This is what interpretation of these result look like...not a financial advise or otherwise
The gold drill results in this report from Koonenberry Gold's Enmore Project (Sunnyside Prospect) are very positive by industry standards. Here's a breakdown of what makes them strong: Headline Results
172.9m @ 2.07g/t Au from 171m depth
↳ includes 25m @ 5.23g/t Au from 195m
↳ includes 5m @ 11.09g/t Au from 213m
↳ includes 1m @ 28.7g/t Au from 217m
✅ Why These Results Are Strong
Metric
Interpretation
1
Grade (g/t Au)
Anything over 1 g/t is considered solid. 5+ is high-grade. 28.7 is very high.
2
Width (metres)
172.9m is a very broad zone of mineralisation — this is ideal for bulk tonnage mining.
3
Continuity
Mineralisation remains open at depth and along strike — meaning more may be found.
4
Visible Gold
Presence of visible gold (confirmed by photo evidence) is rare and a bullish sign.
5
Screen Fire Assay (SFA)
Upgraded results by an average of 38–50% — indicating coarse gold which can boost value.
Comparison to Industry Benchmarks
Type of Deposit
Typical Grade (g/t)
Enmore (Sunnyside) Result
1
Open-pit (bulk tonnage)
~0.7 – 1.5 g/t
2.07 g/t over 172.9m
2
High-grade veins
5 – 30 g/t
5.23–28.7 g/t in intervals
The 172.9m @ 2.07g/t and 25m @ 5.23g/t intervals are well above average. Other Positives
Strong host rock (granite): well-suited to hold gold mineralisation.
Second hole was better than the first — showing increasing grade and consistency.
Mineralised corridor is wide (125m) and still open — hints at a larger system.
Upcoming assays (holes 3 & 4) may extend the mineralised zone even more.
Any Red Flags?
Not really, but a few standard exploration caveats:
Still early-stage: No JORC resource yet — further drilling is needed.
Results based on selective zones — we await full assays for total context.
“Visible gold” is great, but not a substitute for full lab analysis (as the report rightly notes).
Metallurgical recovery isn’t discussed yet — which will eventually affect economics.
Bottom Line
These are excellent exploration results — both in terms of grade and width. The project shows real potential for both:
A bulk tonnage deposit (for open-pit mining), and
High-grade zones (which could be mined selectively or underground).
KNB Price at posting:
5.3¢ Sentiment: Hold Disclosure: Held
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