Koonenberry Gold (ASX:KNB) kickstarted its inaugural drilling program at the Enmore gold project in New South Wales, according to a Tuesday filing with the Australian bourse.
The program will target broad zones of previously intersected gold mineralization. Additional exploration activities will be conducted in conjunction with the drilling campaign.
The mineral explorer's shares jumped 7% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.