Black Cat Syndicate (ASX: BC8) has announced its 2025 growth targets for the Mt Clement Antimony and Gold Project in Western Australia. The project is part of a Tier 1 jurisdiction, benefiting from the Northern Australia Infrastructure Facility (NAIF) zone. The Mt Clement project is recognized for its significant antimony deposit, and Black Cat aims to expand resources and leverage existing infrastructure to enhance operations.
Black Cat Syndicate (ASX: BC8) is set to advance its Mt Clement Antimony and Gold Project in the Pilbara region by 2025. With a JORC 2012 Mineral Resource of 13.2kt at 1.7% antimony, the project aims to expand its resources through extensive drilling and assessments. The company plans to utilize existing infrastructure at the Paulsens Gold Operation to process resources and is exploring funding options, including government grants. The strategic significance of antimony, due to rising prices and geopolitical tensions, underscores the project's importance. Black Cat is committed to becoming a multi-operation gold producer, integrating antimony production into its broader goals.
Black Cat's activities will focus on extensional and infill drilling to expand and upgrade the current Resource. Further metallurgical testing and processing assessments will be conducted. The company aims to obtain necessary approvals, conduct studies, and explore funding arrangements, including government grants and strategic partnerships.