Lowell Resources Fund (AU:LRT) has released an update.
Koonenberry Gold has announced a strategic acquisition of gold and copper-gold projects in New South Wales, enhancing its exploration portfolio with significant land holdings. The acquisition includes the Enmore Gold Project, known for promising historical gold mineralization, and the Lachlan Project, with strategic joint ventures and encouraging early-stage results. Supported by a $4.5M capital raise, Koonenberry is well-positioned to advance these projects and potentially unlock substantial value for its shareholders.
For further insights into AU:LRT stock, check out TipRanks’ Stock Analysis page.