Name of the Project
Kal East – Lakewood Mill expansion.

Location
Near Kalgoorlie, Western Australia.

Project Owner/s
Operator and 100% owner of the Lakewood gold-processing facility, Black Cat Syndicate.

Project Description
Black Cat reported first processing of a 10 000 t parcel of Fingals and Majestic ore through the Lakewood gold processing facility in February 2026. 

The company is expanding the processing facility from 1.2-million tonnes a year to 1.5-million tonnes a year, a 25% increase. This will support increased volumes of 100%-owned ore from the Fingals openpit and Majestic underground mines at Kal East. 

The expansion of the Lakewood processing facility is intended to leverage existing infrastructure, including commissioning the existing Dunford mill, while the plant continues operating at 1.2-million tonnes a year during upgrade works. 

Fingals and Majestic are expected to become the primary ore sources for Lakewood during 2026 and to remain so for about four years; run-of-mine stockpiles were reported at 114 000 t. 

The company expects unit processing costs to decline with higher throughput.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
The expansion budget is estimated at A$20-million, which will be funded from company operating cash flow.

Planned Start/End Date
Approved works are expected to be completed within about 12 months. First ore through the expanded 1.5-million-tonne-a-year mill is scheduled for the March 2027 quarter.

Latest Developments
Regulatory approvals to start works are in place, long-lead items have been ordered and licence amendments to operate at the higher throughput are to be sought ahead of completion.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Black Cat Syndicate, tel +61 458 007 713 or email admin@bc8.com.au.