Quarterly Activity Report: Period Ending 31/12/2024

Kula Gold Limited presents its Quarterly Activity Report for the period ended 31 December 2024. HIGHLIGHTS Numerous shallow gold prospects advance Kula towards resource drilling at Mt Palmer Includes: Bryant: 4m @ 3.02g/t gold from 18m, 7m @ 3g/t gold from 15m – open along strike and depth El Dorado: 6m @ 8.3g/t gold from 28m Meiers Find: 600m geochemistry anomaly and 1m @ 15.4g/t gold from 36m Mt Palmer East Prospect – 3m @ 9.1g/t gold from 86m (incl 1m @ 102g/t gold) end of hole – open all directions The Mt Palmer Gold [...]

By |2025-02-03T09:07:15+08:00January 31, 2025|Boomerang Kaolin, Brunswick, Kirup, Latest News, Southern Cross|

Quarterly Activity Report: Period Ending 30/09/2024

Kula Gold Limited presents its Quarterly Activity Report for the period ended 30 September 2024. HIGHLIGHTS The historic Mt Palmer Gold Mine (formerly “Yellowdine Mine”) was last commercially mined in 1944 down to the 6th level (~160m) at 15.9g/t gold Results of the RC and Diamond drilling programmes during the quarter included: 4m @ 3.02g/t gold including 1m @ 6.66g/t gold from 18m near surface, aligning with historic holes of up to 7m @ 3g/t gold including 1m @ 10.6g/t gold at the newly identified Mt Palmer Bryant Lode 6m @ 8.3g/t gold from 28m [...]

By |2024-11-01T07:32:56+08:00October 31, 2024|Boomerang Kaolin, Kirup, Latest News, Southern Cross|

Quarterly Activity Report: Period Ending 30/06/2024

Kula Gold Limited presents its Quarterly Activity Report for the period ended 30 June 2024. View the PDF version of this ASX Announcement Figure 1: Kula’s Southern Cross Projects (noting the non-Kula projects in green). MT PALMER GOLD MINE – 51% (earning to 80%) The Company has acquired 51% and earning to 80% of the historical Mt Palmer Gold Mine, located near Marvel Loch in the Southern Cross Goldfields in Western Australia, last commercially mined in 1944 down to only the 6th level (~160m) at 15.9 grams/tonne. Kula acquired 51% of the [...]

Brunswick Exploration Update – Substantial Gold prospectivity at Cammilleri Mine & surrounds

Kula Gold Limited reports that exploration is progressing quickly at the historical Cammilleri/Donnybrook Mine and surrounds. Fortunately, most of the old sample bags are onsite and intact which allowed the Company to do extensive relogging and reassaying of the 2003 RC drill programme. Furthermore, gold was panned by the Company’s geologist in hole DBRC08 at the interval 27-28m depth. This was done following a review of WAMEX reports indicating highly variable gold assays using the AR technique, over 2m composites noting quartz veins from relogging that have haematite alteration and nuggety gold style of mineralisation. Results [...]

By |2024-05-23T09:32:29+08:00May 23, 2024|Boomerang Kaolin, Brunswick, Latest News, Southern Cross|

Boomerang Gold RC Drilling commences at Marvel Loch Project

Kula Gold Limited reports RC Drilling has commenced at the Boomerang Gold Prospect at the Marvel Loch Project (KGD 100%), near Southern Cross WA. The prospect is north of the Nevoria Gold Mine (+600,000 ounces gold), east of the circa 2.4million ounces Marvel Loch Gold Mine and west of the Mt Palmer Gold Mine (+150,000 ounces gold) all of which produced gold at more than 4 grams/tonne. Kula’s Managing Director Ric Dawson comments: “This reconnaissance RC drilling is a limited metreage programme to test the gold UFF geochemistry anomaly following up a 1m at 2.56g/t [...]

By |2024-05-03T10:36:59+08:00May 3, 2024|Boomerang Kaolin, Latest News, Southern Cross|

Quarterly Activity Report: Period Ending 31/03/2024

Kula Gold Limited presents its Quarterly Activity Report for the period ended 31 March 2024. View the PDF version of this QAR MARVEL LOCH PROJECT - E77/2621 - 100% Owned - KAOLIN & GOLD The Company reported that recent geochemical sampling and geophysical interpretation identified two new and advanced two other gold prospects at the Marvel Loch Project, near Southern Cross WA. Figure 1: Kula’s Marvel Loch, Southern Cross and Westonia Projects, locations of regional gold mines and preexisting infrastructure. Boomerang Gold Prospect The Company reported that geochemical sampling commenced, and satellite [...]

By |2024-07-30T16:46:33+08:00April 30, 2024|Boomerang Kaolin, Brunswick, Kirup, Latest News, Southern Cross|

RC Drilling to commence at Boomerang Gold Prospect within Marvel Loch Project

Kula Gold Limited reports the follow up round of geochemical sampling which has enhanced the previously defined gold anomaly at the Boomerang Gold Prospect at the Marvel Loch Project (KGD 100%), near Southern Cross WA. The prospect is north of the Nevoria Gold Mine (+600,000 ounces gold), east of the circa 2.4million ounces Marvel Loch Gold Mine and west of the Mt Palmer Gold Mine (+150,000 ounces gold) all of which produced gold at more than 4 grams/tonne. HIGHLIGHTS Infill UFF soil sampling enhances the Boomerang gold anomaly to over 200m in length Drilling approvals in [...]

By |2024-04-29T09:49:42+08:00April 29, 2024|Boomerang Kaolin, Latest News, Southern Cross|

Marvel Loch Exploration Update – Gold anomaly defined for drill ready target at Boomerang

Kula Gold Limited reports geochemical sampling has defined a gold anomaly at the Boomerang Gold Prospect within the Company's Marvel Loch Project, near Southern Cross WA. The prospect is north of the Nevoria Gold Mine (+600,000oz gold), and east of the circa 2.4M oz Marvel Loch Gold Mine and west of the Mt Palmer Gold Mine (+150,000 oz gold). Kula’s Managing Director Ric Dawson comments: "This is a very promising target in a proven mining district, so Kula has a rig on standby, preliminary drill locations have been marked, awaiting detailed geochemistry results to refine [...]

By |2024-04-10T09:17:20+08:00April 10, 2024|Boomerang Kaolin, Latest News, Southern Cross|

Kula Gold’s Managing Director speaks to Stockhead about Gold Prospects in WA

Kula Gold Limited Managing Director Ric Dawson spoke with Ashtyn Hiron from Stockhead TV to discuss Kula's Boomerang Gold and Mustang Gold Prospects located within the Southern Cross and Kirup regions of Western Australia. “We've focused on gold for 2024 and we believe the gold industry has been a bit neglected. We are very excited about our gold prospects, especially at Marvel Loch (at Southern Cross) with our prospect called Boomerang Gold. Boomerang is where we are going to be working on shortly, and we've got a team at Kirup doing soil sampling on the [...]

By |2024-03-11T13:23:15+08:00March 11, 2024|Boomerang Kaolin, Kirup, Latest News, Southern Cross|

Boomerang Gold Exploration Update – Geochemical sampling commenced at Marvel Loch

Kula Gold Limited reports geochemical sampling has commenced and satellite interpretation has enhanced the Boomerang Gold Prospect at the Marvel Loch Project (KGD 100%), near Southern Cross WA. The prospect is north of the Nevoria Gold Mine (+600,000oz gold), and east of the 3Moz Marvel Loch Gold Mine and west of the Mt Palmer Gold Mine (+150,000 oz gold). HIGHLIGHTS Boomerang Gold Prospect below the existing Boomerang Kaolin Deposit- with a 1m @ 2.6g/t gold from 54m interval Coincident satellite Sentinel -2 arsenopyrite anomaly Close to existing Marvel Loch gold processing infrastructure UFF soil sampling [...]

By |2024-02-22T09:04:46+08:00February 22, 2024|Boomerang Kaolin, Latest News, Southern Cross|
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