Australia's Black Cat Syndicate gains on gold find at WA project

Black Cat Syndicate

23/03/2023 24:54

** Shares of Black Cat Syndicate  BC8.AX  rise as much as
7.4% to A$0.365 - set for best day since Feb 1, if gains hold
    ** The gold miner says extensional drilling from the
footwall Gabbro veins highlights "extensive and high-grade" gold
mineralisation at its Paulsens Gold Operation in Western
Australia
    ** Co says Gabbro veins represent an untested opportunity at
Paulsens with strong near-term mining potential
    ** Stock down ~4% this year, as of last close


 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))