• Drilling at Enmore Project extends mineralization at Sunnyside to 415m depth
• Encouraging first drill hole at Postman's Gully with visible gold
• Positive RC drill results at Hand in Hand Prospect along Sunnyside Shear Zone
• District-scale exploration ongoing along key fault structures

Koonenberry Gold Limited reported on its activities during the quarter ended 31 March 2026. The company's focus was on the Enmore Project, where drilling at the Sunnyside Prospect continued to intersect extensive intervals of potential bulk tonnage gold mineralization as well as high-grade gold. Drilling has now extended the mineralization from surface to over 415m vertically, with 260m of strike and up to 75m true width. Significant intersections included 44.5m @ 1.01g/t Au from 340m, 36m @ 1.28g/t Au from 178m, and 79m @ 0.74g/t Au from 263m. The company noted that 10 out of 12 holes in the Phase II drilling at Sunnyside have intersected visible gold. At the Postman's Gully prospect, the initial drill hole 26ENDD023 intersected multiple breccia zones up to 12.5m downhole, with geological similarities to high-grade rock chips up to 14.05g/t Au from historical workings. The company also reported positive results from a 15-hole, first-pass RC drilling program at the Hand in Hand Prospect, with 11 out of 15 holes returning significant intersections over 2g/t x m Au. At the Lachlan Project, a dipole-dipole IP survey was completed at the Dunedoo Gold-Silver-Copper Project, with interpretation pending. Koonenberry Gold noted that it had a cash balance of $4.45 million and no debt as of 31 March 2026.

Koonenberry Gold expects strong news flow in the coming months, with results awaiting from ongoing drilling and geochemical sampling at the Enmore Project, geophysical programs and planned drilling at several of its 100% owned Lachlan Projects, and planned drilling at its Newmont managed Junee JV.