RESULTS of a recent geological review of the Kulumadau deposit on Woodlark Island confirm the mineralising system is larger and only partially drilled, Kula Gold said.
These results were part of a program to review all new project data acquired since completion of the 2012 feasibility study.
Kula recognised several new targets for drilling and that there is potential for Kulumadau to deliver additional resources for Woodlark Island gold project.
Several unrecognised zones of mineralisation that had not been previously delineated due to overlying coronus cover were exposed by feasibility study earthmoving operations, the company said.
Kula said the discovery of the Kulumadau east zone during sterilisation drilling attests to the potential for further mineralised zones within the overall system.
Recent mapping has also recognised several undrilled and partially drilled, shallow, mineralised structures which appear to cross-cut the centre of the system.
Kula said these structures had the potential to host sufficient gold mineralisation at grades sufficient to amalgamate the two pits which capture the current ore reserves at Kulumadau.
Based on the review, Kula aims to combine the two proposed pits into a larger single pit, which could result in a significant reduction in overall strip ratios, and incorporate the measured and indicated resources currently outside the Kulumadau west pit.
Since completion of the feasibility study, Kula has completed a helimag survey, geological mapping of mineralised exposures, a structural review, and re-logging of several diamond holes and completion of a large number of thin sections and whole rock geochemistry to discern lithological variations.