Marvel Loch

Kula Gold Ltd (“Kula” or the “Company”) applied for ELA77/2621 over the south-central part of the Ghooli Dome near Marvel Loch in Western Australia, which is known as the Airfield Gold Project. Prior exploration at the Airfield Project was completed by Sons of Gwalia Ltd (“SOG”) in the late 1980’s. The exploration reports at the time showed auger gold in soil anomalies in the Ghooli Dome which had not been followed up.

The Airfield Gold Project in Marvel Loch (under application) covers an area of 120km2 and is located 5km east of the town of Marvel Loch, a major gold mining centre in Western Australia. This locality has a number of current and historical mining operations nearby which provides valuable infrastructure and services for potential future development including the Marvel Loch mine and mill which are in production under the ownership of Minjar Gold.

The Southern Cross Greenstone Belt is a strongly deformed, metamorphosed synformal remnant of a once larger greenstone assemblage. It has been shaped and attenuated by the emplacement of syn-tectonic granitoids (Gee, 1995). These granitoid domes include the Ghooli, Parker and Rankin Domes (Gee, 1982; Keats, 1991). On a regional scale, sheared lithological contacts are the primary control on the distribution of gold mineralisation. Most of the belt’s production has been derived from shear-hosted deposits (Marvel Loch, Yilgarn Star and Frasers) and to a lesser extent fold hinge deposits, usually in Banded Iron Formation (Copperhead, Golden Pig and Bounty).

In November 2019, a reconnaissance site visit was undertaken to verify the locations of the SOG geochemistry work in the field and to check the access to and within the licence area. Existing tracks provide access within the license area and road infrastructure around the Marvel Loch area is good due to the existence of current mining operations adjacent to the lease.

Detailed analysis of the historic open file exploration data and acquisition of more recent open file aero-magnetics has added to the knowledge base and understanding of the potential for this location. The data has been re-processed by the company’s consulting geophysicist who has identified a number of structures with a series of extensional jogs which are co-incident with the historical auger gold in soil anomalies. The targets have strike lengths of over 2km, and some are open to the north and south.
One of the SOG geochemistry samples returned a value of 311ppb and the location of this sample was physically located in the field (see photo below) during the visit. The regolith in the vicinity of the sample contains a mixture of yellow sand and Tertiary in situ laterite.