Koonenberry Gold Extends Enmore Strike by 40m with 80.5m at 1.45g/t Au

Strong Continuity Confirmed at Sunnyside Prospect

Koonenberry Gold Ltd has released assay results from its sixth diamond drillhole (25ENDD006) at the Sunnyside Prospect within the Enmore Gold Project in northeast New South Wales. The hole returned a significant intersection of 107 metres at 1.14 grams per tonne (g/t) gold from 189 metres depth, including a higher-grade core of 80.5 metres at 1.45 g/t gold. This result extends the known mineralisation by approximately 40 metres to the southwest of a previous hole, confirming continuity along strike and boosting confidence in the deposit’s potential.

Encouraging Grades and Widths in Granite Host Rock

The mineralised zone in hole 25ENDD006 is interpreted to have a true width of around 75 metres, hosted within granite rock away from the granite-sediment contact. Notably, the gold mineralisation remains open both up-dip and at depth, as well as along strike, suggesting further upside potential. The drilling has intersected multiple zones of gold mineralisation, including intervals with grades approaching 2 g/t and localized higher-grade shoots exceeding 3 g/t gold.

Building on a Series of Strong Drill Results

This latest hole adds to a series of impressive intersections from earlier drillholes at Sunnyside, including 170 metres at 1.75 g/t gold from hole 001 and 172.9 metres at 2.07 g/t gold from hole 002. Visible gold has been observed in several holes, underscoring the robustness of the gold system. The company awaits assay results from four additional holes, including hole 007 which also contained visible gold, expected in early Q3 2025.

Fully Funded Follow-Up Drilling Program

Koonenberry Gold is well positioned financially with a cash balance of $10.35 million, enabling a planned follow-up drilling program exceeding 10,000 metres at Enmore. This next phase, scheduled to commence in August 2025, aims to infill and extend mineralisation along the Sunnyside shear zone and explore new targets within the project area. The company’s managing director, Dan Power, highlighted the exceptional nature of the results and the potential for both bulk tonnage and high-grade gold mineralisation.

Strategic Position in a Prospective Gold District

The Enmore Gold Project lies just 20 kilometres south of the 1.7 million ounce Hillgrove gold-antimony mine, sharing similar geological characteristics. The project’s structural setting, alteration patterns, and mineralisation style are analogous to known orogenic gold systems, which bodes well for future resource development. Koonenberry Gold’s broader portfolio includes multiple gold and copper projects across New South Wales, positioning the company as an emerging player in the region’s mineral exploration landscape.