Black Cat Syndicate Ltd (BC8) - ASX Release

Drilling confirms potential of Trump Corridor

Black Cat Syndicate Limited (“Black Cat”) is pleased to announce an update on activities at Bulong Gold Project (“Bulong”) including first results at Trump.
 

Highlight Results

  • The first holes drilled into Trump in over 20 years show potential to grow the Trump corridor.

  • Better results include:

    • 18TRRC003, 8m @ 4.13 g/t Au from 44m (Trump)

    • 18TRRC014, 3m @ 2.70 g/t Au from 68m (Trump)

  • New results extend the mineralisation to the north and mineralisation remains open at depth and along strike.

  • At Queen Margaret, results from the deepest drilling to date, include:

    • 18QMRC118, 7m @ 4.98 g/t Au from 87m (internal)

    • 18QMRC113, 1m @ 3.98 g/t Au from 182m (footwall)

  • EIS co-funded diamond drilling is due to commence in the December 2018 quarter.

Black Cat Managing Director, Gareth Solly said “These results are the widest, deepest and northern most intercepts in the Trump Corridor, showing the exciting potential of this under explored target.

Another positive for Bulong is the high grade results from internal veining at Queen Margaret. This further reinforces our geological model that the system continues at depth”.


The information contained has been prepared by third parties. No warranty of accuracy or reliability is given in relation to any advice or information contained in this document and no responsibility for any loss or damage whatsoever arising in any way for any representation, act or omission, whether express or implied (including responsibility to any persons by reason of negligence), is given by DJ Carmichael Pty Limited or any officer, agent or employee of DJ Carmichael Pty Limited.