Koonenberry Gold Limited ( (AU:KNB) ) just unveiled an update.
Koonenberry Gold Limited has reported the intersection of visible gold in its second drill hole at the Enmore Gold Project in New South Wales. This discovery extends the previously identified gold zone by 100 meters down-dip, indicating significant potential for high-grade gold. The ongoing drilling program aims to further explore and define the mineralization, with initial results expected in early April. This development is strategically important for Koonenberry Gold as it enhances the company’s resource base and strengthens its position in the gold mining sector.
More about Koonenberry Gold Limited
Koonenberry Gold Limited is a company operating in the mining industry, focusing on gold exploration and development projects. The company is engaged in drilling programs to identify and expand gold resources, with a market focus on enhancing its gold project portfolio.
YTD Price Performance: 220.0%
Average Trading Volume: 3,666,661
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$30.11M
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