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Kula Gold Limited ( (AU:KGD) ) has issued an announcement.
Kula Gold Limited has announced significant high-grade shallow gold intercepts from its Stage 2 RC drilling at the Mt Palmer Gold Project, indicating potential for low-cost open pit mining. The results, which include impressive gold grades, reinforce the project’s promise and suggest further resource definition and exploration opportunities along the 10km belt owned by the Mt Palmer JV.
More about Kula Gold Limited
Kula Gold Limited operates in the mining industry, primarily focusing on gold exploration and extraction. The company is engaged in developing the Mt Palmer Gold Project in the Southern Cross Goldfields, Western Australia, in partnership with Aurumin Limited.
Technical Sentiment Signal: Sell
Current Market Cap: A$6.45M
For an in-depth examination of KGD stock, go to TipRanks’ Stock Analysis page.