Key points
- 56-hole infill and growth drill program completed at Trojan
- Mineralisation intersected outside current Resource
- High-grade intersections including 13m @ 1.79g/t Au
- Plans for further extensional and infill drilling
- Positive outlook for growth potential at Trojan
Full summary
Black Cat Syndicate Ltd (BC8.ASX) has announced positive results from a 56-hole infill and growth drill program at its 100% owned Trojan Deposit, part of the Kal East Gold Operation. The program aimed to test for down-dip extensions in the northern part and infill and extend the flat-lying oxide mineralisation in the southeastern part of the deposit. Assay results were promising, with significant intersections including 13m @ 1.79g/t Au from 237m and 3m @ 6.88g/t Au from 142m. Both objectives were successfully met, with mineralisation extending outside the current Resource. Further drilling is planned to further grow the mineralised footprint and upgrade the Inferred Resource to Indicated. Managing Director Chris Stone expressed excitement about the growth potential for Trojan and the next phase of drilling.
Outlook
The company plans to continue extensional and infill drilling to further grow the mineralised footprint and upgrade the Inferred Resource to Indicated.