Woodlark Island Gold Project – A Clear Path to Gold Production Kula Gold’s JV partner Geopacific (ASX:GPR) aims to: develop the Project as a >150,000oz gold per annum producer; increase the mine life to > 10 years; have a short development time. Geopacific plans to achieve this by: increasing reserves from 766,000oz gold to >1.2Moz […]
Author Archive for: GPerotti@kulagold.com.au
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Entries by Kula Gold
The Sophisticated Investor Reports on an overview of the Woodlark Island Gold Project (WIGP) in Papua New Guinea. The review includes: The history of the project and its location; A review of the DFS and the licences in place; How the opportunity arose for Geopacific to earn into the project; and The key targets for Geopacific […]
Woodlark Island Gold Project Earn-in and Joint Venture with Geopacific Resources Limited (ASX:GPR) • Geopacific option to fund $18.65 million over 3.5 years to earn up to a 75% corporate interest in the Woodlark Island Gold Project; • Geopacific targeting increasing Woodlark Island Gold Project Ore Reserves to >1.2 million ounces of gold; • The fully-permitted Woodlark Island […]
Trading Halt issued by ASX
Results of Annual General Meeting The AGM was held at 11:00am (EST) on 31 May 2016 at Ashurst Lawyers offices, Level 11, 5 Martin Place, Sydney NSW 2000.
KULA GOLD 2016 ANNUAL GENERAL MEETING CHAIRMAN’S ADDRESS My fellow shareholders, During 2015, the gold price fell from a high of US$1,300 to a low of US$1,050. This has made it very difficult for your Company to initiate the development of its Woodlark Island Gold Project. The Company’s efforts during 2015 were directed at […]
Notice of Annual General Meeting and Draft Proxy Form
• Successful Share Purchase Plan raises approximately $300,000 • Placement with major shareholders expected to raise approximately $200,000 • MOU with Misima Gold Project – 1.7moz Gold Resource • Six new gold targets identified on Woodlark • Kulumadau Gold Deposit part of Larger System • March 31 cash position A$0.47 Million, excluding SPP and placement raisings
The company reports the success of the SPP in raising $298,000, for the allotment of 9,612,896 shares, which will fund further detailed analysis of the significant database accumulated over 10 years of exploration and feasibility study work. The focus will continue to be on significant gold resource expansion opportunities within and proximal to the existing […]
Geological review confirms the Kulumadau mineralising system is much larger and only partially drilled Several new targets generated for drilling Significant potential for Kulumadau to deliver additional Resources for Woodlark Island Gold Project