Koonenberry Gold hits 9-month high on SE Australian project update

Koonenberry Gold

16/01/2024 02:10

** Shares of Australia's Koonenberry Gold  KNB.AX  rise as
much as 45.5% to A$0.08, their highest level since April 18,
2023
    ** Stock posts its biggest intraday pct gain since Aug 4,
2023
    ** The mineral explorer says final approvals have been
received for maiden drilling programme 
    ** Approvals for drilling at Atlantis Au-Cu Prospect, at
Koonenberry project in New South Wales, Southeast Australia
    ** About 354,696 shares change hands, vs 30-day average
volume of 113, 734 shares
    ** Koonenberry stock lost 17.7% in 2023
    

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))