Black Cat Syndicate Limited (ASX:BC8) has obtained strong final grade control drilling results from the Myhree open pit, part of the Kal East Gold Project in Western Australia.
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The final assay results from grade control at Myhree have returned more high grades and demonstrate the robust nature of this shallow open pit,β Managing Director, Gareth Solly, said.
βIn addition, we have two drills spinning at Coyote and preparations for our initial drilling at Paulsens are well underway. All of our gold projects are high-grade, have excellent exploration potential and provide options for low capital cashflow generation.β
The grade control programme not only focused on areas within the open pit Resource, but also tested single elevated assays outside of the main mineralisation zone.
This resulted in some barren holes being drilled to confirm that minable mineralisation was not missed in wider spaced drilling. Where grade control drilling intersected modelled mineralisation, results confirm that Myhree is a high-grade, near surface deposit.
Sterilisation drilling of the proposed waste dump for the Boundary Open Pit was also completed. Results confirmed the suitability of the area to be utilised for infrastructure to facilitate near term mining of the Myhree and Boundary open pits.