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Koonenberry Gold Advances Exploration with Promising Drilling Results

Story Highlights
  • Koonenberry Gold Limited made significant progress at its Enmore Gold Project with promising drilling results.
  • The company resolved corporate matters and completed a $5 million capital raise to support further exploration.
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Koonenberry Gold Advances Exploration with Promising Drilling Results

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Koonenberry Gold Limited ( (AU:KNB) ) has provided an announcement.

Koonenberry Gold Limited announced significant progress in its exploration activities during the quarter ending June 30, 2025. At the Enmore Gold Project, the company completed a successful drilling campaign at the Sunnyside Prospect, revealing promising gold mineralization. Additionally, drilling at the Lachlan Projects, funded by Newmont, targeted copper-gold systems with encouraging results. The company also resolved corporate matters with Datt Capital and completed a $5 million capital raise to support further exploration. The exit of Datt Capital from the share register and strategic investor purchases have strengthened Koonenberry’s shareholder base, positioning the company for continued growth and exploration success.

More about Koonenberry Gold Limited

Koonenberry Gold Limited is a company operating in the mining industry, focusing on gold exploration and development. Its primary projects include the Enmore Gold Project and the Lachlan Copper-Gold Projects, with a market focus on discovering and developing gold and copper-gold mineralization.

Average Trading Volume: 16,414,084

Technical Sentiment Signal: Buy

Current Market Cap: A$54.33M

For detailed information about KNB stock, go to TipRanks’ Stock Analysis page.

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