Black Cat Syndicate Limited (ASX:BC8) has continued its drilling success with further drilling success at its Bulong Gold Project in Western Australia.
Recent diamond drilling at the Myhree Prospect at Bulong has intersected numerous zones of high-grade mineralisation. Holes were drilled into the lower parts of the Myhree system to infill mineralisation at depth for conversion of Inferred Resource to Indicated, while also providing additional core samples for geotechnical and metallurgical test work.
Results to date include:
- 6.45m @ 9.43 g/t Au from 228.51m*;*
- 1.97m @ 11.68 g/t Au from 155.06m*;*
- 2.47m @ 13.62 g/t Au from 84.38m; and
- 2.14m @ 21.03 g/t Au from 95.06m.
Managing Director, Gareth Solly, said Myhree continues to deliver strong results, with high-grade intersections consistent with previous drilling as per our expectations.
“The geotechnical results and positive gold assays will be fed into the Myhree mining study.
“The recent RC drilling at Bulong has also now been completed and assays are expected in mid-July 2020. Additional diamond holes are currently being drilled at Myhree with results due in late August 2020. RC drill planning on priority targets at Fingals is now underway and will be announced in July 2020.”
The latest diamond drilling consisted of six holes for 1,421m including 802m of RC pre-collars. These holes were designed to infill mineralisation at depth for conversion of Inferred Resource to Indicated, while also providing additional core samples for geotechnical and metallurgical test work.
High gold grades continue to show a correlation between quartz veining, sulphide content and increased deformation, particularly near the volcanic/sediment contacts
Mr Solly said results from these holes show that the high grades continue in predictable positions with all holes hitting multiple mineralised zones as anticipated. Additional diamond holes are underway to test deeper in the mineralised system.
