HomeFinTechKula Gold: Releases RC results at Boomerang Kaolin prospect

Kula Gold: Releases RC results at Boomerang Kaolin prospect

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Kula Gold Releases RC results at Boomerang Kaolin prospect

  • Kula Gold (KGD) has released reverse circulation (RC) drilling results at its Boomerang Kaolin prospect in Western Australia’s Southern Cross region
  • KGD’s Boomerang site drilling is temporarily on hold due to the rig undergoing maintenance after a mechanical issue
  • Kula has so far drilled 25 RC holes to a total depth of 1316 metres across its wholly-owned Airfield project
  • Results from the RC series have shown an average vertical thickness of 30 metres of white kaolin clays intersected from around 6.5 metres from the surface
  • KulaGold shares have traded grey at 4.8 cents a share
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