Black Cat Syndicate Limited (ASX:BC8) has commenced diamond drilling at the Coyote Gold Operation in Western Australia.
Highlights
• Diamond drilling has commenced into the high-grade Kavanagh lode at Coyote.
• Drilling will aim to upgrade and extend Kavanagh which currently contains a Resource of 77,000oz @ 13.5g/t Au.
• Kavanagh contains numerous high-grade intercepts along strike of the Resource, as well as unclassified lodes within. High-grade intersections outside the Resource to be followed up include:
o 2.00m @ 81.66g/t Au from 517.0m (CYDD0208)
o 0.80m @ 154.89g/t Au from 277.5m (CYUG0359) o 0.55m @ 116.50g/t Au from 246.65m (CYUG0644) o 1.30m @ 53.59g/t Au from 541.4m (CYDD215)
o 2.00m @ 35.98g/t Au from 206.6m (CYUG1032)
• Other field activities have also commenced including stockpile sampling and sampling of unassayed historically drilled diamond core.
• RC drilling will continue at the Speedy open pit (54,000oz @ 7.4 g/t Au), Bald Hill (198,000oz @ 3.6 g/t Au) and then to regional exploration.
“Just one month after completion of the Coyote acquisition both RC and diamond drilling have commenced. Drilling will be ongoing during the 2022 dry season,” Black Cat Managing Director, Gareth Solly said.
“The high-grade Kavanagh lode has a Resource of 77,000oz at 13.5g/t Au which we expect to upgrade and grow. Kavanagh is a clear example of the value and upside we see at Coyote.”
Drilling will focus on extensional and infill drilling to simultaneously grow and upgrade the existing high-grade Coyote Resources.”
Kavanagh
Infill and extensional diamond drilling is planned around Kavanagh. Kavanagh contains numerous high-grade intercepts along strike of the Resource, along with unclassified lodes within the Resource. High-grade intersections outside the Resource to be followed up include1:
• 2.00m @ 81.66g/t Au from 517.0m (CYDD0208)
• 0.80m @ 154.89g/t Au from 277.5m (CYUG0359)
• 0.55m @ 116.50g/t Au from 246.65m (CYUG0644)
• 1.30m @ 53.59g/t Au from 541.4m (CYDD215)
• 2.00m @ 35.98g/t Au from 206.6m (CYUG1032)
• 0.50m @ 58.90g/t Au from 194.7m (CYUG0360)
• 1.30m @ 38.35g/t Au from 166.1m (CYUG0356)
• 0.99m @ 21.91g/t Au from 532.4m (CYDD0216)
• 0.70m @ 22.27g/t Au from 176.0m and 0.30m @ 34.54g/t Au from 219.7m (CYUG0624)
• 3.00m @ 8.89g/t Au from 434.0m (CYDD0047)
For further information please visit: https://www.blackcatsyndicate.com.au/
