⛏️ Kula Gold Limited reports diamond drilling of the Boomerang Prospect at their 100% owned Marvel Loch – Airfield Project near Southern Cross Western Australia is nearing completion and the final fieldwork phase for resource studies.
Drilling is expected to be completed this week and drill core for SG (specific Gravity) and metallurgical test work sent to the laboratory.
Sedgman have been appointed to manage the metallurgical test work.
Hyland Geological and Mining Consultants (“HGMC”) have been appointed to complete the resource
estimation.
Kula has commenced business planning including evaluating a variety of products that may be able to be
produced. Further details will be reported as results are received and analysed.
– News Release –
Date: 22 March 2022 | ASX Code: KGD
About the Company
Kula Gold Ltd (ASX: KGD) is a West Australian gold exploration company focussed on large land positions and structural geological settings capable of hosting ~1m oz deposits.
The company has various gold, copper, nickel, PGE, lithium, halloysite and kaolin projects across the Southern Cross region including Marvel Loch, Rankin Dome and Westonia, as well as at Brunswick and Kurnalpi-Lake Rebecca. 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 cosec@kulagold.com.au
