Black Cat Syndicate Reports Encouraging First Drill Results at Western Australia Project

MT Newswires Live

Oct 24

Black Cat Syndicate (ASX:BC8) reports highly encouraging results from its first-ever reverse circulation drilling program at Big Sarah, part of Paulsens gold project in Western Australia, with gold intersected in 10 of 14 holes, according to a Friday filing with the Australian bourse.

The program covered around 350 meters of strike within the 7-kilometer-long central vein corridor, which is one of three identified corridors spanning a total of 15 kilometers, the filing said.

The assay results include intersections of up to 3 meters at 2.62 grams per tonne gold from 86 meters, including 1 meter at 5.58 grams per tonne gold from the same depth, per the filing.

The company is prioritizing follow-up drilling and surface exploration to build on these initial results, the filing added.

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