KNB.ASX: Postman Gully results confirm prospectivity of Borah Fault

Postman Gully results confirm prospectivity of Borah Fault

Stock	Koonenberry Gold Ltd (KNB.ASX)
Release Time	9 Jun 2026, 8:30 a.m.
Price Sensitive	Yes

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Koonenberry Gold Reports Encouraging Results from Postman's Gully

Key Points

Impressive gold intersections from the Borah Fault at Enmore
Best mineralisation intersected ~190m vertical beneath historic workings
Activities progressing on multiple fronts including drill planning for high-grade targets

Full Summary

Koonenberry Gold Ltd (ASX:KNB) reports very encouraging results from its first diamond drill program at the Postman's Gully Prospect, Enmore Project, NSW. The drill program intersected gold mineralisation up to 190m beneath historical workings, with the best results of 12m @ 1.02 g/t Au from 227m, including 4m @ 2.54g/t Au from 227m. The intersections are approximately 200m apart, indicating considerable scale potential. The Company is encouraged by these results and plans follow-up drilling at Postman's Gully and additional targets along the Borah Fault Zone, including the high-grade Borah Gold Mine. Surface geochemistry results are pending from ongoing regional exploration programs.

Outlook

The Company plans to continue exploration at Postman's Gully and additional targets along the Borah Fault Zone, with potential for further discoveries.