THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) is currently carrying out a program of underground diamond drilling at the company’s Paulsens gold operation in the north of Western Australia.
Black Cat Syndicate has completed the first six holes of the program into the **bro Veins that are in the footwall of the Paulsens decline and considered by the company as readily accessible for potential mining restart.
All six holes infilled historic high-grade intercepts for Resource upgrades as well as intersecting wide quartz veins (up to 2m wide) in the interpreted positions with assays for all holes expected in December 2022.
A bonus was visible gold intersected in three drillholes hosted in both thick quartz veins and narrow shears within the **bro.
“Our first holes at Paulsens are targeting potential production areas adjacent to existing workings,” Black Cat Syndicate managing director Gareth Solly said in the company’s ASX announcement.
“The **bro Veins are an overlooked opportunity that we believe have the potential to lead a restart scenario while we undertake the hunt for another Paulsens in both offset and repeat target positions.
“We are excited by what we see in these first holes given they intersect our interpreted structures and contain visible gold.
“Drilling will be ongoing at Paulsens to delineate near-term mining opportunities throughout the December 2022 quarter.”
