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The latest update is out from Kula Gold Limited ( (AU:KGD) ).
Kula Gold Limited has reported significant progress in advancing shallow gold prospects at its Mt Palmer site, positioning the company closer to resource drilling. The successful application for the Western Australian Government’s Exploration Incentive Scheme, providing 50% funding for drilling costs, underscores the potential for new target generation and exploration, enhancing Kula’s strategic presence in the gold market.
More about Kula Gold Limited
Kula Gold Limited operates within the mining industry, primarily focusing on gold exploration and development. The company is engaged in advancing gold prospects and is strategically positioned near existing gold plants and infrastructure, which is vital given the current high gold prices.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €2.9M
For detailed information about KGD stock, go to TipRanks’ Stock Analysis page.
