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The latest update is out from Koonenberry Gold Limited ( (AU:KNB) ).
Koonenberry Gold accelerated exploration at its Enmore Gold Project during the December quarter, launching a 10,000m phase II diamond drilling program at the Sunnyside prospect and completing a 1,864m RC program at the nearby Hand in Hand prospect. Geological observations, including multiple zones of visible gold, suggest mineralisation at Sunnyside has been extended to roughly 430–400m below surface, while initial assays from Hand in Hand show broad intervals of anomalous gold along a 2km shear zone, indicating a fertile system with potential Sunnyside-style repetitions. Regional work further expanded the project’s upside, with soil and rock sampling delineating more than 4km of gold-arsenic anomalies along the parallel Borah Fault, effectively tripling the length of prospective structure at Enmore, and a 205km² airborne geophysical survey providing new structural and alteration data for future targeting. Beyond Enmore, Koonenberry advanced its Lachlan copper-gold projects through geophysical planning at Wilga and Breakfast Creek ahead of drilling in early 2026, while maintaining a solid balance sheet with $6.3 million in cash and no debt, supporting its capacity to sustain an aggressive exploration program.
The most recent analyst rating on (AU:KNB) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Koonenberry Gold Limited stock, see the AU:KNB Stock Forecast page.
More about Koonenberry Gold Limited
Koonenberry Gold Limited is an Australian mineral exploration company focused on gold and copper, with a portfolio of highly prospective, strategically located projects in New South Wales. Its key assets include the Enmore Gold Project and several Lachlan Fold Belt copper-gold projects situated near major producing mines such as Cowal, Cadia, and Hillgrove, positioning the company within established, infrastructure-rich mining districts.
Average Trading Volume: 2,605,526
Technical Sentiment Signal: Sell
Current Market Cap: A$39.04M
See more data about KNB stock on TipRanks’ Stock Analysis page.