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The latest announcement is out from Black Cat Syndicate Ltd. ( (AU:BC8) ).
Black Cat Syndicate Limited has commenced diamond drilling at the Paulsens West seismic target, located 600 meters west of the Paulsens mine. This initiative, co-funded by competitive grants from the Department of Mines, Petroleum and Exploration’s Exploration Incentive Scheme, aims to explore a promising target identified through reprocessed 3D seismic data. The drilling is expected to take six weeks and could potentially enhance the company’s gold production capabilities, given the underexplored nature of the area and the proximity to their processing facility.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 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 operates in the mining industry, focusing on gold exploration and production. The company owns and operates the Paulsens Gold Operation, which includes a gold processing facility within a 400km radius, and is committed to its ‘More Gold, Sooner’ strategy.
Average Trading Volume: 3,259,305
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$651M
See more data about BC8 stock on TipRanks’ Stock Analysis page.