Morning Trading May 29, page-2

Morning all BC8 might make a move on this ann today


Black Cat Syndicate Limited (“Black Cat” or “the Company”) is pleased to provide an update on drilling activities at the
100% owned Paulsens Gold Operation (“Paulsens”).
HIGHLIGHTS
 Black Cat commenced underground drilling at Paulsens in February 2025, targeting Resource growth and mine
development optimisation1.
 Drilling to date has been successful in infilling the **bro Veins to optimise mine planning. Initial significant results
include:
 1.22m @ 11.96g/t Au from 14.92m; and
5.35m @ 4.03g/t Au from 100.25m (25PGOGC001);
 3.55m @ 13.21g/t Au from 181.45m (25PGOGC002);
 1.11m @ 12.02g/t Au from 85.82m (25PGOGC003);
 0.25m @ 96.50g/t Au from 67.64m; and
4.63m @ 4.67g/t Au from 188.37m (25PGOGC004);
 0.27m @ 58.10g/t Au from 67.73m (25PGOGC006);
 1.05m @ 36.04g/t Au from 114.95m (25PGOGC011);
 0.50m @ 122.00g/t Au from 113.28m (25PGGC021A).