KNB.ASX: High-grade gold target defined on third structure at Enmore

High-grade gold target defined on third structure at Enmore

Stock	Koonenberry Gold Ltd (KNB.ASX)
Release Time	25 May 2026, 8:16 a.m.
Price Sensitive	Yes

This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA. The summaries are generated by large language models so please interpret with care.

Koonenberry Gold Announces High-Grade Gold Target at Enmore

Key Points

High-grade gold results from Queen of Sheba and Doyle's Prospects
Rock chip samples up to 87g/t Au at Queen of Sheba
Antimony-gold mineralization potential at Doyle's Prospect

Full Summary

Koonenberry Gold Ltd. (ASX: KNB) has identified a high-grade gold target at the Enmore Project in New South Wales, Australia. Rock chip samples from the Queen of Sheba Prospect returned up to 87g/t Au, with 19 samples exceeding 5g/t Au. The Doyle's Prospect also showed promising results with up to 0.39% Sb, the highest antimony result to date at the project. The findings highlight the district-scale potential of the Enmore Project, with more than 30km of prospective faults identified. The company is fast-tracking planning and approval for drill testing at Queen of Sheba and is conducting exploration activities across its portfolio of assets.

Outlook

Koonenberry Gold is optimistic about the potential of the Enmore Project and plans to continue exploration and drilling activities to further define and test the identified targets.