Current Activities As a result of gold price fluctuations since the 2012 feasibility study, and subsequent post feasibility study analysis, the board of Kula has determined that: (a) additional gold reserves in the order of 300,000 – 500,000 ozs will increase the project’s financial robustness, potentially even in a lower gold price environment; and (b) there […]
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Company now debt free and funded to add value at the Woodlark Island Gold Project Debt facility closed with the conversion of debt into equity Second tranche of Placement shares issued, funds received Exploration activities continue on cost constrained basis targeting increasing higher grade Resources Project development funding plans commenced in readiness for faster project […]
Kula Gold Limited (ASX: KGD), provides the following information regarding the results of the General Meeting of the Company held on 26 November 2014 in accordance with Listing Rule 3.13.2 and Section 251AA of the Corporations Act 2001 (Cth). Resolution 1: Ratification of Issue of Shares This resolution was passed, as an ordinary resolution on […]
Kula Gold has recently completed a high quality helicopter magnetics survey and reviewed this along with the current geological knowledge gained from the discovery of the 2.1 million ounce Mineral Resource. The highlights of this work have been presented in a number announcements and investor presentations. A detail report of the work has now been […]
Kula Gold Limited (ASX: KGD) is pleased to advise that it has appointed Foster Stockbroking Pty Ltd and Cormark Securities Inc. as strategic advisors in Australia and North America respectively, to assist with negotiations around the future funding and development of Kula’s flagship Woodlark Island Gold Project in Papua New Guinea. This follows a number […]