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The latest announcement is out from Kula Gold Limited ( (AU:KGD) ).
Kula Gold Limited has announced significant results from its soil sampling program at the Wozi Niobium Project in Malawi, revealing a high-grade niobium soil anomaly. The anomaly spans over 1.5 kilometers in length and up to 400 meters in width, with niobium concentrations exceeding 1% Nb2O5. These findings present promising drilling targets and suggest potential for direct reduction to ferro-niobium, enhancing the project’s value. The company plans to initiate a drilling program to further assess the project’s potential, while maintaining its primary focus on the Mt Palmer project.
More about Kula Gold Limited
Kula Gold Limited operates in the critical minerals industry, focusing on the exploration and development of mineral resources. The company is primarily involved in projects related to niobium and other rare earth elements, with a strategic market focus on enhancing shareholder value through targeted exploration and potential partnerships.
Average Trading Volume: 20,784,643
Technical Sentiment Signal: Sell
Current Market Cap: A$24.88M
See more data about KGD stock on TipRanks’ Stock Analysis page.