KNB koonenberry gold limited

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3.6¢

Ann: Enmore 2nd hole returns 172.9m @ 2.07g/t Au inc 25m @5.23g/t, page-16

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geemoney

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14/04/25

10:39

Post #: 78677722
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Originally posted by deanoman3000: ↑

Yes — the gold mineralisation at Sunnyside is still open in all directions, according to Koonenberry Gold’s latest announcement.Here’s a breakdown of what they’ve confirmed:

1. Open at Depth:• The second hole (25ENDD002) extended mineralisation to 275m vertically from surface — and it continues beyond the bottom of the hole, which ended at 380m.• The highest-grade intervals (e.g. 28.7g/t Au) were observed deep within the intercept, suggesting grade may increase with depth.

2. Open Along Strike:• The mineralisation is hosted in a ~125m wide structural corridor, and remains open along the 550m strike length.• Drill holes 003 and 004 — both step-outs from the first two holes — showed visible gold, further supporting continuity.

3. Open Across Strike (Width):• Gold mineralisation has been confirmed up to 65m across from the granite-metasediment contact — and that corridor could widen as drilling progresses.• The system has both shear-parallel veins and cross-cutting structures, making it highly prospective in multiple orientations.

Quote from the MD, Dan Power:“We have extended the depth of mineralisation from 240m to 275m vertically… which remains open at depth and along strike.”So yes — still open in all directions, with assays pending for holes 003 and 004. The next few months will be crucial in defining the size of this potentially large gold system.Want a visual showing where it’s open? I can mock one up.

Additional assay results from hole 25ENDD002 at the Sunnyside Prospect are also still pending. While Koonenberry Gold has released initial results for this hole—highlighting a significant intercept of 172.9 meters at 2.07 g/t gold from 171 meters—further analyses are underway.

These include screen fire assays (SFA), which are particularly important due to the presence of coarse, visible gold observed in the core. Such assays can provide a more accurate estimation of gold content, especially in samples where coarse gold may not be evenly distributed.

The company has indicated that these additional results, along with those from holes 25ENDD003 and 25ENDD004, are expected to be reported throughout April. These forthcoming results will be crucial in confirming the extent and grade of mineralization, as well as in planning subsequent drilling activities.

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So much upside here, I'm guessing Datt and friends were in the know. Employee incentive plan was a real tell also.
I'm guessing a few positive surprises along the way with the first being the screen fire assays (SFA) from this hole. Hole 003 also looks to rip straight through the high grade zone.

With Gold price at ATH's it's a comfortable hold for me.

KNB Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
15 Upvote

0 Great analysis

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Ann: Enmore 2nd hole returns 172.9m @ 2.07g/t Au inc 25m @5.23g/t, page-16

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