Kula Gold Limited reports a highly significant result from the first ever drilling done at the Company’s Mustang Gold Project located near Kirup, Western Australia (approximately 110km SW of the Boddington Gold Mine). HIGHLIGHTS The first ever RC drill programme at Kula’s Mustang Gold Prospect has discovered a significant intercept of 2m @ 2.3g/t Gold from 34m Western Australian Government’s Exploration Incentive Scheme (EIS) supported the drilling and will part fund the next stages of drilling View the PDF version of this ASX Announcement Kula Managing Director Ric Dawson comments: “Kula is pleased to [...]

Kula Gold Limited reports the commencement of drilling at the Company’s Mustang Gold Prospect within the Kirup Project located near Donnybrook, Western Australia approximately 110km SW of the Boddington Gold Mine. HIGHLIGHTS Reconnaissance RC drilling programme has commenced today at Kula's Mustang Gold Prospect with Stark Drilling Western Australian Government’s Exploration Incentive Scheme (EIS) support to fund RC drill plan Kula’s Managing Director Ric Dawson comments: “Exciting to commence RC drilling at the Mustang Prospect following a fully peer reviewed successful EIS application over a high order 0.8km gold prospect. This is Kula’s first successful [...]

Kula Gold Limited reports an exploration update at the Company’s Kirup Project located near Donnybrook, WA approximately 110km SW of the Boddington Gold Mine with the Company securing EIS co-funding from the WA Government Department of Mines for drilling at its Mustang Gold Prospect. HIGHLIGHTS Western Australia Government’s Exploration Incentive Scheme (EIS) application is successful following rigorous independent GSWA review 50% funding of direct drilling and mobilisation costs incurred up to $180,000 Reconnaissance RC drilling programme set to commence 1 December 2024 Value accretive new target to add to the advancing Mt Palmer Gold Project View [...]

Kula Gold Limited reports the Company has identified substantial epithermal gold prospectivity at both the Cobra and Mustang Prospects during recent drilling within its Kirup Project, with rock chip results to 3.5g/t gold. Kula reports the recent RC drilling programme at the Cobra Prospect failed to intercept economic lithium mineralisation with the best result being in hole 23CPRC002 with a composite interval of 4m @ 178ppm from 116m. Kula’s Managing Director Ric Dawson comments: "The Company is obviously disappointed in not intercepting economic lithium mineralisation greater than surface rock chips, we had expectations that the [...]