Black Cat advances Mt Clement antimony project with strong drill results and economic study plans

Black Cat Syndicate Ltd. ( (AU:BC8) ) has provided an update.

Black Cat Syndicate has reported further high-grade antimony, lead and silver intersections from its recently completed 24-hole diamond drilling program at the Mt Clement project, reinforcing the continuity of mineralisation within the Taipan Lode and confirming mineralisation in the Dugite and Gwardar lodes. These results, together with pending assays from 15 holes and updated metallurgical test work that is now specifically targeting antimony recovery, will underpin an updated resource estimate and an economic study scheduled for the September 2026 quarter, which contemplates a sulphide flotation circuit near the Paulsens processing facility to leverage existing infrastructure, lower capital costs and potentially unlock additional sulphide base metal and gold opportunities in the region; the company’s invitation to join a Western Australian government critical minerals delegation to North America further underscores Mt Clement’s strategic significance in the critical minerals space.

The most recent analyst rating on (AU:BC8) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.

More about Black Cat Syndicate Ltd.

Black Cat Syndicate Limited is an ASX-listed exploration and development company focused on critical minerals, notably antimony, along with lead and silver, at its 100%-owned Mt Clement project in Western Australia. The Mt Clement deposit, considered one of Australia’s larger undeveloped antimony resources, lies on a granted mining lease near existing infrastructure at the Paulsens Gold Operation and within the Northern Australia Infrastructure Facility zone, positioning the company to potentially benefit from government-backed critical minerals initiatives and reduced development timelines and capital costs.

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