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Black Cat Syndicate Ltd. ( (AU:BC8) ) has shared an update.
Black Cat Syndicate Limited has announced visible antimony mineralization in its initial drilling at the Mt Clement Antimony Project, with all four completed diamond holes intersecting antimony. The company is accelerating its drilling program by mobilizing additional rigs and prioritizing two co-funded exploration holes to expand the resource. The appointment of John Burgess as Project Manager, with his extensive experience, is expected to expedite the project’s progress, aligning with the company’s strategy to capitalize on the strong demand and pricing for antimony.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
More about Black Cat Syndicate Ltd.
Black Cat Syndicate Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction of antimony, a critical mineral, and has a significant project at Mt Clement, one of Australia’s largest and highest-grade antimony deposits.
Average Trading Volume: 5,453,499
Technical Sentiment Signal: Buy
Current Market Cap: A$950.5M
For a thorough assessment of BC8 stock, go to TipRanks’ Stock Analysis page.