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Lithium exploration highlights South West pegmatites for Kula

Kula Gold will fast-track a sampling program at its Brunswick multi-mineral project in the South West region of WA after the discovery of six pegmatite target zones during lithium exploration at the site.

The six zones were discovered close to the town of Donnybrook and only 45km away from the world-class Greenbushes lithium mine.

The company says five of the pegmatites line up with a 16km radiometric anomaly calculated from publicly available data sets.

The pegmatites were identified from a detailed review of Geoscience WA mapping in addition to data available from mica mines in the region.

Kula says field mapping and surface geochemistry will begin soon at the discoveries that form part of the almost 250 square kilometres project approximately 150 kilometres south of Perth.

The Brunswick project’s proximity to the world renowned Greenbushes mine that pumps out about 1.95 million tonnes of lithium spodumene per year and is considered one world’s largest hard-rock lithium deposits shows Kula appears to be in the right area code for a pegmatite discovery.

ASX-listed Galan Lithium has also discovered pegmatites at its Greenbushes South project whilst Venus Metals has also discovered lithium anomalies at its Bridgetown East operation in the South West region.

The company has been on the search for minerals and metals across the Brunswick project that Kula says hosts potential for nickel-copper and platinum group element mineralisation.

A first pass soil sampling program at Brunswick in May returned gold, platinum, palladium and copper anomalies over a magnetic feature Kula has named the Hippy Lady prospect.

The company has previously collected 81 samples over a previously identified magnetic target and results show statistically relevant gold, platinum, palladium and copper anomalism that overlap a circular magnetic feature around 400m in diameter.

One particular sample returned results of 95 parts per million gold along with elevated copper, molybdenum, tungsten, sulphur and zinc, elements Kula says are often associated with gold mineralisation in the Yilgarn Craton greenstones.

The company says the South West project also shows potential to host Archean copper-gold type mineralisation similar to the Boddington mine around 75km north-east.

With the Brunswick project sitting in an area ripe for lithium-bearing pegmatites, in addition to a wealth of positive results for other key minerals, the market meerkats will be keeping a close eye on what Kula can uncover with its upcoming sampling program.

Is your ASX-listed company doing something interesting? Contact: matt.birney@wanews.com.au

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