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TDUX
May 12 - 01:55 AM

Gold - Australia's Koonenberry Gold At 1-Month High On Strong Sunnyside Drill Results

By Anjali Singh  —  May 12 - 01:17 AM

• Shares of Koonenberry Gold 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)

Source:
London Stock Exchange Group | Thomson Reuters

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