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Koonenberry gold Limited (ASX:KNB)

ALERT: Price-sensitive ASX Announcement for KNB
Current share price for KNB : $0.022 -0.003 (-12%)+
Announcement
Release
18 Jun 2026 9:16AM
Price at Release
$0.025
Full Release
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Summary
Koonenberry Gold Limited has defined large-scale priority drill targets at the Dunedoo project, demonstrating significant potential for gold and copper mineralization. The project is located within the highly productive Macquarie Arc in the Lachlan Fold Belt of New South Wales, an area known for hosting major copper-gold deposits. The exploration at Dunedoo includes soil sampling and geophysical surveys, which have identified extensive anomalous zones indicative of gold and copper mineralization. Koonenberry Gold plans to further advance these targets through detailed drilling programs to evaluate their potential. The company's ongoing exploration activities focus on maximizing shareholder value through the discovery of new mineral resources across its extensive project portfolio.
Key Points
  • Koonenberry Gold Limited focuses on gold and copper exploration.
  • Dunedoo project is located in the Macquarie Arc, Lachlan Fold Belt.
  • Extensive soil sampling and geophysical surveys conducted.
  • Significant anomalous zones for gold and copper identified.
  • Plans for detailed drilling programs to evaluate mineral potential.
  • Aim to enhance shareholder value through new resource discoveries.
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.