{"id":2039,"date":"2023-11-22T01:09:27","date_gmt":"2023-11-22T01:09:27","guid":{"rendered":"https:\/\/economicherald.net\/?p=2039"},"modified":"2023-11-22T01:09:27","modified_gmt":"2023-11-22T01:09:27","slug":"all-eyes-on-kula-gold-as-maiden-lithium-drilling-begins-next-to-greenbushes","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=2039","title":{"rendered":"All eyes on Kula Gold as maiden lithium drilling begins next to Greenbushes"},"content":{"rendered":"

Recent mapping has increased the mineralised strike length at Cobra by an extra 200m to 3.2km
\nDrilling has commenced at the highly prospective Cobra prospect, part of the Kirup lithium project
\nDue diligence has begun at Kula\u2019s newly-optioned 48km2 tenement
\nKirup is right next door to Greenbushes \u2013 the world\u2019s largest lithium mine<\/p>\n

\u00a0<\/p>\n

Special Report: <\/em><\/strong>A maiden 1,000m drilling campaign \u2014 with room to grow depending on core sample results \u2014 has kicked off at Kula Gold\u2019s Cobra prospect, part of its Kirup lithium project in WA. <\/strong><\/p>\n

Cobra is ~20km west of the world\u2019s largest hard rock lithium mine, Greenbushes, where majors such as Albemarle, Tianqi and IGO (ASX:IGO)<\/strong><\/a>, are pouring billions of dollars into increasing downstream processing output<\/strong><\/a> \u2013 meaning the mine needs to grow.<\/p>\n

They\u2019re snapping up tenements surrounding the mine. Albemarle forked out $30m cash for Lithium Power International\u2019s (ASX:LPI)<\/strong><\/a> nearby tenements earlier this year, and IGO inking a $4m earn-in agreement with Venus Metals (ASX:VMC)<\/strong><\/a> for its ground.<\/p>\n

Hence the reason Kula Gold\u2019s (ASX:KGD)<\/strong><\/a> share price is going hell for leather lately, tipping over the 4c mark from 1c just a month earlier.<\/p>\n

\u00a0<\/p>\n

The Kirup project, surrounding Greenbushes \u2013 the world\u2019s biggest lithium mine. Pic supplied (KGD).<\/p>\n

\u00a0<\/strong><\/p>\n

\u00a0<\/p>\n

So what\u2019s the latest?<\/strong><\/h2>\n

KGD has increased the strike length of the Cobra prospect pegmatite by 200m up to 3.2km following a mapping update. Now, it\u2019s getting the drillbit out to prove up its lithium content, with early signs pointing to Li2O grades of up to 240 parts per million (ppm).<\/p>\n

1,000m of RC drilling is now underway, targeting mineralogy that\u2019s predominantly quartz, feldspar, tourmaline, muscovite and garnet.<\/p>\n

At the nearby Falcon prospect, planning is progressing towards \u201cdrill ready\u201d status, where mapping has interpreted a 2km x 300m mineralised zone.<\/p>\n

The Mustang prospect has been drilled while the Thunderbird target has been sampled. KGD says it will return to drilling both prospects once it has properly delineated Cobra.<\/p>\n

\u00a0<\/p>\n

The Cobra and Falcon prospects at Kirup. Pic supplied: (KGD).<\/p>\n

\u00a0<\/p>\n

KGD MD Ric Dawson says the team is excited to have commenced RC drilling at the Cobra lithium prospect.<\/p>\n

\u201cThe RC rig and booster will initially drill 150m downhole, but with capacity to drill to 250m if required,\u201d Dawson says.<\/p>\n

\u201cThree lines of drilling spaced across the 3km strike length of the mapped pegmatite is the initial test.\u201d<\/p>\n

\u201cRecent mapping has delineated that the mapped pegmatite extends further southwest and rock chips are being submitted for analysis.\u201d<\/p>\n

\u00a0<\/strong><\/p>\n\n

\ufeff<\/span>This article was developed in collaboration with Kula Gold, a Stockhead advertiser at the time of publishing.<\/em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.\ufeff<\/span><\/em>\u00a0<\/p>\n

\u00a0<\/p>\n\n

\u00a0<\/p>\n

This article was developed in collaboration with Kula Gold, a Stockhead advertiser at the time of publishing.<\/em><\/p>\n

\u00a0<\/p>\n

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n

\u00a0<\/p>\n

<\/span><\/p>\n

The post All eyes on Kula Gold as maiden lithium drilling begins next to Greenbushes<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Recent mapping has increased the mineralised strike length at Cobra by an extra 200m to 3.2km Drilling has commenced at the highly prospective Cobra prospect, [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":2040,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nAll eyes on Kula Gold as maiden lithium drilling begins next to Greenbushes - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=2039\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"All eyes on Kula Gold as maiden lithium drilling begins next to Greenbushes - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"Recent mapping has increased the mineralised strike length at Cobra by an extra 200m to 3.2km Drilling has commenced at the highly prospective Cobra prospect, [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=2039\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-22T01:09:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/KGD-image-2-1-1-F4Hj4Q.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2039#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2039\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"All eyes on Kula Gold as maiden lithium drilling begins next to Greenbushes\",\"datePublished\":\"2023-11-22T01:09:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2039\"},\"wordCount\":520,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2039#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/KGD-image-2-1-1-F4Hj4Q.jpeg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=2039#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2039\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=2039\",\"name\":\"All eyes on Kula Gold as maiden lithium drilling begins next to Greenbushes - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2039#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2039#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/KGD-image-2-1-1-F4Hj4Q.jpeg\",\"datePublished\":\"2023-11-22T01:09:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2039#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=2039\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2039#primaryimage\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/KGD-image-2-1-1-F4Hj4Q.jpeg\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/KGD-image-2-1-1-F4Hj4Q.jpeg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2039#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"All eyes on Kula Gold as maiden lithium drilling begins next to Greenbushes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"name\":\"Economic Herald\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/economicherald.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\",\"name\":\"Economic Herald\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"width\":850,\"height\":760,\"caption\":\"Economic Herald\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"All eyes on Kula Gold as maiden lithium drilling begins next to Greenbushes - Economic Herald","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/economicherald.net\/?p=2039","og_locale":"en_US","og_type":"article","og_title":"All eyes on Kula Gold as maiden lithium drilling begins next to Greenbushes - Economic Herald","og_description":"Recent mapping has increased the mineralised strike length at Cobra by an extra 200m to 3.2km Drilling has commenced at the highly prospective Cobra prospect, [more...]","og_url":"https:\/\/economicherald.net\/?p=2039","og_site_name":"Economic Herald","article_published_time":"2023-11-22T01:09:27+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/KGD-image-2-1-1-F4Hj4Q.jpeg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/economicherald.net\/?p=2039#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=2039"},"author":{"name":"","@id":""},"headline":"All eyes on Kula Gold as maiden lithium drilling begins next to Greenbushes","datePublished":"2023-11-22T01:09:27+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=2039"},"wordCount":520,"commentCount":0,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"image":{"@id":"https:\/\/economicherald.net\/?p=2039#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/KGD-image-2-1-1-F4Hj4Q.jpeg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/economicherald.net\/?p=2039#respond"]}]},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=2039","url":"https:\/\/economicherald.net\/?p=2039","name":"All eyes on Kula Gold as maiden lithium drilling begins next to Greenbushes - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/economicherald.net\/?p=2039#primaryimage"},"image":{"@id":"https:\/\/economicherald.net\/?p=2039#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/KGD-image-2-1-1-F4Hj4Q.jpeg","datePublished":"2023-11-22T01:09:27+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=2039#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=2039"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/?p=2039#primaryimage","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/KGD-image-2-1-1-F4Hj4Q.jpeg","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/KGD-image-2-1-1-F4Hj4Q.jpeg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=2039#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"All eyes on Kula Gold as maiden lithium drilling begins next to Greenbushes"}]},{"@type":"WebSite","@id":"https:\/\/economicherald.net\/#website","url":"https:\/\/economicherald.net\/","name":"Economic Herald","description":"","publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/economicherald.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/economicherald.net\/#organization","name":"Economic Herald","url":"https:\/\/economicherald.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","width":850,"height":760,"caption":"Economic Herald"},"image":{"@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/2039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2039"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/2039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/media\/2040"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}