KNB extends gold zone to 415m & high-grade zones identified
| Stock | Koonenberry Gold Ltd (KNB.ASX) |
|---|---|
| Release Time | 5 Feb 2026, 8:16 a.m. |
| Price Sensitive | Yes |
KNB extends gold zone to 415m & high-grade zones identified
- Mineralisation extended 165m below previous drilling, now defined from surface to 415m vertical
- Broad zones of potential bulk tonnage gold mineralisation and high-grade gold zones at depth
- Mineralisation remains open in multiple directions with drilling continuing to test for extensions
Koonenberry Gold (ASX:KNB) has received assays from the first 5 Diamond Drill holes in Phase II drilling at the Sunnyside Prospect, with 9 holes now completed for 3,482m. Results have extended the mineralised zone a further 165m below previous drilling, with mineralisation now defined from surface to 415m vertical and along ~260m of strike. Highlights include 44.5m @ 1.01g/t Au from 340m, inc. 0.3m @ 17.6g/t Au from 368.4m and 0.5m @ 26.4g/t Au from 384m, within a broader intercept of 139m @ 0.44g/t Au from 327m (25ENDD015); 36m @ 1.28g/t Au from 178m within 90m @ 0.72g/t Au from 135m (25ENDD013); 79m @ 0.74g/t Au from 263m, inc. 8.5m @ 2.46g/t Au from 308m (25ENDD014); and 26m @ 1.01g/t Au from 326m within 77m @ 0.63g/t Au from 278m (25ENDD011). Mineralisation remains open in multiple directions with drilling continuing to test for extensions. The Company is well funded to continue exploration across its projects with $6.3M cash (at 31/12/2025).
Koonenberry Gold is currently executing its second diamond drill program at the Sunnyside Prospect, targeting extensive intervals of gold mineralisation from surface as well as high-grade gold zones at depth. The Company has also completed a first pass RC drill program along the Sunnyside Shear Zone over an ~2km strike length, confirming the structure is extensively fertile. At the district scale, soil sampling along the prospective Borah Shear Zone has defined multiple targets, with Gradient Array IP (GAIP) currently being conducted to better define first and second order structures and help rank targets.