What's happened?
Black Cat Syndicate (ASX: BC8, “Black Cat”) has entered into a binding acquisition terms sheet (“Acquisition”) to acquire two gold projects from Silver Lake Resources Limited (“Silver Lake” (ASX:SLR)), subject to the satisfaction of certain conditions.
What are the key highlights?
The two projects subject to Acquisition are:
- The Fingals Gold Project (“Fingals”) located ~30 kms south east of Black Cat’s Bulong Gold Project (“Bulong”); and
- the Rowe’s Find Gold Project (“Rowe’s Find”) located ~100km east of Bulong and surrounded by Black Cat’s EL28/2809 tenement.
Please refer to the announcement linked below for more information.
