Kula Gold is getting to the chopper, aiming to refine its drill targets at the Westonia Nickel-PGE-gold project in WA. Pic via Getty Images.
Mining
Kula has started an airborne Versatile Time-Domain Electromagnetic (VTEM) to refine drill targets at its Westonia nickel-PGE-gold project in WA’s Southern Cross region.
It has engaged UTS Geophysics for the 417 line kilometre survey on tenement E77/2766 with 200m line spacing.
This helicopter-borne VTEM and magnetic survey will follow-up on successful auger drilling, which outlined platinum group elements (PGE) and gold anomalism at the project earlier this year, by finding conductive sources that will define drill targets for potential mineralisation.
Kula Gold’s (ASX:KGD) maiden work at Westonia had 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 noted 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 that 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, 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.
