KGD- not sure if it's good but should make move today.
Highlights UFF soil sampling defines a gold anomaly for drill ready target Drilling approvals in place Geochemistry results indicate a mafic/ultramafic unit in the prospect and adjacent to the west limb of the Boomerang Prospect The gold anomaly sits in a magnetic low which is highly encouraging Located on a 310-330 degree orientation azimuth within a magnetic low - the optimal configuration as most of the gold deposits in the area are on the same azimuth. Cross-cutting NE (050) structure in the vicinity of the geochemistry results which hosts a past drill result of 1m @ 2.6g/t gold at 54m The target is 5km from the Marvel Loch gold plant, which aligns with Kula's strategy of exploring near to existing operations for any discovery to fast track to monetary success Close to existing Marvel Loch gold processing infrastructure and the historic multimillion ounce Marvel Loch area gold mines Kula Gold Limited (“Kula Gold” or “the Company”) (ASX: KGD) reports the geochemical sampling has defined a gold anomaly at the Boomerang Gold Prospect at the Marvel Loch Project (KGD 100%), near Southern Cross WA.
