Black Cat Syndicate has updated its discovery and growth strategy, outlining a renewed focus on resource growth, conversion drilling and portfolio development across its Paulsens, Kal East and Coyote assets.
At Kal East, the company plans to allocate $13 million to $15 million to resource development, near-mine and regional exploration, focused on resource extension and conversion around the Fingals and Majestic operations. Black Cat also said regulatory approval has been secured to lift Lakewood processing capacity to 1.5Mtpa from 1.2Mtpa.
At Coyote, Black Cat plans $4 million to $5 million for near-mine drilling at Coyote Central, including infill drilling at Kavanaugh and extensions to the Axial Core Zone. The company said the bulk of its previously announced Coyote drilling program has been deferred to prioritise near-term opportunities supporting current operations.
The company said drilling results remain pending from Phase 1 at Trojan, a seven-hole Coyote program, and a 10-hole program at Paulsens Lynx and Raisebore Vein. Drilling is under way at Belvedere, with assays to be released once received and interpreted.
Source: Download BC8 official ASX announcement, 2026-09-30.
Figure from Black Cat Syndicate's Discovery & Growth Strategy announcement dated 30 September 2026.