Kuniko Launches Phase 2 Drilling to Expand Commonwealth–Silica Hill Discovery
Kuniko Limited (ASX: KNI) has commenced Phase 2 diamond drilling at its Commonwealth–Silica Hill Gold-Silver Project in New South Wales, aiming to expand recently identified high-grade mineralisation and unlock additional exploration potential. The campaign follows a successful first drilling phase that intersected mineralisation in every hole, including an exceptional 84-metre interval grading 2.6 g/t AuEq with a standout section of 0.5 metres at 347 g/t AuEq. The new programme will target extensions around Silica Hill, Commonwealth Main Shaft and Commonwealth South while also testing a broader mineralised corridor extending more than four kilometres. Kuniko believes this trend, together with nearby prospects such as Welcome Jack, Walls and Stringers, could represent a much larger interconnected gold-silver system. Initial Phase 2 assay results are expected in September 2026, with an updated Mineral Resource Estimate planned for the second half of 2026 as the company continues advancing resource growth and regional exploration opportunities.
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
Kuniko Launches Phase 2 Drilling to Expand Commonwealth–Silica Hill Discovery
Kuniko Limited (ASX: KNI) has commenced Phase 2 diamond drilling at its Commonwealth–Silica Hill Gold-Silver Project in New South Wales, aiming to expand recently identified high-grade mineralisation and unlock additional exploration potential. The campaign follows a successful first drilling phase that intersected mineralisation in every hole, including an exceptional 84-metre interval grading 2.6 g/t AuEq with a standout section of 0.5 metres at 347 g/t AuEq. The new programme will target extensions around Silica Hill, Commonwealth Main Shaft and Commonwealth South while also testing a broader mineralised corridor extending more than four kilometres. Kuniko believes this trend, together with nearby prospects such as Welcome Jack, Walls and Stringers, could represent a much larger interconnected gold-silver system. Initial Phase 2 assay results are expected in September 2026, with an updated Mineral Resource Estimate planned for the second half of 2026 as the company continues advancing resource growth and regional exploration opportunities.
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