Kula Gold has extended the airborne helicopter VTEM and magnetic survey at its Westonia Nickel-PGM-Gold Project in WA to include additional infill lines.

Following the company’s initial survey exploration program, an additional 30 line-kilometres have been added on tenement E77/2766 in the South of the Westonia Project with 100m line spacing.

Kula Gold (ASX:KGD) says the aim is to refine drill targets following the successful auger drill program outlining PGE and Gold anomalism.

Highly prospective landholding

The company’s strategy is exploring large land positions and structural geological settings capable of hosting ~+1m oz gold or equivalent sized deposits including lithium.

Maiden work at Westonia has already returned auger geochemical results of up to 125 parts per billion (ppb) platinum and palladium and up to 35ppb gold while a rock sample from a lateritic breakaway returned 1.85 grams per tonne (g/t) gold.

Anomalous copper was also flagged with 498.3 parts per million copper that is coincident with the central portion of E77/2766.

This work was focused on the central portion of E77/2766, which is less than 5km south of Ramelius Resources’ Edna May gold mine – which has historically produced over 1Moz of gold and still has some 990,000oz of contained gold.

 

 

 

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.

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