RIU Sydney Resources Round-up Presentation, 14 May 2015 [av_button label='Full Presentation' link='manually,https://drive.google.com/file/d/0By2l_qySQd7iSWRGZUI1YTU4OUU/view?usp=sharing' link_target='' size='small' position='center' icon_select='no' icon='ue800' font='entypo-fontello' color='theme-color' custom_bg='#444444' custom_font='#ffffff']
Watou Prospect confirms continuity of significant surface gold mineralisation Two continuous ore grade zones delineated and a third zone identified with mineralisation open along strike, including trench assay results of 8 metres @ 4.46g/t Au 23 metres @ 2.03 g/t Au Negotiations of PNG State Equity advances March 31 cash position A$1.48 million Click here for the full report
Notice is hereby given that the Annual General Meeting (AGM) of shareholders of Kula gold Limited (the Company) will be held at Suite 2, Level 15, 1 York Street, Sydney NSW 2000 on Tuesday 26 May 2015 at 11.00am (AEST) (Meeting). The Explanatory Notes to this Notice provides additional information on matters to be considered at the Meeting. The Proxy Form and Explanatory Notes form part of this notice. [av_button label='Full Announcement' link='manually,https://drive.google.com/file/d/0By2l_qySQd7iY0dLZnNBWWRzaUk/view?usp=sharing' link_target='' size='small' position='center' icon_select='no' icon='ue800' font='entypo-fontello' color='theme-color' custom_bg='#444444' custom_font='#ffffff']
Watou Prospect confirms continuity of significant surface gold mineralisation Two continuous ore grade zones delineated and a third zone identified with mineralisation open along strike, including trench assay results of: - 8 metres @ 4.46g/t Au - 23 metres @ 2.03 g/t Au Mineralisation located in close proximity to the Woodlark King Deposit Watou mineralisation demonstrates the potential for Woodlark to deliver additional resource ounces [av_button label='Full Announcement' link='manually,https://drive.google.com/file/d/0By2l_qySQd7iSVFCcVpvcVlHSzQ/view?usp=sharing' link_target='' size='medium' position='center' icon_select='no' icon='ue800' font='entypo-fontello' color='theme-color' custom_bg='#444444' custom_font='#ffffff']
A$6.5 million equity raised Debt free after the conversion of working capital debt facility to equity PNG State Equity in the Woodlark Island Gold Project progressed Advisors appointed to provide corporate and funding advice Reconnaissance trenching at Watou returns significant ore grades December 31 cash position A$2.7 million [av_button label='Full Report' link='manually,https://drive.google.com/file/d/0By2l_qySQd7iLTdhVURxZFpieVk/view?usp=sharing' link_target='' size='medium' position='center' icon_select='no' icon='ue800' font='entypo-fontello' color='theme-color' custom_bg='#444444' custom_font='#ffffff']
Investment Highlights: KGD owns 100% interest in the Woodlark Island Gold Project in Papua New Guinea, which is fully permitted with grant of mining lease and receipt of environment permit. The Project has 2.1Moz of JORC Resource gold at 1.5g/t, including a higher grade JORC Reserve of 766koz at 2.2g/t. KGD has completed a Feasability Study on a 1.8Mtpa operation the Woodlark Project, as well as a Scoping Study for a 4Mtpa scenario. Mining is open pit of three deposits located within close proximity and conventional gravity/CIL plant. We demonstrate that further conversion of inferred resources [...]
Investment Highlights: KGD announced last week the results of its infill trenching program at Watou. A total of 1,378m of infill trenches were completed. Some of the best results included 8m @ 4.46/gt Au and 23m @ 2.03g/t Au. Watou is located within 1km from the existing Woodlark King gold deposit, the latter containing a JORC Resource of 4Mt @ 1.4g/t for 180koz of Au. Given its close proximity, it is possible that Watou could be an extension of the Woodlark King deposit. The results reinforce Watou as a prospective exploration target, possessing the likely potential [...]
