Kula Gold Ltd (ASX: KGD) is a Western Australian mineral exploration company with expertise in the discovery of new mineral deposits in WA. The strategy is via large land positions and structural geological settings capable of hosting ~+1m oz Gold or equivalent sized deposits, including Lithium.

The Company is advancing projects within the WA Goldfields at the Mt Palmer Gold Project and Boomerang Kaolin Deposit at Marvel Loch Southern Cross. Also in the South West region of WA for Lithium and Gold at Kirup and Brunswick – near the world class Greenbushes Lithium Mine, as well Lithium at the Taliah-Nadia-Sasha Prospects at Southern Cross, and Gold at Westonia (adjacent to the producing Edna May Gold Mine – owned by ASX:RMS).

Kula discovered the large 93.3mt Boomerang Kaolin Deposit near Southern Cross WA – Maiden resource announced 20 July 2022. This project is in the economic study phase and moving to PE funding or trade JV.

Kula has a history of large gold resource discoveries with its foundation Woodlark Island project in PNG where more than 1.6 million oz of gold has been discovered. After the sale of Kula’s interest in the PNG project (+1m oz Gold) which was subsequently joint ventured and sold to (ASX: GPR), it focused on identifying more gold discoveries in Australia.

The initial exploration concept for its Australian focused activities was to select tenements in greenfield type gold locations in Western Australia using analogue examples of gold in granites as the exploration model. The decision was based on the increasing number of significant granite hosted gold deposits being discovered and or delineated in the Yilgarn Block of Western Australia.

Kula Gold owns large land positions at Lake Rebecca and Marvel Loch hosting significant geological structures capable of hosting +1moz gold resources. The exploration licenses covering 270km² are positioned adjacent to/and around existing large scale gold discoveries in the Southern Cross Region of WA.

The company added the Ni-Cu-PGE Project near Brunswick in late 2020 and has expanded its tenement holdings across Western Australia from 2021-2023, including the Kirup Lithium Project near the Greenbushes Lithium Mine.

Low cost exploration that is effective in providing high value exploration targets provides maximum leverage for shareholders. A high proportion of capital raised is directed to targeted exploration drilling activities which are de-risked through significant amounts of pre-drilling geophysical review, historical exploration activity research and cross referencing with public source data and soil/sedimentary sampling.

Visit the Kula Gold Project Pages for the latest information on all our tenements.