BC8 3.28% 63.0¢ black cat syndicate limited

Ann: Resumption of RC Drilling at the Bulong Gold Project, page-17

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  1. 10,813 Posts.
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    Toll treatment would certainly be an option and one I suspect the company will go for in the short term. Looking at their plans it seems like they are using the shallow surface ground as kind of an insurance/cash positive development while they go for the potential big payoff under Queen Margaret. The old timers didn't waste their time on marginal resources and for them to only abandon Queen Margaret because of flooding is very exciting. I am betting there is something very significant down there.

    Gareth Solly is a geo, but at this stage this is what we need given the amount of ground to be drilled. I recommend have a read of the prospectus as it will answer all your questions.
 
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