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Kuniko Limited (ASX:KNI)

ALERT: Price-sensitive ASX Announcement for KNI
Current share price for KNI : $0.022 -0.008 (-26.67%)+
Announcement
Release
18 Jun 2026 8:59AM
Price at Release
$0.030
Full Release
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Summary
Kuniko Limited has announced significant exploration results from its Walls and Stringers prospects, situated less than a kilometre from the Commonwealth-Silica Hill gold-silver project in New South Wales, Australia. The company's recent assays have confirmed the presence of gold and silver mineralisation, supported by historical drilling and recent geophysical surveys. These findings indicate that the prospects are part of a broader mineralised corridor, the Welcome Jack Corridor, hinting at a significant district-scale exploration opportunity. This potential is further supported by interpretations of a larger hydrothermal system involving an intrusive complex. With upcoming drilling and assay results, Kuniko aims to further define the mineralisation extent beyond its current resource footprint.
Key Points
  • Kuniko Limited is exploring the Walls and Stringers prospects within the Commonwealth-Silica Hill Project area.
  • These prospects are located less than 1km from the Commonwealth-Silica Hill gold-silver project.
  • Recent assays confirmed high-grade mineralisation, including gold and silver, at these sites.
  • Walls and Stringers are part of a broader mineralised corridor, termed the Welcome Jack Corridor.
  • Recent geophysical surveys support the presence of an intrusive complex beneath these prospects.
  • There is a district-scale exploration opportunity suggesting a larger hydrothermal system at play.
  • Phase 2 drilling and assay results are expected to further elucidate the mineralisation potential.
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.