Western Australian mineral exploration company Kula Gold (ASX:KGD) reports a reconnaissance drilling program has begun focusing on the main ‘eye’ structure at the Westonia Project.
This drilling program will be completed by Stark Drilling to test targets identified in a helicopter versatile time domain electromagnetic (VTEM), and drone magnetic survey completed at the project.
The company engaged UTS Geophysics for the VTEM survey and following initial positive indications had an additional 30km completed to infill to 100m line spacing. Further modelling of electromagnetic (EM) data is in progress. Kula also says it engaged Atlas Geophysics to fly a 25m line spacing 25m height drone magnetic survey.
“We are excited to have commenced our reconnaissance drilling program on several exciting grass roots prospects at the Westonia Project adjacent to the 2 million ounce Edna May Gold Mine”
Commenting on the reconnaissance drilling, Kula Gold Chief Executive Officer (CEO) Ric Dawson says: “We are excited to have commenced our reconnaissance drilling program on several exciting grass roots prospects at the Westonia Project adjacent to the 2 million ounce Edna May Gold Mine. Our team has developed a model to target and now it is time to test it over the coming weeks.
Being able to start testing this new area will give us a pipeline of targets for future drilling and let us focus on the key intrusive targets in and around the ‘eye’ structure.
The combination of some very encouraging geochemistry and geophysics rank these low-resistive/high-conductive polygons high on our priority list and we expect the drilling to be completed in mid-February.
We look forward to sharing the outcomes of this work with our shareholders once the assay results are returned. If positive, we will be able to get another drill program underway in April.”
Previously, Kula reported anomalous geochemical results up to 125 parts per billion (ppb) platinum-palladium (Pt-Pd) combined, and up to 35ppb gold (Au) in geochemical auger sampling, as well as 1.85g/t Au in a quartz vein rock sample from a lateritic breakaway at Westonia.
This is in addition to anomalous copper (Cu) reported in October 2022, which included a 498.3ppm Cu co-incident with magnetic structures and gossanous outcrop.
Kula Gold is an ASX-listed mineral exploration company aiming to discover new mineral deposits within Western Australia.
The company currently operates a portfolio of assets prospective for lithium, gold, copper, nickel, platinum group elements (PGEs), halloysite, and kaolin
These projects include the Brunswick, Southern Cross, Boomerang, Westonia, and Kurnalpi-Lake Rebecca projects.
Images: Kula Gold Ltd
