- Western Australian mineral exploration company, Kula Gold (KGD) identifies new pegmatite targets at its Brunswick project
- Following field mapping and sampling of numerous pegmatite occurrences across its tenements, KGD has almost doubled its pegmatite targets from six to 11
- Collected samples have been submitted to the laboratory for assay and results will be reported in due course
- Exploration work is continuing in the hopes of identifying more targets, Kula says it is well positioned to continue the program following a capital raising last month
- KGD shares are trading grey at 3.9 cents at 2:35 pm AEDT
Western Australian mineral exploration company, Kula Gold (KGD) has identified new pegmatite targets at its Brunswick project.
The project is in WA’s South West region, around 45 kilometres north of the Greenbushes lithium mine.
Following field mapping and sampling of numerous pegmatite occurrences across its tenements, KGD has almost doubled its pegmatite targets from six to 11.
Collected samples have been submitted to the laboratory for assay and results will be reported in due course.
The company previously reported that five of the original six targets correlate to a 16-kilometre-long north-south striking radiometric anomaly identified in radiometric datasets.
Exploration work is continuing in the hopes of identifying more targets, Kula said it is well positioned to continue the program following a capital raising last month.
Meanwhile, discussions around new opportunities in the lithium sector are reportedly continuing as Kula looks to bolster the Brunswick project.
KGD shares were trading grey at 3.9 cents at 2:35 pm AEDT.