Koonenberry Gold Limited (ASX: KNB) has reported impressive results from the first diamond drill hole at its Enmore Gold Project's Sunnyside Prospect in northeast New South Wales. Today, the company's share price reached a peak of 6.2 cents, marking an impressive percentage gain of 24%. This highlights significant potential for high-grade gold mineralisation.
Key Highlights:
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Exceptional intersection of 170 metres at 1.75g/t gold from 77 metres, including:
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18.3 metres at 9.95g/t gold from 172.9 metres
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Peak assay of 0.3 metres at an outstanding 144.5g/t gold
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Assays confirm previous visible gold observations, correlating with intense veining, sulphides, and breccia zones.