North Yilgarn Star Prospect Emerges as High-Priority Target Amid Pending Assays

Kula Gold has validated the North Yilgarn Star Prospect at its Mt Palmer project, spotlighting a historic drill hole with 5m at 6.80g/t gold and strong soil anomalies. The company prioritizes this target for follow-up exploration amid ongoing drilling campaigns.

  • Historic drill hole YSR790 intersected 5m @ 6.80g/t gold
  • North Yilgarn Star Prospect adjacent to 2 million ounce Yilgarn Star Gold Mine
  • Coincident gold, arsenic, and bismuth soil anomalies highlight exploration potential
  • Kula holds 80% in Mt Palmer JV with Newcam Minerals
  • Further drilling and geophysical surveys planned to advance the prospect
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Historic Gold Intercept Reignites Interest

Kula Gold Limited has breathed new life into the North Yilgarn Star Prospect within its Mt Palmer Gold Project, following a detailed review of historic exploration data. Central to this renewed focus is drill hole YSR790, completed in 1998, which returned a compelling intercept of 5 metres grading 6.80 grams per tonne gold starting from just 15 metres depth. This hole, located adjacent to the waste dump of the historic Yilgarn Star Gold Mine, finished in mineralisation with an additional 2 metres at 0.46g/t gold.

Strategic Location and Geological Context

The Yilgarn Star Gold Mine, which produced around 2 million ounces of gold historically, lies less than a kilometre south of the prospect. Despite the promising drill results, no follow-up drilling was conducted at the time, largely due to the low gold price environment in the late 1990s. Kula’s technical team has now identified coincident soil anomalies in gold, arsenic, and bismuth that reinforce the prospect’s potential, suggesting a mineralised system analogous to the nearby mine.

Exploration Plans and Joint Venture Framework

Operating under an 80% interest in the Mt Palmer Joint Venture with Newcam Minerals Pty Ltd, Kula Gold has prioritized the North Yilgarn Star Prospect for immediate exploration. A Programme of Work has been submitted, and the target is considered drill-ready. The company is currently awaiting assay results from recent reverse circulation and diamond core drilling campaigns, which will provide further clarity on the mineralisation extent and grade continuity.

Broader Regional Exploration Momentum

This development complements Kula’s broader exploration efforts at Mt Palmer, where multiple prospects have yielded significant gold intercepts in 2025, including high-grade hits at East Lode, New Reef, and Epis. The company is also evaluating geophysical surveys, including drone magnetic surveys, to refine targeting across the region. The combination of historic data validation and modern exploration techniques positions Kula well to potentially expand its resource base.

Looking Ahead

While the North Yilgarn Star Prospect’s historic intercepts are encouraging, the true test will come with the interpretation of new assay data and subsequent drilling results. Kula’s methodical approach to integrating legacy data with contemporary exploration underscores a disciplined strategy aimed at unlocking value in a historically productive gold district.

Bottom Line?

Kula Gold’s validation of North Yilgarn Star sets the stage for a pivotal exploration phase that could reshape Mt Palmer’s resource profile.

Questions in the middle?

  • What will the upcoming assay results reveal about the continuity and grade of mineralisation at North Yilgarn Star?
  • How might the planned geophysical surveys refine drill targeting and impact exploration timelines?
  • Could the North Yilgarn Star Prospect materially contribute to a future JORC resource upgrade at Mt Palmer?