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Kuniko Limited (ASX:KNI)

ALERT: Price-sensitive ASX Announcement for KNI
Current share price for KNI : $0.021 -0.045 (-68.18%)+
Announcement
Release
14 Oct 2025 9:45AM
Price at Release
$0.066
Full Release
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Summary
Kuniko Limited is focused on exploring the Commonwealth Gold-Silver Project located in the Lachlan Fold Belt, New South Wales, Australia. The project, which includes the Commonwealth Mine and Silica Hill, is characterized by high-grade volcanogenic massive sulphide (VMS) and epithermal gold and silver mineralization. Historical mining occurred in the early 1900s, and modern drilling has revealed high-grade gold, silver, zinc, lead, and copper mineralization. Current exploration plans involve a staged earn-in agreement with Impact Minerals, allowing Kuniko to earn up to a 70% interest. The exploration strategy includes geochemical sampling, geophysics, and drilling programs, with a focus on expanding known mineralization and testing new targets. The project benefits from established infrastructure and is situated in a tier-one jurisdiction known for its rich mineral resources.
Key Points
  • Kuniko Limited focuses on the Commonwealth Gold-Silver Project.
  • Located in Lachlan Fold Belt, New South Wales, Australia.
  • Project includes Commonwealth Mine and Silica Hill.
  • High-grade VMS and epithermal gold-silver mineralization.
  • Modern drilling reveals high-grade Au-Ag-Zn-Pb-Cu mineralization.
  • Kuniko can earn up to 70% interest under a staged earn-in agreement.
  • Exploration strategy includes geochemical sampling and drilling.
  • Project benefits from established infrastructure in a tier-one jurisdiction.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.