Australia's Koonenberry Gold jumps on gold find in New South Wales

Koonenberry Gold

28/11/2022 04:15

** Shares of Koonenberry Gold  KNB.AX  rise as much as 7.1%
to A$0.075, posting its sharpest gains since Oct. 6
    ** Gold explorer says drilling at Lucky Sevens prospect in
New South Wales intersected quart veins which hosted
silica-sericite-chlorite alteration
    ** Says drilling also found gold at the prospect
    ** Stock is down 56.3% so far this year, as of last close
 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))