Black Cat Stalks Thick Shallow Gold At Jones Find
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Black Cat Stalks Thick Shallow Gold At Jones Find

byColin Sandell-Hay, Contributor - The Assay
5 months ago
Reading Time: 2 mins read
Black Cat Stalks Thick Shallow Gold At Jones Find

Black Cat Syndicate Limited (ASX:BC8) has obtained further positive RC and diamond drilling results from Jones Find, part of the Majestic Mining Centre at the Kal East Gold Project in Western Australia.

Jones Find is located ~1.5km east of the planned Majestic processing facility.

Results from RC drilling during December 2021 have now been returned and in line with earlier assays, the new results show that the system remains open in all directions.

Extensional intersections include:

o 2m @ 2.52 g/t Au from 41m (21JFRC057);

o 5m @ 1.35 g/t Au from 53m (21JFRC062); and

o 4m @ 14.08 g/t Au from 51m (21JFRC068)

 Infill RC and diamond drilling results on the growing northern end of Jones Find have also been returned. Results show strong continuity of thick mineralised zones and include:

o 16.75m @ 2.99 g/t Au from 32.1m (21JFDD001);

o 18m @ 1.47 g/t Au from 42m (21JFRC086);

o 12m @ 1.91 g/t Au from 39m (21JFRC087);

o 22m @ 1.24 g/t Au from 65m (21JFRC088);

o 49m @ 0.82 g/t Au from 39m (21JFRC093);

o 9m @ 1.58 g/t Au from 23m and 19m @ 0.72 g/t Au from 41m (21JFRC102);

o 11m @ 1.56 g/t Au from 24m (21JFRC103);

o 19m @ 1.90 g/t Au from 24m (21JFRC104); and

o 5m @ 3.02 g/t Au from 18m (21JFRC139)

Managing Director, Gareth Solly, said Jones Find is a real success story for the company, going from concept to discovery and Resource.

“The infill and extensional results from Jones Find further confirm the potential for an additional open pit mine adjacent to our planned processing facility.

“The mineralisation is shallow, thick and remains open in all directions. Drilling is ongoing and an updated Resource is expected in the March 2022 quarter.

“Importantly, there is strong potential for Jones Find to be included as a near term production source due to the thick, shallow nature of the mineralisation only 1.5km from our planned mill.”

For further information please visit: https://www.blackcatsyndicate.com.au/

Tags: ASX:BC8ExplorationGoldPrecious MetalsWestern Australia
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