Kula Gold Limited reports further high grade gold assay results from RC drilling at the Company’s Mt Palmer Gold Project located in the Southern Cross Goldfields - featuring 15m @ 9.4g/t gold (from 87m) including 6m @ 20.3g/t gold (from 90m). Kula’s Managing Director Ric Dawson comments: “Mt Palmer continues to surprise on the upside with this being our best result to date with this outstanding gold gram-metre of 141gm from only 87m downhole depth. The results that we are getting are demonstrating that there is a lot more to Mt Palmer and we are [...]

Kula Gold Limited advises assay results from the track mounted RC drilling rig at the Company’s Mt Palmer Gold Project located in the Southern Cross Goldfields.  View the PDF version of this ASX Announcement HIGHLIGHTS Track mounted RC drilling gold assays at the Mt Palmer Gold Project provide encouraging results, including hole 25MPRC0054 containing 8m @ 2.76g/t gold (from 24m) including 1m @ 16.95 g/t gold (from 30m) Over 3km of potential strike along a highly magnetic banded iron formation/jasperlite unit containing a mineralised trend from El Dorado to Bryant is to be now [...]

Kula Gold Limited is pleased to announce that a conditional scrip takeover bid for all of Kula Gold’s shares has been received from Forrestania Resources Limited. Kula Gold Chairman Mark Stowell commented. "Kula has managed to unearth the gold potential of Mt Palmer over the last 18 months, which is a real credit to our team members," "Merging into the Forrestania group as part of a consolidation of numerous gold resources in the Southern Cross goldfields, is a substantial and accelerated step towards getting into gold production for the benefit of our shareholders. The Forrestania [...]

Kula Gold Limited reports progress on the drilling programme at the Company's Mt Palmer Gold Project in WA’s Southern Cross Goldfields. HIGHLIGHTS A large RC rig has commenced drilling to complete Phase 1 of the drilling programme Diamond drilling completed – structural analysis completed and assays in transit to lab Track-mounted RC rig completed – assays pending Kula’s Managing Director Ric Dawson comments: “We are pleased with the progress of the Phase 1 drilling campaign and look forward to completing it. The knowledge obtained from this drilling will continue to unlock the structural characteristics at [...]

Kula Gold Limited is pleased to advise that it has executed a Share Subscription Agreement with Forrestania Resources Limited (ASX: FRS) to raise $1,868,434 and a second Share Subscription Agreement with Aquarius Peak Pty Ltd to raise $660,000. Kula has also been formally advised that our JV partner in the Mt Palmer JV (Aurumin Mt Palmer Pty Ltd) now has a new owner Newcam Minerals Pty Ltd. The raising will be via a placement of fully paid ordinary shares at an issue price of 2.2 cents per share (“Placement”), representing a 5% discount to the [...]

Kula Gold Chairman Mark Stowell presents a four minute video tour of the Egans-Epis section of the Mt Palmer Gold Project in the Southern Cross Goldfields.Stowell provides an on-location update from the Egans-Epis Trend to the north of the Main Lode of the historic Mt Palmer Gold Mine, with diamond core drilling to follow.Watch on Kula's Twitter/X Account.🎥 Kula Gold Chairman Mark Stowell provides an on-location update from $KGD's Mt Palmer #Gold Project, with the diamond core #drilling programme underway.🗣️ "This is a quick tour of the site of what we're drilling, why we like [...]