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The latest update is out from Kula Gold Limited ( (AU:KGD) ).
Kula Gold Limited has reported promising results from its Mustang Gold Prospect near Kirup, Western Australia. The company announced high-grade rock chip results and a better-defined soil anomaly, indicating potential for a new gold system. The exploration efforts are supported by the Western Australian Government’s Exploration Incentive Scheme, which will also partially fund future drilling stages. These developments could enhance Kula’s positioning in the gold exploration sector, potentially leading to significant discoveries that may impact stakeholders positively.
More about Kula Gold Limited
Kula Gold Limited is a company operating in the mining industry, primarily focused on gold exploration and development. The company is engaged in identifying and developing gold prospects, with a particular focus on projects located in Western Australia.
Technical Sentiment Signal: Sell
Current Market Cap: €2.9M
See more insights into KGD stock on TipRanks’ Stock Analysis page.