BLACK CAT UNVEILS NEW GEOLOGY MODEL AND TARGETS AT COYOTE

Comprehensive Geophysical Analysis Identifies Key Anomalies and Prospects

Black Cat Syndicate (ASX:BC8) has reported significant advancements in regional exploration at Coyote Gold Operation. A thorough re-evaluation of geophysical data has led to a refined understanding of the geological framework, revealing additional targets south of Coyote Central and potential magmatic Ni-PGE targets near Gremlin. Five targets underwent surface sampling, improving the regional geology model, identifying multiple potential Coyote-style Axial Core Zones, and confirming five magmatic Ni-PGE targets at Gremlin.

Surface sampling activities have validated new anomalies at various locations including Coyote Syncline, Lewis Granite, and Track Syncline, while expanding the Snork prospect and identifying near-surface anomalism at Pebbles East and along the Tanami Fault. The sampling strategy, utilizing termite mounds and spinifex needles, has proven effective in navigating through the region’s thin post-mineralisation cover, traditionally a barrier for exploration.

Gareth Solly, Black Cat’s Managing Director, stated: “Our new geology model combined with applying low-cost, sampling techniques has identified multiple exciting anomalies. The thin post-mineralisation cover around Coyote has historically been challenging for exploration, relying on RAB or aircore drilling to sample below cover. These new sampling techniques enable us to rapidly test our new geology model in the field. We have let the termites and spinifex bushes do the hard work over large areas and now plan to capitalise on the results of that work.”

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