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Black Cat Syndicate Limited (ASX:BC8)

ALERT: Price-sensitive ASX Announcement for BC8
Current share price for BC8 : $0.905 -0.095 (-9.50%)+
Announcement
Release
2 Sep 2025 8:19AM
Price at Release
$1.000
Full Release
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Summary
Black Cat Syndicate Limited, an Australian gold producer, has announced developments at its Kal East operation, specifically the Majestic Underground Portal Blast. The Kal East operation, located east of Kalgoorlie, WA, covers approximately 650km² and includes resources of 18.8 million tonnes at 2.1 g/t gold, totaling 1,294,000 ounces. It includes a preliminary JORC 2012 Reserve of 3.7 million tonnes at 2.0 g/t gold for 243,000 ounces. Black Cat also owns and operates the Lakewood gold processing facility, which has a capacity of 1.2 million tonnes per annum, and is located about 6 km east of Kalgoorlie. The company continues to focus on mining and milling efforts at the Myhree and Boundary open pit deposits. These activities are aligned with Black Cat's broader strategy to enhance gold production through strategic operation and resource expansion across its holdings in Western Australia.
Key Points
  • Kal East operation covers approximately 650km² east of Kalgoorlie.
  • Resource includes 18.8 million tonnes at 2.1 g/t Au for 1,294,000 ounces.
  • Preliminary JORC 2012 Reserve is 3.7 million tonnes at 2.0 g/t Au for 243,000 ounces.
  • Black Cat owns a 1.2Mtpa Lakewood gold processing facility.
  • Operational focus on Myhree and Boundary open pit deposits.
  • Strategic focus on gold production and resource expansion.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.