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Koonenberry Gold Limited ( (AU:KNB) ) just unveiled an announcement.
Koonenberry Gold Limited has announced significant assay results from its sixth diamond drill hole at the Sunnyside Prospect within the Enmore Gold Project, indicating a promising extension of gold mineralization. The results show substantial gold grades, extending mineralization by approximately 40 meters southwest of a previous drill hole, and confirm the continuity of the mineralized zone. The company is well-funded to continue its exploration efforts, with plans for an additional 10,000 meters of drilling to further explore and expand the gold system, which has shown robust potential along a 200-meter strike and a depth of 300 meters.
More about Koonenberry Gold Limited
Koonenberry Gold Limited is a company operating in the mining industry, primarily focused on gold exploration and development. The company is engaged in drilling projects to discover and expand gold mineralization, particularly in the Enmore Gold Project located in northeast New South Wales, Australia.
Average Trading Volume: 17,990,314
Technical Sentiment Signal: Buy
Current Market Cap: A$36.89M
See more data about KNB stock on TipRanks’ Stock Analysis page.