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Kula Gold data review throws up forgotten historic drill hole
Kula Gold’s tracked reverse circulation drill rig and sample logging in operation at the company’s historic Mt. Palmer gold project near Southern Cross. Credit: File Kula Gold’s (ASX: KGD) recent review of 1998 rotary air-blast (RAB) drilling data has brought to light a standout hole put down by Sons of Gwalia at the North Yilgarn Star prospect near Southern Cross in WA which nailed a 5m intersection going 6.80g/t gold from 15m and a further 2m at 0.46g/t from 49m to end of
Doug Bright
Nov 13


Kula Gold strikes best gold hits yet at Southern Cross
A reverse circulation drill rig in action at Kula Gold’s Mt Palmer gold project close to Southern Cross in Western Australia. Credit: File Kula Gold (ASX: KGD) has unveiled its best set of high-grade drill hits yet from the company’s Mt Palmer gold project in Western Australia’s Southern Cross Goldfields. Its latest reverse-circulation (RC) results next to the Mt Palmer mine include a 6m intercept grading a stunning 20.3 grams per tonne (g/t) from 90 metres depth and another
James Pearson
Nov 3


Kula Gold lights up 3km Southern Cross gold trend
Track mounted RC drilling at Kula Gold’s Mt Palmer gold project near Marvel Loch in Western Australia’s Yilgarn region. Credit: File Kula Gold (ASX: KGD) has lit up the historic Mt Palmer goldfield near Southern Cross with a run of strong gold hits that point to a potentially continuous 3km mineralised corridor, stretching from its El Dorado prospect all the way down to the Bryant lode at the southern end of its tenure. The company’s latest reverse-circulation (RC) results i
James Pearson
Oct 24


Forrestania launches friendly takeover bid for Kula Gold
Kula Gold’s and the company’s historic Mt Palmer gold mine in Western Australia’s eastern goldfields are currently subject to an all script bid from fellow ASX explorer, Forrestania Resources. Credit: File Forrestania Resources has swooped on Kula Gold (ASX: KGD) , tabling a conditional scrip takeover, offering one Forrestania share for every 5.6 Kula shares in a deal that values Kula at a 41 per cent premium to its 10-day volume weighed average price. The friendly bid repre
James Pearson
Oct 14
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