Kula Gold Limited (AU:KGD) has released an update.
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Kula Gold Limited has initiated a reverse circulation drilling program at the historic Mt Palmer Gold Mine, aiming to discover high-grade gold mineralization along a 10km greenstone belt. The mine, last worked in 1944, previously yielded gold at a substantial grade of 15.9 grams/tonne. Kula’s strategic approach leverages proximity to existing gold processing plants to accelerate potential successes from this exploration.
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