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Kuniko Set to Start Diamond Drilling at Commonwealth Gold–Silver JV

Story Highlights
  • Kuniko has completed key geophysical and geochemical work at the Commonwealth Gold–Silver Project in NSW.
  • A 1,200-metre diamond drilling program will soon test high-grade resource extensions and new copper-gold targets, with Impact retaining a 30% interest.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kuniko Set to Start Diamond Drilling at Commonwealth Gold–Silver JV

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The latest announcement is out from Kuniko Ltd. ( (AU:KNI) ).

Impact Minerals has reported that joint venture partner Kuniko Limited has completed an airborne Mobile MT survey as well as soil and rock chip geochemistry at the Commonwealth Gold–Silver Project in New South Wales, paving the way for a Phase-1 diamond drilling campaign of about 1,200 metres scheduled to begin in late January to early February 2026. The program will target high-priority extensions of existing high-grade gold and silver resources, plus newly defined geophysical and geochemical anomalies, including IP targets that may indicate a porphyry copper system, potentially enhancing the project’s scale and strategic importance while preserving Impact’s 30% free-carried interest in any future discovery.

The most recent analyst rating on (AU:KNI) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Kuniko Ltd. stock, see the AU:KNI Stock Forecast page.

More about Kuniko Ltd.

Impact Minerals Limited is an Australian exploration company focused on gold and silver projects, with its Commonwealth Gold–Silver Project located in the Lachlan copper-gold belt of New South Wales. Under an earn-in and joint venture agreement, Kuniko Limited can acquire up to a 70% interest in the project, while Impact retains a 30% free-carried stake up to a decision to mine, positioning both companies in a key mineral province with analogues to world-class deposits such as Eskay Creek and the nearby Boda-Kaiser discovery.

Average Trading Volume: 287,234

Technical Sentiment Signal: Sell

Current Market Cap: A$8.79M

Learn more about KNI stock on TipRanks’ Stock Analysis page.

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