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The latest announcement is out from Koonenberry Gold Limited ( (AU:KNB) ).
Koonenberry Gold Limited has initiated a comprehensive airborne geophysical survey at its Enmore Gold Project in New South Wales, targeting areas rich in gold and antimony. The survey aims to gather magnetic and radiometric data over a 205 square kilometer area to better define shear zones and geological structures that control mineralization. This initiative is expected to enhance the company’s exploration efforts by mapping geology and alterations, particularly near the Chandler Fault, which is crucial for understanding mineralization patterns. The findings could significantly impact Koonenberry’s exploration strategy and potentially increase the project’s discovery potential, benefiting stakeholders by identifying new resource opportunities.
More about Koonenberry Gold Limited
Koonenberry Gold Limited is a company engaged in the exploration and development of gold and antimony resources. Its primary focus is on identifying and advancing district-scale mineral prospects, particularly in the Enmore Gold Project located in New South Wales, Australia.
Average Trading Volume: 4,642,827
Technical Sentiment Signal: Hold
Current Market Cap: A$48.29M
For a thorough assessment of KNB stock, go to TipRanks’ Stock Analysis page.