UP TO 83.6G/T GOLD INTERCEPTED AT MT PALMER

Kula Gold reveals high-grade drill hits, including ounce-per-tonne assays

Kula Gold Limited (ASX:KGD) has announced further high-grade gold assay results from Stage 2 reverse circulation (RC) drilling at its 80%-owned Mt Palmer Gold Project in Western Australia’s Southern Cross Goldfields region.

The company reported individual 1-metre split results from the latest drilling campaign, with standout intercepts including:

3 metres @ 29.7g/t gold from 37 metres (25MPRC0018), including a 1-metre interval grading 83.6g/t gold from 18 metres (within 25MPRC0035),
3 metres @ 35.9g/t gold from 17 metres (25MPRC0035),
2 metres @ 18.1g/t gold from 23 metres (25MPRC0032),
2 metres @ 7.8g/t gold from 16 metres (25MPRC0031),
18 metres @ 1.9g/t gold from 22 metres including 7 metres @ 9.4g/t gold from 34 metres (25MPRC0017).

These new results build on the previous drilling announced on 23rd June 2025, which included:

18 metres @ 4.4g/t gold from surface including 2 metres @ 31.3g/t gold from 15 metres (25MPRC0012),
7 metres @ 7.7g/t gold from surface including 3 metres @ 17.2g/t gold from 3 metres (25MPRC0007),
4 metres @ 1.4g/t gold from 15 metres and 7 metres @ 3.5g/t gold from 20 metres (25MPRC0001),
7 metres @ 2.6g/t gold from surface including 2 metres @ 5.8g/t gold from 2 metres (25MPRC0005),
2 metres @ 2.9g/t gold from 35 metres (25MPRC0013).

Kula’s Managing Director Ric Dawson commented:

The latest Stage 2 one-metre split assay results from Kula’s Mt Palmer Gold Project further substantiate the project’s potential to deliver meaningful shareholder value through continued identification of high-grade gold mineralisation. Shallow intercepts around one ounce per tonne (+31.1g/t) reinforce the asset’s strong geological fundamentals and support ongoing exploration efforts aimed at delineating its long-term development potential.