Kula Gold Limited (ASX: $KGD) is making significant progress in the exploration of the historic Cammilleri Mine and its surrounding areas. The company has identified substantial gold prospectivity and recorded visible gold panned onsite, indicating promising developments in their exploration efforts.
Kula Gold's Managing Director, Ric Dawson, expressed the company's keen interest in the historically rich Cammilleri Mine and its surrounds. He highlighted the neglected nature of the mine, emphasizing that no drilling has taken place since its closure in 1903. Dawson also conveyed the company's anticipation of rectifying this historical oversight and reaping the rewards of a more thorough approach to exploration.
Kula Gold (ASX: $KGD) has reported substantial gold prospectivity at the historic Cammilleri Mine and its surrounding areas. The company's exploration efforts have revealed visible gold panned onsite, indicating promising mineralization. With the relogging and reassaying of historical RC drill holes, Kula Gold aims to leverage fire assay methodology for a more accurate assessment of the nuggety gold style of mineralization. Managing Director Ric Dawson's commentary reflects the company's enthusiasm for the potential opportunities presented by the neglected Cammilleri Mine. Kula Gold is preparing for drilling at the Cammilleri Mine Area and has submitted a Programme of Work for further exploration. The company's ongoing fieldwork at the Jarvis Prospect and other gold projects in the Southern Cross Region demonstrates its commitment to advancing its exploration initiatives. Kula Gold's focus on large land positions and structural geological settings aligns with its strategy of discovering new mineral deposits in Western Australia. The company's recent discovery of the Boomerang Kaolin Deposit near Southern Cross WA further underscores its track record of significant resource discoveries. As Kula Gold continues to advance its projects, it remains poised for potential future mineral discoveries, potentially in lithium, caesium, or tantalum, near the world-class Greenbushes Lithium Mine.