Koonenberry Gold (ASX: KNB) has received assay results from its first diamond drillhole at the Enmore Gold Project’s Sunnyside Prospect in northeast NSW.
Assay results include 170m @ 1.75g/t Au from 77m, including 18.3m @ 9.95g/t Au from 172.9m, including 0.3m @ 144.5g/t Au from 173.8m.
KNB managing director, Dan Power, commented, “This is a truly exciting result from our first ever drill hole into the Enmore Project. This hole was planned to target high-grade vein sets at a high angle to the main shear zone and we have certainly demonstrated the potential for this system to carry exceptionally high gold grades as well as verifying the broad zones of gold mineralization intersected in historical drilling.”
The high-grade intercept is coincident with the visible gold zones previously reported by the company and is associated with intense multiphase veining, sulphides, and breccia.
Assays validate historical drill results and provide further evidence for the potential of this system to host broad intervals of gold mineralization as well as high-grade gold zones.
In addition, gold mineralization remains open up-dip in the preferred granite host rock, plus along strike and at depth.
Results from holes 2, 3, and 4, which also contained visible gold are expected later this month, and drilling is ongoing with 25ENDD005 underway; 1,630.3m completed with ~1,400m drilling remaining.
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