Post by Black Cat Syndicate Limited
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Black Cat Syndicate Limited (ASX:BC8) is advancing its Coyote Discovery and Growth Plan 2026, investing $11M to deliver 35,000m of drilling across the 100% owned Coyote Gold Operation in the Tanami region of Western Australia. Highlights: 📍 $11M investment for 35,000m of drilling, more than tripling our prior programs since acquisition 📍 Coyote Central Extensional Drilling down to 850m, doubling the existing Resource depth 📍 Infill drilling targeting the high grade underground Resource to support an increase in confidence and classification. 📍 Metallurgical drilling at Sandpiper to investigate processing synergies with Coyote Central 📍 Regional discovery drilling within 30km of the processing facility Managing Director James Bruce said: “This discovery program is one of the largest drilling investments in Coyote’s history and will build on the successful high-grade discoveries at Coyote over twenty-five years ago. The aim is to extend mineralisation to 850m depth to materially strengthen the underground Resource and unlock additional high grade gold potential. Coupled with existing surface infrastructure and the extremely high-grade nature of the orebody, this discovery program will better define the opportunity to develop a modern efficient underground operation at a scale that creates value for BlackCat.” Next Steps: ➡ June–Aug 2026: Coyote Central Infill Drilling ➡ July–Aug 2026: Sandpiper Metallurgical Drilling ➡ Aug–Sep 2026: Coyote Central Extensional Drilling ➡ Jul–Sep 2026: Regional Exploration Drilling Richard Laufmann | Davide Bosio | Stewart Walters | Nick Dwyer | Andrew Lai | Paul Chapman #ASX #BC8 #BlackCatSyndicate #Gold #GoldExploration #Mining #WesternAustralia