Announcement Date: 2022-04-26
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Black Cat Syndicate Ltd.
Project name: Kal East
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 7m @ 9.5g/t Au from 9m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pleased to announce the results of four successful drilling programs at the Kal East Gold Project (“Kal East”). HIGHLIGHTS Fingals Mining Centre: Drilling focused on high priority targets at Fingals and resulted in multiple important advancements including: Identification and extension of the Western Lodes structure down dip and to the south of current drilling, potentially identifying a repeat of the high-grade Fingals style mineralisation. Results include The Fingals Mining Centre is located around the historical open pit of Fingals Fortune on granted mining leases 8kms south of the planned processing facility at the Majestic Mining Centre. The area was mined in the early 1990’s when ~420,000t @ 2.7 g/t Au for 36,500 oz was extracted from the Fingals Fortune open pit and another 20,200 oz from three nearby satellite pits. The current Resource (4.0Mt @ 2.2 g/t Au for 275,000 oz) is open in all directions and at depth.
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