Hartleys write up.BC8 (Black Cat Syndicate, -4.8% to 20.0cps,...

Hartleys write up.



BC8 (Black Cat Syndicate, -4.8% to 20.0cps, m.cap A$10m,Gold): John Macdonald

· Notesfrom Tuesday’s site visit to Black Cat’s Bulong Gold project.

· BlackCat has drilled and reported on 290 holes (25km) at Bulong since listingin early 2018.

· Goldmineralisation associated with altered porphyry intrusions occurs in severalprospect locations along a structural corridor about 6km long and 1km wide.

· Afurther 10km to the north remains relatively untouched and under shallow cover.

· BC8has estimated resources of 109kozs at Bulong, which it plans to build on.

· Thestyle of mineralisation echoes that of Kanowna Belle, although not yet in termsof gold endowment.

· Theproject sits 30km east of Kalgoorlie, in the neighbourhood of Saracen, SilverLake, McPhersons, Riversgold and Breaker. All are eyeing each other foropportunities.

· Worthwhilewatching for a breakthrough.

No formal coverage.