⛏️ Kula Gold Limited has released its latest Corporate Presentation focusing on the Company’s Lithium exploration at its 100% owned Brunswick Project in South West WA and PGE/Nickel/Gold exploration at its 100% owned Westonia Project amongst the Company’s Southern Cross Projects in WA.
HIGHLIGHTS – View Full Presentation PDF
- Brunswick Lithium Project
- The Project is a large land holding of ~300km2 in South Western WA and ~45km from the world class Greenbushes Lithium Mine in the same South West terrain geological region.
- Kula has already identified six prospective lithium pegmatite targets and on-ground exploration is in progress.
- Brunswick is also prospective for Gold, (Donnybrook Gold Mine-Historic), Copper, Nickel and PGE.
- Field mapping and surface geochemistry exploration is well underway at these zones and identifying new targets.
- Airborne Magnetic Survey planned – quotes in progress.
- Westonia PGE/Nickel Gold Project
- Tenements covering 357km2 around the producing Edna May Gold Mine (ASX:RMS) at Westonia WA.
- Maiden Exploration Program in Southern Westonia returned anomalous Platinum, Palladium and Gold results (ASX: 30 Aug 2022).
- Geochemical results up to 125ppb Pt + Pd (combined) and up to 35ppb Au.
- Accelerated program being expedited – including Heli-VTEM Survey by UTS Geophysics scheduled for November 2022.
The Company has also profiled its Boomerang Kaolin Deposit (Located near Southern Cross and is a resource of 93.3mt of kaolinized granite including 15.2mt indicated category) and Kurnalpi-Lake Rebecca Project (Adjacent to Ramelius Resources Ltd (ASX: RMS) tenements, ~10km south of their Lake Rebecca project where >1million ounce gold resource has been discovered – Announced Feb-2020- APC).
9 MONTH SCHEDULE OF OPERATIONS from Page 15
For more details:
News Release
Date: 10 October 2022 | ASX Code: KGD
Cautionary Statement: Forward Looking Statement: This Presentation may include statements that could be deemed “forward-looking statements”. Although Kula Gold Limited (the Company) believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are no guarantee of future performance and actual results or developments may differ materially from those expected in the forward-looking statements or not take place at all. This Presentation is not, and should not be considered to, constitute any offer to sell, or solicitation of an offer to buy, any securities in the Company, and no part of this Presentation forms the basis of any contract or commitment whatsoever with any person. The Company does not accept any liability to any person in relation to the distribution or possession of this Presentation from or in any jurisdiction. Disclaimer Whilst care has been exercised in preparing and presenting this Presentation, to the maximum extent permitted by law, the Company and its representatives: • make no representation, warranty or undertaking, express or implied, as to the adequacy, accuracy, completeness or reasonableness of this Presentation; • accept no responsibility or liability as to the adequacy, accuracy, completeness or reasonableness of this Presentation; and • accept no responsibility for any errors or omissions from this Presentation. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements.
About the Company
Kula Gold Limited (ASX: KGD) is a Western Australian mineral exploration company with expertise in the discovery of new mineral deposits in WA. The strategy is via large land positions and structural geological settings capable of hosting ~+1m oz gold or equivalent sized deposits including Lithium.
The Company is advancing projects within the South West region of WA for Lithium and Gold at Brunswick, as well as Gold and PGE at Westonia adjacent to the producing Edna May Gold Mine (owned by ASX:RMS) in the WA goldfields.
The Company has a history of large resource discoveries with its foundation being the Woodlark Island Gold project in PNG, (+1m oz Gold) which was subsequently joint ventured and sold to (ASX: GPR).
Kula’s recent discovery was the large 93.3mt Boomerang Kaolin deposit near Southern Cross WA– Maiden resource announced 20 July 2022. This project is in the economic study phase and moving to PE funding or trade JV.
The exploration team are busily working towards the next mineral discovery, potentially Lithium near the world class Greenbushes Lithium Mine.
Contact the Company Secretary for more information – +61(08) 6144 0592 or cosec@kulagold.com.au
