Koonenberry Gold Optimistic After Atlantis Drilling

Koonenberry Gold Limited (AU:KNB) has released an update.

Koonenberry Gold Limited’s recent drilling at the Atlantis Cu-Au Prospect encountered early termination due to weather, completing only 6 of the planned 16 holes. Despite this setback, no significant copper or gold deposits were found, although traces of minerals and signs of the right fluids suggest potential for future discoveries along the 6.5km soil anomaly. The company remains optimistic, planning further geophysical work to identify promising drill targets and awaiting approvals for additional drilling sites.

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