Koonenberry Gold has announced it has identified the ‘potential for multiple prospects’, similar to its flagship Lucky Sevens target.
Geologists reviewed the available geological and geophysical data in the Lucky Sevens area and believe there is potential for several possible repetitions of Lucky Sevens, including targets buried under cover which have never been investigated.
“We are encouraged by this review, as the data highlights the mineralisation parallels between the Koonenberry project and the Victorian Goldfields,” said Koonenberry Gold CEO Karen O’Neill.
Following the announcement shares of Koonenberry Gold traded flat at 14c/share.
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