Kula Gold Limited has released images of the Company’s Exploration Team at work across the Kirup Lithium Project – in particular at its Cobra Lithium Prospect and Thunderbird Lithium Prospect, both located within 25km of Greenbushes.
Kula Gold announced on Wednesday plans to begin an RC Drilling program at Cobra next week, with features on the program available to read on the Stockhead (includes interview with Kula’s Managing Director) and The West Australian websites.
The initial RC drilling programme is 1,000m but is flexible to extend the programme for a prolonged period based on favourable mineralisation/rock types.
Kula Gold Managing Director Ric Dawson commented:
“The exploration work done by our team of geologists on the ground has led us to the exciting period of drilling at our Cobra Lithium Prospect next week.”
“Our team will be on the ground with Stark Drilling for the 1,000m program with portable XRF machines and UV lights on the rigs, as we test the entirety of this large pegmatite for LCT mineralisation at depth (below the known weathered zone) in a mafic host country rock.”
News Release
Date: 17 November 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 and Kirup – near the world class Greenbushes Lithium Mine, as well as Gold and PGE at Westonia adjacent to the producing Edna May Gold Mine (owned by ASX:RMS) and Lithium at the Taliah-Nadia-Sasha Prospects in the WA goldfields at Southern Cross.
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 discovered 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.
Contact the Company Secretary for more information – +61(08) 6144 0592 or cosec@kulagold.com.au
