Koonenberry Gold Limited (ASX: KNB) has transformed into a leading NSW-focused explorer through the acquisition of the Enmore Gold Project in the New England Fold Belt and Lachlan Copper-Gold Projects in the Lachlan Fold Belt. These additions expand the company’s portfolio to 4,192km², covering highly prospective geological terrains. Notable drilling results include 174m @ 1.83g/t Au at Enmore’s Sunnyside Prospect and 224m @ 0.19% Cu and 0.20g/t Au at Lachlan’s Kurrajong Prospect, showcasing significant mineral potential.
With strategic partnerships, including a joint venture with Newmont Exploration, and a successful capital raise supported by key investors, Koonenberry is well-positioned for its next exploration phase. Managing Director Dan Power highlighted the inherent value of these projects and their potential for rapid advancement. The company aims to unlock value for shareholders with a robust portfolio poised for substantial discoveries in frontier and world-class regions.
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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.
