Koonenberry Gold hits high-grade results at Enmore Project

Grafa
Koonenberry Gold hits high-grade results at Enmore Project
Koonenberry Gold hits high-grade results at Enmore Project
Isaac Francis
Written by Isaac Francis
Share

Koonenberry Gold (ASX:KNB) announced a high-grade gold visualisations and assay results from its ongoing exploration efforts at the Enmore Project.

The latest data highlights the potential of the New South Wales-based asset, further solidifying the company's footprint within the highly prospective Lachlan Fold Belt.

The report features compelling core samples from drill hole 26ENDD023, specifically at depths of 209.9m and 212.5m.

The samples reveal complex brecciated structures and mineralised veining, characteristic of the high-grade systems the company is targeting.

Complementing the visual findings are rock chip assays, with sample ER0028 returning 14.05g/t Au and ER0031 yielding 8.77g/t Au.

The figures represent a critical milestone for the Enmore Project, suggesting a high-density mineralisation zone that remains open for further testing.

"These results are a testament to the geological potential of our Enmore tenure," the company noted in its disclosure.

The visual confirmation of mineralisation at depth, paired with surface assays exceeding 14 grams per tonne, provides a dual-layered validation of the project's scalability.

Based in Adelaide, Koonenberry Gold continues to focus its strategic resources on the Enmore and Koonenberry Projects, leveraging modern exploration techniques to unlock value in these underexplored regions.

At the time of reporting, Koonenberry Gold's share price was $0.024.

Frequently asked questions

Connect with us

Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relate to your unique circumstances.

Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of or reliance on the information provided directly or indirectly, by use of this platform.