Visible gold in two holes at Enmore and strike depth to 425m
| Stock | Koonenberry Gold Ltd (KNB.ASX) |
|---|---|
| Release Time | 18 Nov 2025, 9:26 a.m. |
| Price Sensitive | Yes |
Visible gold in two holes at Enmore and strike depth to 425m
- Visible gold intersected in first two drill holes of Phase II program at Enmore
- Alteration zone extended ~210m vertically underneath previous hole
- System remains open at depth and appears to be widening
Koonenberry Gold (ASX:KNB) has intersected visible gold in the first two drill holes of its 10,000m Phase II diamond drilling program at the Enmore Gold Project in northeast NSW. Highlights include visible gold intersected in both 25ENDD011 and 012 down dip of a previous intersection of 102m @ 1.10g/t Au from 184-286m, including 44m @ 1.77g/t Au from 235-279m and 9.7m @ 3.57g/t Au. The alteration zone has been extended ~210m vertically underneath the previous hole, and the system remains open at depth and appears to be widening. A second drill rig continues to test the 2km shear zone to the east towards the Hand in Hand Prospect. Assays from holes 25ENDD011 and 012 are expected in December and January respectively. Koonenberry Gold is well funded to continue exploration with $7.8M cash as of 30 September 2025, plus potential additional funds from the exercise of ~94 million options.
The Company looks forward to providing regular exploration updates as this work progresses.