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Koonenberry Gold Limited ( (AU:KNB) ) has shared an update.
Koonenberry Gold reported new diamond drilling results from the Sunnyside Prospect at its Enmore Gold Project in NSW, extending the known gold mineralisation a further 165 metres below previous drilling to 415 metres vertical over roughly 260 metres of strike. The assays reveal broad zones of potentially bulk-tonnage mineralisation with high-grade intervals at depth, and the system remains open in multiple directions, prompting ongoing step-out drilling along the Sunnyside Shear Zone, deeper drilling at the nearby Hand in Hand prospect, and expanded geophysical and soil sampling work along regional structures to generate new targets, supported by a cash position of $6.3 million as at 31 December 2025.
The most recent analyst rating on (AU:KNB) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Koonenberry Gold Limited stock, see the AU:KNB Stock Forecast page.
More about Koonenberry Gold Limited
Koonenberry Gold Limited is an Australian exploration company focused on gold projects, with a key asset being the Enmore Gold Project in New South Wales. The company is pursuing both bulk-tonnage and high-grade gold mineralisation targets and is currently well funded to advance drilling and geophysical programs across its tenements.
Average Trading Volume: 2,305,763
Technical Sentiment Signal: Sell
Current Market Cap: A$32.88M
For a thorough assessment of KNB stock, go to TipRanks’ Stock Analysis page.