⛏️ Kula Gold Limited reports a recent site visit by the company’s geologists to its expanded Brunswick Project allowed 8 grab/rockchip samples to be collected from its licence E70/5660 which hosts the Donnybrook Gold Mine (historic) and results from samples found up to 7g/t gold.
- A total of 8 rockchips were collected from spoil around the Hunters JV headframe and at nearby Mt Cara to the north-west.
- E70/5513 was acquired, which is a granted EL contiguous with the central part of the Brunswick Project licence E70/5599.
- Results from Company samples up to 7g/t (Table 1) and historic BP Minerals/West Coast Holdings Ltd percussion drilling of up to 15m@ 9.92g/t gold from 61m (Table 2), confirm the gold potential of the wider Brunswick Cu–Ni–PGE, Au Li Project (KGD 100% owned).
Some samples were not in-situ as they were collected from the spoil at the Hunters Venture shaft, whilst the Mt Cara samples were collected from outcrop.
Kula recently purchased 100% of both granted EL’s E70/5660 and E70/5513, which has expanded the Brunswick Project area, after it reached agreement to acquire E70/5560 of 2.9km² from a private prospecting group for $15,000 and E70/5513 of 45km² for $20,000.
E70/5660 hosts the Donnybrook Gold Mine (historic) and includes some of the historical shafts and drives still in existence from the mine which operated in 1897-1903, then 1930’s to 40’s as the Hunter Venture mine.
In 1983 and 1984 West Coast Holdings (“WCH”) and BP Minerals carried out percussion, reverse circulation, and diamond drilling on the old Donnybrook Goldfield completing a total of 20 drill holes. Significant Intercepts from this program are presented in Table 2 below.
The most significant results derived from the 1983 and 1984 drilling programs.
Source: WAMEX report No. A73279 for all significant results reported below.
Between 1984 and 1985 a joint venture between WCH and BP Minerals followed up epithermal mineralization, delineated by the previous program.
BHP tested some of the epithermal systems it had identified with percussion and diamond drilling in 1987 and 1988. The drilling confirmed that epithermal systems existed at depth and the results showed the presence of gold at several intercepts. It is probable that high level Au mineralisation is localised and pod-like within broad envelopes of epithermal alteration zones which generally have a low-grade Au background.
Kula Gold plans to complete further historical data collation and collect new surface channel samples at Mt Cara and to the north along strike of the interpreted vein system. This work will focus a carefully targeted RC program to be performed testing the near surface, higher gold grades outlined in the historical drilling.
Results will be reported as work progresses, and assays are received and interpreted.
The historical production, drill results and recent geological interpretations by Kula have identified a gold camp opportunity at Donnybrook and the wider Brunswick Project (40km+ north/south length) noting the numerous historic gold occurrences as noted on WAMEX (figure 1) this is in addition to the Julimar and Boddington styles already identified and being explored for.
For more table results download the PDF here.
– News Release –
Date: 30 September 2021 | 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 Marvel Loch, Rankin Dome and Westonia, 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 firstname.lastname@example.org