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An update from Kula Gold Limited ( (AU:KGD) ) is now available.
Kula Gold Limited has reported significant progress in its exploration activities for the quarter ending June 30, 2025. The company achieved high-grade gold results from its Stage 2 RC drilling at the Mt Palmer Gold Mine, indicating potential for low-cost open pit extraction. Additionally, Kula has met its expenditure requirements to earn an 80% stake in the Mt Palmer Gold Mine JV. The company is also advancing its Kirup Project with promising results and is actively seeking joint ventures or sales opportunities. Furthermore, Kula has received formal approval for the Wozi Niobium Project tenement in Malawi, with plans to conduct field programs and advance towards a maiden drilling program in Q4 2025.
More about Kula Gold Limited
Kula Gold Limited is a company involved in the mining industry, primarily focusing on gold exploration and development. The company is actively engaged in projects such as the Mt Palmer Gold Mine, the Kirup Project, and the Wozi Niobium Project, with a market focus on expanding its resource base and advancing its mining operations.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.53M
See more data about KGD stock on TipRanks’ Stock Analysis page.