Kula Gold (ASX:KGD) was granted the Wozi project tenement by the Malawi government's Mining and Minerals Regulatory Authority, according to a Friday filing with the Australian bourse.
The company is set to launch a field program to confirm historic niobium and tantalum trenching results and expand the sampling area, the filing said.
Maiden drilling program is slated to started in the December quarter, with additional tenure being evaluated, according to the filing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.