Kuniko confirms high-grade gold-silver at Geenobby prospect

Kuniko (ASX:KNI) has reported new high-grade rock-chip and soil geochemistry results from the Geenobby prospect within its Commonwealth Gold–Silver Project, confirming a structurally controlled gold-silver system ahead of Phase-1 diamond drilling.

A standout rock-chip sample returned 6 g/t Au, 29 g/t Ag, 88 g/t Bi, 22 g/t Mo and 27 g/t Te, extending the recognised mineralised trend into a previously untested northern zone.

This result complements a laterally continuous gold-in-soil anomaly associated with Ag, Bi, Te, Pb and Mo, aligned with interpreted north–northeast and northeast-trending structures and a demagnetised magnetic corridor evident in aeromagnetic data.

The geochemical signature, dominated by Bi-Te with subordinate As and Sb, is consistent with an intrusion-related, magmatic-hydrothermal gold system.

Across the broader project, 279 soil samples and five new rock-chip samples at Geenobby, alongside 352 soil and 16 rock-chip samples at the Gladstone West prospect, are being analysed to refine drill targeting.

Phase-1 drilling is scheduled to commence in January 2026, with priority targets identified at Commonwealth Main, Silica Hill and Commonwealth South.

Managing Director Maja McGuire stated, "The results at Geenobby confirm a coherent, structurally controlled system with scale, with the new 6 g/t Au rock-chip extending mineralisation into a previously untested area. Additional soil and MobileMT survey results are expected shortly, providing multiple near-term catalysts ahead of our maiden drilling program."