KULA GOLD ORD
Forrestania Resources Looking to Acquire Kula Gold in $58.9 Million Scrip Deal
Forrestania Resources (ASX: FRS) has agreed to acquire Kula Gold (ASX: KGD) in a scrip only offer that values the Western Australian minerals explorer at approximately $58.9 million. Under the terms of the takeover, Forrestania is offering one of its fully paid ordinary shares for every 5.6 shares in Kula, of which it currently owns 12.56%. The implied […]
Kula Gold Discovers Visible Gold in First Diamond Drill Hole at Mt Palmer Project
Kula Gold (ASX: KGD) has identified visible gold in the company’s first diamond hole in a new drilling campaign at the Mt Palmer project in Western Australia’s Southern Cross Goldfields. The company successfully completed the hole to 54m and intersected several quartz reefs containing trace sulphides from 30.1m, along with native visible gold at a […]
Kula Gold Launches Maiden Exploration Campaign at Wozi Niobium Project in Malawi
Kula Gold (ASX: KGD) is stepping up its global expansion with the commencement of exploration at the Wozi niobium project in Malawi. Kula added the Malawian asset to its Australian mining portfolio earlier this month when the local government granted it the licence at Wozi. The company is moving quickly to confirm historical niobium and […]
Kula Gold strikes additional high-grade gold at Mt Palmer in expanded drilling push
Kula Gold (ASX: KGD) continues to hit high-grade gold in the current drilling campaign at its 80%-owned Mt Palmer project in Western Australia. The company has intersected numerous north-to-south-trending mineralised structures in its ongoing drilling program at the historical Mt Palmer project. Kula plans to undertake follow-up drilling at these intersections for resource definition, with […]