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A Clear Path to Production

Woodlark Island Gold Project – A Clear Path to Gold Production Kula Gold’s JV partner Geopacific (ASX:GPR) aims to: develop the Project as a >150,000oz gold per annum producer; increase the mine life to > 10 years; have a short development time. Geopacific plans to achieve this by: increasing reserves from 766,000oz gold to >1.2Moz gold; rebasing the Definitive Feasibility Study ; and then moving into production. Kula Gold and Geopacific recently entered into a binding term sheet for an earn-in and joint venture transaction on the Woodlark Island Gold Project, as reported on 11 July [...]

By |2020-10-21T23:52:13+08:00July 21, 2016|ASX/Media Releases, Frontpage Article|
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The Sophisticated Investor Reports – Overview of Woodlark Island Gold Project

The Sophisticated Investor Reports on an overview of the Woodlark Island Gold Project (WIGP) in Papua New Guinea.  The review includes: The history of the project and its location; A review of the DFS and the licences in place; How the opportunity arose for Geopacific to earn into the project; and The key targets for Geopacific as they look to bring the WIGP into production.

By |2022-01-13T09:26:26+08:00July 19, 2016|Frontpage Article, Reports & Presentations|
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Earn-in Agreement with Geopacific Resources Limited

Woodlark Island Gold Project Earn-in and Joint Venture with Geopacific Resources Limited (ASX:GPR) • Geopacific option to fund $18.65 million over 3.5 years to earn up to a 75% corporate interest in the Woodlark Island Gold Project; • Geopacific targeting increasing Woodlark Island Gold Project Ore Reserves to >1.2 million ounces of gold; • The fully-permitted Woodlark Island Gold Project contains a Mineral Resource of 2.1 million ounces of gold and an Ore Reserve of 766,000 ounces of gold following the completion of the feasibility study in 2012; • Geopacific full funding option for Kula through to production; and • Geopacific [...]

By |2016-07-11T10:43:01+08:00July 11, 2016|ASX/Media Releases, Frontpage Article|
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Trading Halt

Trading Halt issued by ASX   [av_button label='Trading Halt' link='manually,https://drive.google.com/file/d/0By2l_qySQd7ieXR4ZzkwNlo2anc/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']

By |2016-07-07T16:17:49+08:00July 7, 2016|ASX/Media Releases, Frontpage Article|
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Results of Annual General Meeting

Results of Annual General Meeting   The AGM was held at 11:00am (EST) on 31 May 2016 at Ashurst Lawyers offices, Level 11, 5 Martin Place, Sydney NSW 2000.   [av_button label='Full Results' link='manually,https://drive.google.com/file/d/0By2l_qySQd7iNHpzbFR1aFMzS1U/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']

By |2016-05-31T13:38:28+08:00May 31, 2016|ASX/Media Releases, Frontpage Article, News|
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Chairman’s Address to Shareholders at the AGM

KULA GOLD 2016 ANNUAL GENERAL MEETING CHAIRMAN'S ADDRESS   My fellow shareholders, During 2015, the gold price fell from a high of US$1,300 to a low of US$1,050. This has made it very difficult for your Company to initiate the development of its Woodlark Island Gold Project. The Company's efforts during 2015 were directed at ways to optimise and advance the Project notwithstanding this significant fall in the gold price. At the same time, the Company's wholly owned subsidiary, Woodlark Mining Limited (referred to as WML), continued its presence and low cost exploration activities on Woodlark [...]

By |2016-05-31T14:07:37+08:00May 31, 2016|ASX/Media Releases, Frontpage Article, News|
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Notice of Annual General Meeting

Notice of Annual General Meeting and Draft Proxy Form [av_button label='Full Notice' link='manually,https://drive.google.com/file/d/0By2l_qySQd7ibVJvXzRnWmw5RkU/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']

By |2016-05-02T11:32:24+08:00May 2, 2016|ASX/Media Releases, Frontpage Article, News|
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March Quarterly and Appendix 5B

• Successful Share Purchase Plan raises approximately $300,000 • Placement with major shareholders expected to raise approximately $200,000 • MOU with Misima Gold Project – 1.7moz Gold Resource • Six new gold targets identified on Woodlark • Kulumadau Gold Deposit part of Larger System • March 31 cash position A$0.47 Million, excluding SPP and placement raisings [av_button label='Full Announcement' link='manually,https://drive.google.com/file/d/0By2l_qySQd7iQUozMUdCUk1Ldkk/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']

By |2016-04-22T11:35:13+08:00April 21, 2016|ASX/Media Releases, Frontpage Article, News|
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Results of Share Purchase Plan

The company reports the success of the SPP in raising $298,000, for the allotment of 9,612,896 shares, which will fund further detailed analysis of the significant database accumulated over 10 years of exploration and feasibility study work. The focus will continue to be on significant gold resource expansion opportunities within and proximal to the existing Feasibility Study pits, as well as prospects within trucking distance to the proposed plant site. Prioritisation and ranking of all of the gold resource expansion targets identified will follow, as a precursor to costing and implementing drilling programs. [av_button label='Appendix 3B' [...]

By |2016-04-04T10:54:42+08:00April 4, 2016|ASX/Media Releases, Frontpage Article|
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Kulumadau Gold Deposit part of Larger System

  Geological review confirms the Kulumadau mineralising system is much larger and only partially drilled Several new targets generated for drilling Significant potential for Kulumadau to deliver additional Resources for Woodlark Island Gold Project     [av_button label='Full Announcement' link='manually,https://drive.google.com/file/d/0By2l_qySQd7ibGVrbFFLenRmOFk/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']

By |2016-03-22T14:56:08+08:00March 22, 2016|ASX/Media Releases, Frontpage Article, News|
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