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Kula Gold Limited (ASX:KGD)

ALERT: Price-sensitive ASX Announcement for KGD
Current share price for KGD : $0.080 0.046 (135.29%)+
Announcement
Release
3 Nov 2025 8:22AM
Price at Release
$0.034
Full Release
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Summary
Kula Gold Limited announced significant high-grade gold assay results from their Mt Palmer Gold Project in the Southern Cross Goldfields, Western Australia. The notable result includes a 15-meter intersection at 9.4g/t gold from 87 meters, featuring a high-grade segment of 6 meters at 20.3g/t gold from 90 meters depth. These results, especially from hole 25MPRC0059, highlight the project's increasing scale potential with over 3 kilometers of prospective strike identified. Ongoing exploration efforts include pending assays from additional RC drill holes and diamond core drilling for structural analysis. The company is intensifying its exploration activities to further delineate resources and expand their understanding of the mineralization at Mt Palmer.
Key Points
  • 15m @ 9.4g/t gold from 87m, including 6m @ 20.3g/t gold from 90m and 3m @ 5.8g/t gold from 99m
  • Scale potential increasing with over 3km of prospective strike outlined
  • Diamond core drill holes and RC drilling assays pending
  • Continuation of prospectivity confirmed north to Eldorado and south to Bryant
  • Kula Gold is focused on Mt Palmer, a site with historic high-grade gold operations
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.