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Aurumin Ltd. ( (AU:AUN) ) has issued an announcement.
Kula Gold Limited has announced promising high-grade gold drilling results from its Mt Palmer Gold Project, with significant intersections indicating potential for low-cost open pit extraction. The ongoing Stage 2 drilling has returned notable results, enhancing the project’s prospects and underscoring its potential impact on Kula’s operations and market positioning.
More about Aurumin Ltd.
Kula Gold Limited is a company operating in the gold mining industry, primarily focused on the exploration and development of gold projects. The company is engaged in a joint venture with Aurumin Limited and holds an 80% stake in the Mt Palmer Gold Mine located in the Southern Cross Goldfields, Western Australia.
YTD Price Performance: -15.15%
Average Trading Volume: 374,479
Technical Sentiment Signal: Sell
Learn more about AUN stock on TipRanks’ Stock Analysis page.