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An announcement from Koonenberry Gold Limited ( (AU:KNB) ) is now available.
Koonenberry Gold Limited has announced promising results from its initial fieldwork at the Wilga Flats Project in New South Wales, revealing a 4.2km gold and base metal pathfinder element trend. This discovery, located near Evolution Mining’s Cowal Gold Mine, suggests potential for significant mineralization. The company plans to advance these targets to drill-ready status and is well-funded with $8.7 million in cash to support ongoing exploration efforts across its project portfolio.
More about Koonenberry Gold Limited
Koonenberry Gold Limited is a company operating in the mining industry, focusing on the exploration and development of gold and copper projects. The company holds a portfolio of projects in New South Wales, Australia, and is committed to advancing its exploration activities to uncover valuable mineral resources.
Average Trading Volume: 7,686,946
Technical Sentiment Signal: Buy
Current Market Cap: A$51.37M
For a thorough assessment of KNB stock, go to TipRanks’ Stock Analysis page.