⛏️ Kula Gold Limited CEO Ric Dawson joined Stockhead’s Explorers Podcast host Barry FitzGerald to talk about the Company’s Lithium hunt in Western Australia near Brunswick/Kirup and Southern Cross, and the rest of the Projects in the Company’s portfolio.

More from Stockhead:

Kula Gold Limited is a Western Australian mineral exploration company with expertise in the discovery of new mineral deposits in Western Australia. The Company’s projects across the Brunswick, Kirup and Southern Cross regions of WA contain Gold, Copper, Lithium, Nickel, PGE, Halloysite and Kaolin mineralisation.

The company’s inventory of lithium targets across its projects has grown yet again after rock chip sampling at the Southern Cross project advanced the Taliah prospect towards being a drill ready target. Kula says the potential lithium bearing pegmatites at the Mustang and Cobra prospects at its Kirup project in WA have been increased to 1km and 2km strike respectively.

⛏️ Last week Albemarle purchased tenements adjacent to Kula’s Brunswick and Kirup Lithium Project for $30m cash from Lithium Power International.

You can see the LPI tenements in relation to KGD’s tenements on the map below.

 “This is a fantastic endorsement of the area and of Kula’s Lithium strategy,” Kula CEO Ric Dawson said.

News Release

Date: 26 June 2023 | ASX Code: KGD 

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, Caesium or Tantalum near the world class Greenbushes Lithium Mine.
Contact the Company Secretary for more information – +61(08) 6144 0592 or cosec@kulagold.com.au