BC8 6.57% 73.0¢ black cat syndicate limited

Ann: EIS Drilling Grant for the Queen Margaret Corridor, page-4

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  1. 6,851 Posts.
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    Yes. The gold was still being mined at the 1 oz mark before the water issue arrived. That is not even close to a problem these days. These sorts of deposits can run extremely deep - like km's deep with very high grade. This area has only had the obvious surface and some underground done. They have only scratched the surface imo.
    QMarg is basically under explored at depth and it remains open. The old miners left behind 10g/t because of economics back in the early 1900's. We can take that grade all day long. I think BC8 is really only a matter of when, not if it finds grade at depth. 29km of drilling will be completed this year and we will see a decent resource and grade. Keep our eyes out for some interesting drill results moving forward into this new program. dyor
 
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