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Koonenberry Gold Limited ( (AU:KNB) ) has issued an announcement.
Koonenberry Gold Limited has commenced a diamond drilling program at the Enmore Gold Project in northeastern New South Wales, targeting the Sunnyside Prospect. The initiative aims to expand the gold mineralization footprint by drilling 5-7 holes spanning approximately 2,000 meters. This drilling is set to explore significant gold mineralization previously intersected, with the potential for bulk tonnage and high-grade gold similar to the nearby Hillgrove Gold-Antimony Mine. The company plans to conduct additional exploration activities alongside drilling to advance other district targets to drill-ready status, marking the first follow-up on these results since initial discoveries.
More about Koonenberry Gold Limited
Koonenberry Gold Limited is a company in the mining industry, focusing on the exploration and development of gold and copper-gold projects in New South Wales, Australia. The company is known for its strategic acquisition of promising mineral projects and its commitment to advancing these assets to enhance its market position.
YTD Price Performance: 107.69%
Average Trading Volume: 2,344,199
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$23.61M
Find detailed analytics on KNB stock on TipRanks’ Stock Analysis page.
