Figure 2. EL77/2621 Marvel Loch Auger Drilling Program at the Crayfish Prospect outlined in red with planned sampling in yellow.

Kula Gold excited about maiden drilling program at Southern Cross project

Kula Gold Airfield Gold Project drilling to commence at Marvel Loch in November.

Kula Gold Chairman Mark Stowell is excited by the potential of  the company’s latest project within the Southern Cross region of Western Australia.

“Kula Gold is excited to be drilling at its Airfield Gold project near Southern Cross WA, as it has the ingredients for a company changing gold discovery. These include a large 100% owned landholding incorporating unexplored structures over many kilometres in strike and 30-year-old shallow gold results never followed up,” Stowell said after the release of the company’s latest Quarterly Activity Report.

“Given it is around eight kilometres from the gold processing operation at Marvel Loch, this shows why Kula Gold and its investors should be eagerly anticipating results from drilling Airfield.”

Crayfish Prospect (red circle) magnetics and historical Sons of Gwalia geochemistry results.

Crayfish Prospect (red circle) magnetics and historical Sons of Gwalia geochemistry results.

Kula Gold has received the POW approval and subsequently completed track clearing work ahead of a proposed auger drilling program to commence in early November.

You can view the full Kula Gold Quarterly Activity Report for the period ending 30 September 2020 here.

Location of Kula’s Southern Cross Gold Projects.

Location of Kula’s Southern Cross Gold Projects as of October 2020.

– News Release –
Date: 26 October 2020 | ASX Code: KGD


About the Company
Kula Gold Ltd (ASX: KGD) is a Western Australia gold exploration company focussed on large land positions and structural geological settings capable of hosting ~1m oz deposits.
The company has projects within the Southern Cross WA region including Rankin Dome and Marvel Loch, as well as near Kurnalpi and Brunswick. The company has a history of large gold resource discoveries with its foundation Woodlark Island project in PNG.
Contact the Company Secretary on Tel: +61(08) 6144 0592 or via info@kulagold.com.au

 

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