Black Cat Syndicate's milestone achievement

Black Cat Syndicate (ASX: BC8) has reached a significant milestone by successfully pouring its first gold at the Paulsens Gold Operation. This achievement marks the restart of operations at the facility, with refurbishment completed safely, on time, and within budget. The first gold pour occurred on 22 December 2024, positioning the company strongly in its goal to become a multi-operation gold producer.

Outlook on Black Cat's future ambitions

Black Cat Syndicate's successful first gold pour at the Paulsens Gold Operation signifies a key advancement in their journey to becoming a leading multi-operation gold producer. The refurbishment and commissioning of the processing facility were completed efficiently, paving the way for operational ramp-up and optimization. Looking forward, Black Cat aims to produce approximately 100,000 ounces of gold by the end of 2025. The company is poised for further growth and exploration potential across its three projects: Paulsens, Coyote, and Kal East. With strategic plans for mechanized mining and a centralized processing facility, Black Cat Syndicate is set on maximizing resource potential and maintaining strong operational margins.

Executive insights on gold pour success

The first gold pour at Paulsens is a significant milestone for Black Cat. It demonstrates the capability of our team to deliver major projects on time and within budget. We are excited to continue ramp-up and optimization activities and look forward to commencing carbon stripping in January 2025.