Australia's Koonenberry Gold at 1-month high on strong Sunnyside drill results

Koonenberry Gold

12/05/2026 06:16

** Shares of Koonenberry Gold KNB.AX rise as much as 8.7% to A$0.025, their highest level since April 8

** Gold explorer says results from Sunnyside Shear Zone at its Enmore Gold Project show significantly extended broad intervals of gold mineralisation, returning high grades

** Also shows continuity across five drill sections from surface to an average depth of 370 m

** KNB plans follow-up drilling at project whilst continuing to accelerate regional
exploration at both the Enmore and Lachlan Projects

** About 1.7 million shares change hands, 1.9 times the 30-day avg

** Down 41.5% YTD, including the session's moves

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))