Kula Gold Limited (AU:KGD) has released an update.
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Kula Gold Limited has reported substantial progress at its Mt Palmer Gold Mine, with successful diamond drilling and promising results indicating high-grade gold prospects, including a standout 6m strike at 8.3g/t gold at the El Dorado site. These results, which show potential for significant gold mineralization below historic mining levels, align with Kula’s strategy to capitalize on discoveries by leveraging nearby existing infrastructure. The company is advancing several new prospects and is preparing for a planned RC drilling program to further explore these high-grade zones.
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