BC8.ASX: 95% Antimony Resource Expansion at Mt Clement

95% Antimony Resource Expansion at Mt Clement

Stock	Black Cat Syndicate Ltd (BC8.ASX)
Release Time	2 Mar 2026, 8:32 a.m.
Price Sensitive	Yes

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95% Antimony Resource Expansion at Mt Clement

Key Points

95% increase in contained antimony to 25.8kt
191% increase in contained silver to 1.2Moz
108% increase in contained lead to 39.0kt

Full Summary

Black Cat Syndicate Limited ('Black Cat' or 'the Company') has announced an update on Resources at the 100% owned Mt Clement Antimony Project ('Mt Clement'). Diamond drilling by Black Cat in late 2025 returned positive results both within and outside of the current Resource. An independent Resource estimate of the Eastern zone, undertaken by SRK Consulting, has been completed with highlights including a 95% increase in contained antimony ('Sb') to 25.8kt, a 191% increase in contained silver ('Ag') to 1.2Moz, and a 108% increase in contained lead ('Pb') to 39.0kt. The upcoming drilling campaign, commencing in March, will target further growth in the quantity and confidence of the Resource in preparation for an economic study to be completed by September 2026. Mt Clement hosts one of Australia's largest and highest-grade undeveloped antimony deposits with a current Resource of 2.2Mt @ 1.2% Sb, for 25.8kt contained Sb (with Ag-Pb credits) and an Exploration Target of 3.9-5.4Mt @ 1.2-1.9% Sb, for 47-103kt contained Sb.

Guidance

The upcoming drilling campaign, commencing in March, will target further growth in the quantity and confidence of the Resource in preparation for an economic study to be completed by September 2026.