KNB koonenberry gold limited

Chart (long term), page-381

  1. 91 Posts.
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    The market will be looking for confirmation of three key things in the assay results from Hole 5:

    1. Consistency with Hole 4’s Broad Mineralisation


    Hole 4 returned:

    149.5m @ 0.94g/t Au, including 91.5m @ 1.15g/t and 2m @ 13.52g/t.

    Hosted in granite, which is the preferred host rock.


    The market expects Hole 5 to show:

    Similar or stronger widths and grades.

    Continuation of bulk-tonnage style mineralisation, which supports the potential for a large, scalable deposit.

    2. Confirmation of Visible Gold at Depth


    Visible gold was reported at ~262.6m in Hole 5, which could signal:

    A new high-grade zone at depth.

    Potential for increasing grade with depth, which was hinted at in Hole 4.


    Investors will be looking for:

    Assay results to back up the visual gold.

    Grades possibly exceeding 10g/t in narrow intervals, which would boost the overall weighted average.

    3. Strike Continuity


    Hole 5 is a step-out ~65m from Hole 4. If mineralisation continues:

    It strengthens confidence in a >260m strike length and the ~75m true width model.

    Supports a path to resource definition.


    Market wants to see:

    No gaps in mineralisation.

    Clear support for extending the mineralised envelope both laterally and at depth.

    What Happens If Hole 5 Underperforms?


    If the assays show:

    Weak mineralisation, or

    Lack of continuity with Hole 4,


    Then market sentiment could soften, especially since Hole 4 raised expectations. But even modest results could still be tolerated if interpreted as part of a complex but growing system.

    If Results Are Strong:


    Expect a price rally on:

    Validation of broad mineralisation across multiple holes.

    Emergence of repeat high-grade zones (e.g., >10g/t intervals).

    Evidence the system is open and expanding, especially with visible gold involved.

    In short: The market expects Hole 5 to confirm Hole 4’s mineralisation, support continuity, and ideally add new high-grade depth potential. Strong results here would be a de-risking milestone for the Sunnyside system and KNB’s valuation.

 
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(20min delay)
Last
3.4¢
Change
-0.002(5.56%)
Mkt cap ! $34.83M
Open High Low Value Volume
3.9¢ 3.9¢ 3.2¢ $523.6K 15.14M

Buyers (Bids)

No. Vol. Price($)
3 472714 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 1808646 8
View Market Depth
Last trade - 16.10pm 23/06/2025 (20 minute delay) ?
KNB (ASX) Chart
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