Black Cat’s Paulsens Drilling Uncovers High-Grade Gold Extensions
Black Cat Syndicate’s ongoing underground drilling at Paulsens continues to reveal high-grade gold zones beyond current resources, supporting their More Gold, Sooner strategy. With 36 assay results pending and development advancing, the mine’s growth potential is increasingly evident.
- Significant high-grade gold intercepts in upper Main Zone
- Over 28,000 metres drilled since program restart
- 36 drill holes pending assay results this quarter
- Jumbo development underway to access new production areas
- Exploration and metallurgical work progressing at Mt Clement Antimony Project
Ongoing Exploration Success at Paulsens
Black Cat Syndicate Limited (ASX – BC8) has reported encouraging results from its underground diamond drilling program at the Paulsens Gold Operation in Western Australia. Since restarting drilling in early 2025, the company has completed over 28,000 metres targeting resource growth and production optimisation. Recent assays from the upper Main Zone have returned impressive high-grade gold intercepts, including 2.90 metres at 22.83 grams per tonne and 1.00 metre at 34.42 grams per tonne, extending mineralisation beyond the current resource boundaries.
These results reinforce the potential for resource expansion and underpin Black Cat’s More Gold, Sooner strategy, aimed at accelerating production growth at Paulsens. The company is actively developing underground infrastructure, with jumbo development drives progressing on multiple levels to facilitate future mining from these newly identified zones.
Pending Assays and Continued Drilling
Black Cat has 36 drill holes awaiting assay results expected within the current quarter, which could further define the extent and grade continuity of the mineralisation. The ongoing drilling program also includes infill and extensional drilling in the Main Hangingwall Zones, complementing previous successful campaigns targeting the Gabbro Veins and Hangingwall Zone in the lower mine.
The company’s Managing Director, Gareth Solly, highlighted the consistent nature of the recent results and the clear indication of mine life growth potential. This steady stream of high-grade intercepts is critical for maintaining production momentum and extending the mine’s operational horizon.
Broader Exploration and Metallurgical Initiatives
Beyond Paulsens, Black Cat is advancing exploration and metallurgical testwork at the nearby Mt Clement Antimony Project, one of Australia’s largest and highest-grade antimony deposits. Drilling at Mt Clement is ongoing, with metallurgical testwork scheduled through early 2026, reflecting the company’s commitment to diversifying its resource base and unlocking additional value from its portfolio.
Paulsens itself remains a cornerstone asset, with a regional resource of 4.3 million tonnes at 4.0 grams per tonne gold for 548,000 ounces, supported by a 450,000 tonnes per annum processing facility and robust infrastructure. The company’s integrated approach combining exploration, development, and production optimisation positions it well to capitalise on the resource upside.
Looking Ahead
As assay results from the pending drill holes are released and resource modelling updates are completed, market participants will be watching closely for indications of further resource upgrades. The ongoing development work and exploration success at Paulsens underscore Black Cat’s ability to sustain and potentially grow production, while the Mt Clement project offers a complementary growth avenue.
Bottom Line?
Black Cat’s drilling momentum at Paulsens signals a promising path to extend mine life and production, with key assay results imminent.
Questions in the middle?
- Will the pending assay results confirm further resource expansion in the upper Main Zone?
- How will ongoing development impact production ramp-up timelines at Paulsens?
- What potential does the Mt Clement Antimony Project hold for diversifying Black Cat’s revenue streams?
