Black Cat Syndicate Limited announced RC and diamond drilling results from Jones Find, part of the Majestic Mining Centre at the Kal East Gold Project ("Kal East"). Jones Find is located 1.5km east of the planned 800,000tpa Kal East processing facility. The area saw minor workings in the 1930's when gold nuggets were uncovered during installation of a sheep station fence.

Small shafts have been sunk on quartz reefs, which have also been exposed as a stockwork of quartz veins in a 300m costean. Black Cat acquired Jones Find in June 2020 with first drilling in October 2020. Several campaigns of drilling have been undertaken in the northern area of the deposit culminating in a maiden open pit Resource of 0.78Mt @ 1.3 g/t Au for 33,000oz in September 2021.

Subsequent drilling was undertaken between September and December 2021 testing the extension of structures to the south and to infill the current Resource. The first 49 extensional RC holes were announced in December 2021 with highlights including: 2m @ 7.55 g/t Au from 23m downhole (21JFRC008); 7m @ 11.65 g/t Au from 43m downhole (21JFRC015); 4m @ 2.37 g/t Au from 41m downhole (21JFRC048). The remaining 20 extensional holes have now been returned.

Results include: 2m @ 2.52 g/t Au from 41m (21JFRC057); 5m @ 1.20 g/t Au from 25m (21JFRC061); 5m @ 1.35 g/t Au from 53m (21JFRC062); 4m @ 14.08 g/t Au from 51m (21JFRC068). The infill program consisted of 97 RC holes and 1 diamond hole for 6,068m. This program was looking to upgrade the current Resource as well as to provide data for Ore Reserve estimates.

Highlights include: 16.75m @ 2.99 g/t Au from 32.1m (21JFDD001); 5m @ 2.57 g/t Au from 42m (21JFRC076); 18m @ 1.47 g/t Au from 42m (21JFRC086); 12m @ 1.91 g/t Au from 39m (21JFRC087); 22m @ 1.24 g/t Au from 65m (21JFRC088); 49m @ 0.82 g/t Au from 39m (21JFRC093); 4m @ 3.05 g/t Au from 22m and 9m @ 1.27 g/t Au from 56m (21JFRC095); 9m @ 1.58 g/t Au from 23m and 19m @ 0.72 g/t Au from 41m (21JFRC102); 11m @ 1.56 g/t Au from 24m (21JFRC103); 19m @ 1.90 g/t Au from 24m (21JFRC104); 2m @ 6.21 g/t Au from 29m (21JFRC106); 21m @ 0.64 g/t Au from 48m (21JFRC114); 2m @ 7.12 g/t Au from 37m (21JFRC123); 14m @ 1.02 g/t Au from 36m (21JFRC136); 5m @ 3.02 g/t Au from 18m (21JFRC139); 2m @ 7.03 g/t Au from 40m and 8m @ 2.51 g/t Au from 46m (21JFRC140). These results will be included in an updated Resource expected to be released in the March 2022 quarter. One RC rig is currently on site at Jones Find continuing to test for extensions of mineralisation to the South.