Geochemical sampling and geophysical interpretation have revealed two exciting new gold prospects at Kula Gold’s Marvel Loch project in Western Australia. These prospects, located north of the Nevoria gold mine and east of the Marvel Loch gold mine, show promising potential for the company. The initial soil sample program highlighted a coincident anomalous gold in magnetic structure in the vicinity of the Stingray gold prospect. Kula Gold plans to further explore these prospects with an extensive soil program to refine drill targets, and if successful, a drilling rig will be mobilized to the site. The recent geophysics also disclosed a significant offset structure in the magnetics, with a gold intercept occurring near the amphibolite interface. With the focus on the Boomerang and Stingray gold prospects, Kula Gold aims to tap into the historically rich Southern Cross goldfield, known for producing over 15 million ounces of gold. Kula Gold’s Managing Director, Ric Dawson, expressed excitement over the exploration activities and the potential of these newfound gold prospects. Further results from geochemical assays will be reported in due course.
New Gold Prospects Discovered Near Marvel Loch, WA Spur Excitement in Kula Gold’s Exploration Efforts, Australia
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