KGD 10.0% 1.1¢ kula gold limited

ACM has completed a 249 hole shallow auger soil program at...

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    ACM has completed a 249 hole shallow auger soil program at Rankin Dome.

    Rankin Dome:
    • Shallow Auger sampling program completed with 249 holes
    • 900m Reverse Circulation Drilling currently in progress
    • Auger samples submitted to laboratory with results pending

    Rankin Dome Project, Yilgarn
    A 249 hole shallow auger soil program has completed at Rankin Dome (Figure 11). The auger program was
    performed on a 100m x 100m grid over the northwestern portion of the REE anomaly previously reported. The
    program will better define the REE anomaly geometry and provide improved orientation information to guide future
    drilling. Sampling was standardised across the region with the interval 1m to 2m being sampled. This is anticipated
    to provide a more robust geological interpretation when assays are received.
    The area covered by the grid has scant outcrop and thus lacks bedrock depth information. The grid program
    included 1 in 10 holes drilled to refusal to gain further information including bedrock depth.

    Strongly anomalous results from the work performed by Kula Gold (ASX: KGD) was on sample lines of various
    orientations. To reduce interpretation bias resulting from the various sample line orientations ACM increased
    sample density and used the 100m by 100m grid. Auger samples have been submitted and assays are awaited.
    A 900m RC drill program is currently in progress on the NW section of Rankin Dome. Bedrock is close to surface
    at this location. The RC drilling will test areas of REE anomalism in soils

    https://www.aspecthuntley.com.au/docserver/02716239.pdf?fileid=02716239&datedir=20230926&edt=MjAyMy0wOS0yNisxMDozMzowMSs0ODArODQzMzgwK2FuZHJld3dlc3QrcmVkaXJlY3QraHR0cHM6Ly93d3cuYXNwZWN0aHVudGxleS5jb20uYXUvaW1hZ2VzaWduYWwvZXJyb3JwYWdlcy9wZGZ0aW1lb3V0Lmh0bWwraHR0cHM6Ly93d3cuYXNwZWN0aHVudGxleS5jb20uYXUvaW1hZ2VzaWduYWwvZXJyb3JwYWdlcy9wZGZkZWxheWVkLmpzcA==

    https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02716239-6A1170172?access_token=83ff96335c2d45a094df02a206a39ff4
 
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