Black Cat Uncovers New High-Grade Gold Zones at Fingals as Kal East Mining Ramps Up

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

Black Cat Syndicate has reported multiple new high‑grade gold zones identified within the Fingals open pit at its 100%-owned Kal East Gold Operation, following a 167‑hole grade control drilling program that intersected significant mineralisation outside the existing resource but still within the current pit design. These results reinforce Fingals as a long‑life ore source, support an already outlined underground operation once open pit mining is completed, and come as mining at both Fingals and the Majestic underground ramps up ahead of first ore deliveries to the Lakewood processing facility in March 2026. The company is also advancing a study to expand Lakewood’s capacity from 1.2mtpa to 1.5mtpa under its “more gold sooner” strategy, with management emphasising that current developments and planned expansions are being funded entirely from operating cash flow, underscoring the operational strength and balance sheet resilience for shareholders and other stakeholders.

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 Australian gold mining and exploration company focused on the Kal East Gold Operation near Kalgoorlie, where it is developing a series of open pit and underground deposits to supply ore to its Lakewood processing facility. The company’s strategy is to grow production and extend mine life through systematic drilling, resource expansion and incremental processing capacity increases funded from operating cash flow.

Average Trading Volume: 5,099,805

Technical Sentiment Signal: Buy

Current Market Cap: A$1.02B

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