Black Cat Syndicate Reports Almost 24,000 Ounces of Gold Production in March Quarter

MT Newswires Live

Apr 23

Black Cat Syndicate (ASX:BC8) reported March quarter gold production of 23,952 ounces, including third-party production of 11,553 ounces, according to a Thursday filing with the Australian bourse.

The company said production came in slightly below its outlook of 25,000 to 28,000 ounces.

Black Cat Syndicate expects June quarter production to be similar to the March quarter, but with "significantly higher" cash margins given a transition to gold ore extracted from mining projects wholly owned by the company.

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