An update from Koonenberry Gold Limited ( (AU:KNB) ) is now available.
Koonenberry Gold Limited announced the successful intersection of visible gold in its sixth diamond drill hole at the Enmore Gold Project in northeast New South Wales. This marks a consistent discovery of gold across all six drill holes in their inaugural drilling program. The results indicate significant gold mineralization, with the potential for high-grade gold deposits, enhancing the company’s exploration prospects. The ongoing drilling program aims to further delineate the extent of the mineralization, with additional results expected in the coming months. The company’s strategic focus on the Enmore Project could strengthen its position in the gold mining sector and provide potential benefits to stakeholders.
More about Koonenberry Gold Limited
Koonenberry Gold Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is engaged in identifying and extracting gold deposits, with a particular emphasis on projects in New South Wales, Australia.
YTD Price Performance: 610.0%
Average Trading Volume: 10,861,866
Technical Sentiment Signal: Sell
Current Market Cap: A$66.81M
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