
The Lake Rebecca Gold Project EL 28/2942 originally covered 150km2 and it has been increased to approx 310km2 after additional exploration license applications were made with EL 28/3029 and E28/3137.
This project is located 150km NE of Kalgoorlie, Western Australia. Kula’s exploration license is adjacent to tenements that are owned and under exploration by Apollo Consolidated Ltd’s (ASX: AOP) which are 10km south of recently discovered Lake Rebecca Gold Project (a +1 million oz resource defined and additional exploration drilling is being undertaken).
The Company has used open file aero-magnetics to identify a number of target structures for initial auger drill testing. Limited historic drilling/sampling work has been undertaken over the area. Open file data compilation work and detailed geophysical studies have been completed which have identified two geochemical and co-incident magnetic anomalies on the licence. Early stage soil sampling and drilling has been carried out on the license and further development work is planned for the exploration license.
Other ASX exploration companies that surround Kula’s tenements are shown in the map below and developments surrounding Kurnalpi-Lake Rebecca are noted.
⛏️ October 2021 – Apollo’s Lake Rebecca Gold Project subject to takeover from Ramelius Resources
⛏️ October 2021 – Tenement adjacent to Kurnalpi Project lists on ASX and E79 Gold Mines Limited plans drilling shared Greenstone belt
Vanta XRF analyser in action at Kula Lab
⛏️ Kula Gold Limited's Olympus Vanta XRF analyser is a valuable tool for producing preliminary early analysis in the field or at Kula's lab in Perth. Note: All samples are sent to commercial labs by Kula Gold for main results. - News Release - Date: 2 March 2022 | ASX Code: KGD About the CompanyKula Gold Ltd (ASX: KGD) is a West Australian gold exploration company focussed on large land positions and structural geological settings capable of [...]
The end of field geology? Not at Kula Gold
⛏️ Kula Gold Limited has welcomed the instructional video by geologist Nick Tate, which underpins the company's approach to exploration across its West Australian tenements. Tate, from the website www.geologyupskill.com, released a video to his YouTube channel last week highlighting the value of having 'boots on the ground' rather than relying solely on technology to identify anomalies in the field. "There's a popular perception that with the advent of drones and satellite imagery and high tech geophysics, that pretty soon we won't need to [...]
Quarterly Activity Report – Period Ending 30/09/21
⛏️ Kula Gold Limited is pleased to update exploration activities for the quarter ending 30 September 2021. Download the Full Release here. QAR HIGHLIGHTS Boomerang Kaolin Prospect, Southern Cross RC Drilling Discovers +42m Vertical Thickness High Quality Kaolin Clays near surface; Drillhole 21BMRC001 intersected 10m @ 7% Halloysite from 40m depth downhole (8.8m true thickness) within an intersection of 55m of kaolin downhole. Brunswick Cu-Ni-PGE, Au Li Project Results from Company samples up to 7g/t gold and historic [...]
Apollo’s Lake Rebecca Gold Project subject to takeover from Ramelius Resources
⛏️ Kula Gold Limited notes the takeover bid for Apollo Consolidated - with its Lake Rebecca Project neighbouring Kula's Kurnalpi-Lake Rebecca Project - with Apollo's directors unanimously recommending shareholders accept an offer from Ramelius Resources to takeover the company. The Ramelius’ Edna May Gold Mine also neighbours Kula’s Westonia tenements. From the joint Apollo-Ramelius Press Release on 18 October 2021: Apollo's Lake Rebecca Project is located in Australia’s premier gold province and with a current total Mineral Resource estimate of [...]
6 Month Drilling Schedule for Kula Gold Projects + Investor Presentation
⛏️ Kula Gold Limited has released its latest Investor Presentation which details the company's drilling schedule and exploration plans for the next six months. Download the full PDF Investor Presentation here. As part of the Presentation, the company has released its drilling schedule from October 2021 through April 2022 at its various Projects across Western Australia. Figure 1. 6 Month Schedule of Drilling Operations for Kula Gold - October 2021 The Presentation goes into detail on all [...]
Tenement adjacent to Kurnalpi Project lists on ASX – E79 plans drilling shared Greenstone belt
⛏️ Kula Gold Limited congratulates E79 Gold Mines Limited on their successful ASX listing this week, and look forward to results from their planned 20,000m aircore drilling program at their Lake Yindana Project, testing an unrecognised greenstone belt - which runs into Kula's Kurnalpi-Lake Rebecca Project. E79's Lake Yindana Project sits adjacent to Kula's Kurnalpi-Lake Rebecca Project which is to the east, with Apollo Consolidated tenements to the north (1m ounce gold resource discovered Feb 2020). Map of Kurnalpli-Lake Rebecca Project and surrounding explorers. [...]