Black Cat Syndicate Ltd (BC8) - ASX Release

Update on Recent and Planned Activities

The Directors of Black Cat Syndicate Limited (“Black Cat” or “the Company”) are pleased to provide investors with an update on recent and planned activities of the Company.

Black Cat Managing Director, Gareth Solly said “Black Cat intends to be a future producer; with that in mind we are rapidly drilling at Bulong to define and grow a JORC Resource base from multiple deposits for future development. Excellent progress has been made in 2018 towards achieving this vision. Initial JORC Resources along the Myhree-Boundary Corridor and the Queen Margaret Corridor are planned for the March 2019 quarter. These corridors, together with a number of other high priority targets, will continue to be systematically advanced in 2019”.

Figure 1: Diamond rig drilling at the Queen Margaret Mine, Bulong.

Figure 1: Diamond rig drilling at the Queen Margaret Mine, Bulong.

 

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