Quarterly Activities/Appendix 5B Cash Flow Report

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Stock Koonenberry Gold Ltd (KNB.ASX)
Release Time 17 Oct 2025, 8:21 a.m.
Price Sensitive Yes
 Koonenberry Gold Reports Quarterly Activities and Cash Flow
Key Points
  • Further results at Enmore; progress across the portfolio
  • Defined 4.2km gold + base metal trend at Wilga Flats Project
  • Identified gold and copper targets at Prince of Wales Project
Full Summary

Koonenberry Gold Limited reported on its activities during the quarter ended 30 September 2025. At the Enmore Gold Project, the company extended the mineralized zone at the Sunnyside Prospect to over 260m strike, 75m width and 300m depth, with the system remaining open along strike and at depth. Induced Polarization (IP) geophysics successfully mapped the Sunnyside Shear Zone and identified several priority targets, including at the Hand in Hand Prospect where high-grade rock chips up to 17.55g/t Au were reported. At the Postman's Gully Prospect, a 950m long soil anomaly with rock chips up to 14.05g/t Au was defined on a parallel structure to Sunnyside. At the Lachlan Projects, the company reported on exploration at the Wilga Flats and Prince of Wales Projects. At Wilga Flats, a 4.2km long gold + base metal pathfinder element soil trend was identified, with the geology and mineralization bearing similarities to the +13Moz Cowal gold deposit. At Prince of Wales, soil sampling defined a 2.5km long gold-copper trend at Back Station Creek and an 800m long gold trend at Sybil, with historical production of 26,000oz at 8.7g/t gold. The company is fully funded with a $7.8 million cash balance and plans to advance multiple projects to drill-ready status.

Outlook

The company plans to advance multiple targets across its portfolio, including conducting +10,000m of follow-up drilling at the Enmore Gold Project to test the continuity of mineralization at Sunnyside and along the Sunnyside Shear Zone. The company is also prioritizing targets at its Lachlan Projects to advance them to drill-ready status, and plans a high-impact drilling program at the Koonenberry Project to test the Central Gold Zone and Royal Oak fault.