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Koonenberry gold Limited (ASX:KNB)

ALERT: Price-sensitive ASX Announcement for KNB
Current share price for KNB : $0.021 -0.007 (-25%)+
Announcement
Release
9 Jun 2026 8:30AM
Price at Release
$0.028
Full Release
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Summary
Koonenberry Gold Limited, an Australian minerals explorer, announced impressive results from its first diamond drill program at the Postman's Gully Prospect, part of the Enmore Project in New South Wales. Significant gold intersections were found at the regionally significant Borah Fault, with notable drilling results including 12m at 1.02g/t gold from 227m and 7m at 1.18g/t gold from 81m. The drilling program revealed gold mineralization lying 190m beneath historical workings, suggesting extensive untapped potential. The company plans to continue exploration activities, focusing on high-grade prospects within the Enmore Project and other ventures in the Lachlan Portfolio.
Key Points
  • Koonenberry Gold Limited reported successful drilling results at Postman's Gully.
  • Gold intersections at Borah Fault include 12m at 1.02g/t and 7m at 1.18g/t.
  • Exploration revealed gold mineralization 190m below historical workings.
  • Ongoing activities include exploration in Enmore Project and Lachlan Portfolio.
  • Plans to continue drilling at high-grade prospects.
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.