Koonenberry Extends Enmore Gold System with Deeper Visible Gold Intersections
Koonenberry Gold Limited (ASX: KNB) has reported further visible gold intersections from its Phase Two diamond drilling program at the Enmore Gold Project in New South Wales, reinforcing the scale and continuity of the Sunnyside gold system. Visible gold was intersected in the fourth and fifth drill holes, extending mineralisation approximately one hundred and eighty metres below previous drilling and confirming the system remains open at depth. Drilling to date continues to validate a robust granite-hosted gold system characterised by strong alteration, veining and sulphide development. Five diamond holes have now been completed from a planned ten thousand metre program, with additional assays pending early next year. The company has also completed a separate reverse circulation drilling program targeting a two kilometre shear zone east of Sunnyside. With Australian dollars seven point eight million in cash, Koonenberry is well funded to maintain exploration momentum and deliver ongoing news flow.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services. By continuing to use this site, we assume you consent to this. Read our Privacy Policy and Terms & Conditions
Koonenberry Extends Enmore Gold System with Deeper Visible Gold Intersections
Koonenberry Gold Limited (ASX: KNB) has reported further visible gold intersections from its Phase Two diamond drilling program at the Enmore Gold Project in New South Wales, reinforcing the scale and continuity of the Sunnyside gold system. Visible gold was intersected in the fourth and fifth drill holes, extending mineralisation approximately one hundred and eighty metres below previous drilling and confirming the system remains open at depth. Drilling to date continues to validate a robust granite-hosted gold system characterised by strong alteration, veining and sulphide development. Five diamond holes have now been completed from a planned ten thousand metre program, with additional assays pending early next year. The company has also completed a separate reverse circulation drilling program targeting a two kilometre shear zone east of Sunnyside. With Australian dollars seven point eight million in cash, Koonenberry is well funded to maintain exploration momentum and deliver ongoing news flow.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au