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The latest announcement is out from Koonenberry Gold Limited ( (AU:KNB) ).
Koonenberry Gold Limited has made significant progress over the past year, highlighted by the acquisition of the Enmore Gold and Lachlan projects, which has positioned the company as a promising gold explorer in the New England Fold Belt. The company has reported substantial drilling intercepts at the Enmore project, indicating potential for a bulk-tonnage mining operation. Koonenberry has also expanded its project footprint and secured additional funding from institutional investors, reinforcing its growth trajectory. The company is undertaking a fully funded follow-up drilling program to explore further extensions of the Sunnyside system, aiming to generate positive outcomes for shareholders.
More about Koonenberry Gold Limited
Koonenberry Gold Limited is a gold exploration company operating in the mining industry, primarily focusing on gold and copper exploration projects. The company is engaged in developing its flagship Enmore Gold Project and holds significant interests in the Lachlan Fold Belt, with a market focus on expanding its exploration footprint and enhancing its resource base.
Average Trading Volume: 4,808,974
Technical Sentiment Signal: Hold
Current Market Cap: A$44.18M
For an in-depth examination of KNB stock, go to TipRanks’ Overview page.