Koonenberry Gold Expands Enmore Project with New Exploration License

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

Koonenberry Gold Limited has expanded its Enmore Gold Project in New South Wales by securing an exploration license for an additional 168 square kilometers, increasing its total project area to 302 square kilometers. This expansion aims to capitalize on the region’s promising geology, similar to the nearby Hillgrove gold-antimony mine, and follows significant historical soil sampling results that indicate high potential for gold and antimony discoveries. The company plans to conduct further sampling and mapping to explore these targets, potentially enhancing its position in the gold mining sector.

More about Koonenberry Gold Limited

Koonenberry Gold Limited operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in identifying and acquiring prospective gold and antimony projects, with a market focus on expanding its resource base in underexplored regions.

YTD Price Performance: 146.15%

Average Trading Volume: 3,615,595

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$30.11M

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