Kula Gold says the potential lithium bearing pegmatites at the Mustang and Cobra prospects at its Kirup project in WA have been increased to 1km and 2km strike respectively.

Recent mapping, rock chip and soil sampling at Mustang has confirmed several pegmatites with strikes up to 1km and over 100m wide.

This is a walk-up drill target to test for Lithium-Caesium-Tantalum (LCT) mineralisation below the weathered zone estimated at 30-50m, similar to the nearby Greenbushes Mine.

“The Mustang Prospect is progressing to be our first target for drilling out of the two new lithium prospects at the Kirup Project in the next month or two,” Kula Gold (ASX:KGD) CEO Ric Dawson said.

Increased 2km strike length at Cobra

At the Cobra prospect, recent mapping and rock chipping near anomalous lithium has returned results up to 240.8ppm and 71.9ppm.

This has increased the strike to roughly 2km long and greater than 300m wide.

“The extent of the strike at the Mustang and Cobra Prospects with potential LCT suite mineralisation is testament to the lithium prospectivity being uncovered in this world class lithium region,” Dawson said.

Exploration drill planning is in progress and further results will be reported in due course.




This article was developed in collaboration with Kula Gold Limited, a Stockhead advertiser at the time of publishing.


This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.