Black Cat Syndicate Managing Director James Bruce told MarketOpen the company’s $11 million Coyote drilling program begins June 2026, targeting deeper high-grade gold extensions at its WA operation.
Black Cat Syndicate reported $61M operating cash flow and $53.9M capex as James Bruce highlighted Kal East ramp-up toward 100% BC8 ore and higher future margins.
Black Cat Syndicate is delivering high-grade results at Paulsens as it advances toward full production and unlocks new growth zones.
Black Cat’s rapid progress at the Myhree/Boundary pits has delivered 4,100 ounces of gold, driving early cash flow and setting a strong foundation for expanded production across its Western Australian operations.
Located in the Ashburton Basin, Western Australia, the Big Sarah prospect sits within Black Cat Syndicate’s expanded 3,190km² landholding surrounding the Paulsens Gold Operation, a region rich in gold and critical mineral potential.