BC8 3.28% 63.0¢ black cat syndicate limited

Ann: High Grade Gold ([email protected]/t) in Myhree-Boundary Drilling, page-11

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  1. 6,851 Posts.
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    If you look at the diagram on page 3, you guys would notice a couple of interesting things. Both ends of the 1.4km strike have known high grade near surface. Both of those deposits remain open at depth and the grade is increasing. As they step out from each deposit, you can see gold is still present. There was an old RAB hole drilled out about 300-400m from Boundary and it was mineralized as well. 

    The company will need to do more step outs along strike to see if this corridor joins up. If that is the case, enjoy the ride.

    The deep holes might wake the punters up or as this develops, someone in the business will wake up. I would imagine that surrounding miners will be watching. This might end up being great feed stock or a take out for them. There remains work to be done, but this model is working. The company is proving what it thought was there.

 
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Last
63.0¢
Change
0.020(3.28%)
Mkt cap ! $161.9M
Open High Low Value Volume
61.5¢ 63.5¢ 60.5¢ $3.093M 4.980M

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