Koonenberry Strikes 170m Gold Interval at Enmore Project
- StockSurge Team
- 6 days ago
- 2 min read
Koonenberry Gold (ASX: KNB) has delivered a standout result from its first diamond drill hole at the Enmore Gold Project in New South Wales, revealing a significant gold intercept that could reshape the company’s exploration potential.
The drill hole, located at the Sunnyside Prospect, returned an impressive 170 meters at 1.75 grams per tonne (g/t) gold from 77 meters depth. Within this broad mineralized zone, KNB uncovered a high-grade interval of 18.3 meters at 9.95 g/t gold from 172.9 meters, including a peak assay of 0.3 meters at an astonishing 144.5 g/t gold.
“This is a truly exciting result from our first-ever drill hole into the Enmore Project,” said KNB Managing Director Dan Power. “We have certainly demonstrated the potential for this system to carry exceptionally high gold grades while also verifying the broad zones of mineralization intersected in historical drilling.”
Strong Validation of Historical Results
KNB’s latest results reinforce historical drill data, which previously suggested Enmore’s potential for large-scale gold mineralization. The company targeted high-grade vein sets intersecting the main shear zone, aiming to confirm historical drill findings such as those from Reverse Circulation hole OSSRC06, which reported 174 meters at 1.83 g/t gold from surface.
The latest assays indicate that mineralization remains open in multiple directions—up-dip in the preferred granite host rock, along strike, and at depth. This suggests further upside potential for KNB as it expands drilling across the site.
More Assays on the Horizon
Investors are eagerly awaiting results from three additional holes, all of which have previously reported visible gold. The assays for these are expected in April, potentially adding further momentum to KNB’s growing discovery.
Drilling remains ongoing. To date, KNB has completed 1,630 meters of drilling, with an additional 1,400 meters planned. These upcoming results will be crucial in defining the scale and structure of Enmore’s mineralization.
The geological model for Enmore is evolving, with KNB identifying structural, mineralogical, and alteration controls on gold mineralization. Gold in the area appears closely associated with multi-stage veining, sulphides, and breccia zones. The most robust mineralization was found between 73 meters and 201 meters, where vein density and sulphide content peak.
