m at 13.46g/t gold and exploration drilling at the Greater Woodline area on multiple targets including Anomaly 38, Woodline, Fenceline and Solitaire.

“These first diamond holes into Myhree show the outstanding potential of this deposit,” Black Cat Syndicate managing director Gareth Solly said in the company’s announcement to the Australian Securities Exchange.

“We are also about to commence RC drilling to test the Myhree Southern Offset.

“Confirmation of the offset will have important implications for the current Feasibility Study.

“Later in October the drill rig will be moving to the highly prospective Greater Woodline area to test the priority targets identified in the recently completed Sub Audio Magnetic (SAM) survey.

“This promises to be an action-packed quarter for Black Cat.”

Black Cat claimed discovery of Myhree in June 2018 and since then, up to June 2019, has established a current JORC Resource of 1.4 million tonnes at 2.7g/t gold for 119,000 ounces.