- Black Cat Syndicate (BC8) has received results from the Trump and Fingals East deposits within the Kal East Gold Project in WA
- At Trump, 28 reverse circulation (RC) holes were drilled to upgrade the resource
- Up to 13.14g/t gold was intersected and the results show the continuation of previously identified high-grade gold mineralisation
- In February, 63 RC holes were drilled at Fingals East to test the mineralisation in the surrounding area of the two main historical pits
- Up to 14.2g/t gold was intersected and work indicates that mineralisation continues over at least 1300 metres
- RC drilling is continuing, and Black Cat will report on results as work progresses
- Black Cat is down 1.46 per cent on the market and shares are trading at 67.5 cents
Black Cat Syndicate (BC8) has received results from the Trump and Fingals East deposits within the Kal East Gold Project in WA.
The Kal East Gold Project comprises of 756 square kilometres of highly prospective tenements and has a combined mineral resource of 11.8 million tonnes at 2.3g/t gold for 884,000 ounces of gold.
Trump
At Trump, 28 reverse circulation (RC) holes, for 2022 metres, were drilled to upgrade the resource.
Best results include three metres at 13.14g/t gold from 49 metres, six metres at 11.93g/t gold from 25 metres and three metres at 8.66g/t gold from 57 metres.
These results show the continuation of previously identified high-grade gold mineralsiation.
Trump remains open to the north where no previous RC drilling has been undertaken along the 600 metre strike.
“Drilling at Trump was designed to confirm high-grade mineralisation identified in previous drilling and upgrade the resource category around the proposed open pit,” Managing Director Gareth Solly commented.
“The results are encouraging and Trump remains open to the north. Importantly, the high grades continue at depth where a lack of drilling constrains the resource,” he added.
Fingals East
In February, Black Cat undertook its maiden drilling program at Fingals East, drilling 63 holes for 6096 metres.
The aim of this drilling was to test the mineralisation in the surrounding area of the two main historical pits in order to establish a maiden resource.
Results include one metre at 14.2g/t gold from 65 metres, three metres at 14g/t gold from 78 metres and and two metres at 9.59g/t gold from 72 metres.
Drilling indicates that mineralisation continues over at least 1300 metres.
Resource estimation is now underway and is expected to be released in April.
“Our first program at FIngals East was focused around several historical oxide pits mined in the 1990s. The encouraging results support a maiden resource which is expected in April 2021,” Gareth said.
“Drilling is ongoing and will continue to focus on resource growth,” he concluded.
RC drilling is continuing and Black Cat will report on results as work progresses.
Black Cat is down 1.46 per cent on the market and shares are trading at 67.5 cents at 12:23 pm AEDT.