Black Cat Syndicate (ASX:BC8) said it is targeting gold production of around 200,000 gold ounces per annum by fiscal 2029, with its Coyote project in Western Australia expected to come online in fiscal 2028, according to a Thursday Australian bourse filing.
Its gold production target rate for the end of fiscal year 2026 is 100,000 ounces per annum, which it expects to boost to 130,000 ounces per annum in fiscal year 2027, via a throughput upgrade at the Lakewood processing plant to 1.5 million tonnes per annum.
Its shares fell 1% in recent trading on Thursday.