Koonenberry Gold Limited ( (AU:KNB) ) has provided an announcement.
Koonenberry Gold Limited has reported the intersection of visible gold in the fifth drill hole of its diamond drilling program at the Enmore Gold Project. The results indicate the potential for both broad intervals of shallow gold mineralization and high-grade zones at depth, with mineralization extending from the surface to 300 meters vertically. The ongoing drilling program aims to further explore the extent of gold mineralization, with additional results from previous holes expected soon. This development could enhance the company’s positioning in the gold mining sector and provide significant insights for stakeholders regarding the project’s potential.
More about Koonenberry Gold Limited
Koonenberry Gold Limited is a company operating in the mining industry, focusing on gold exploration and development. Their primary projects are centered around identifying and extracting gold deposits, with a significant emphasis on the Enmore Gold Project in northeast New South Wales, Australia.
YTD Price Performance: 550.0%
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Current Market Cap: A$61.16M
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