Koonenberry Gold Limited has announced promising assay results from its fifth diamond drill hole at the Enmore Gold Project in New South Wales. The drill hole – designated 25ENDD005 – returned an interval of 150 meters averaging 0.71 grams per tonne gold from 230 meters downhole. Notably, within this interval, a 21‐meter section averaged 1.65 grams per tonne gold, including a further 10.4 meters at 2.36 grams per tonne. The results have extended the known mineralisation by approximately 60 meters compared to the previous hole, reinforcing the continuity of the gold-bearing system and supporting the potential for a bulk-tonnage deposit with good grades. The reported drill results are part of Koonenberry Gold’s ongoing exploration program at the Sunnyside Prospect, which targets a mineralised zone estimated to have a true width of around 75 meters along the main shear structure. Previous drill holes have recorded extensive intervals of gold mineralisation including high-grade zones – for example, earlier holes reported 170 meters at 1.75 grams per tonne and 172.9 meters at 2.07 grams per tonne with notable high-grade subsections. Geological observations, including alterations and the presence of visible gold in quartz-pyrite and quartz-iron carbonate veins, underpin the interpretation of a robust gold system that remains open at depth, up-dip, and along strike. Forward-looking plans include the imminent reporting of assays from an additional five drill holes, with further drill holes scheduled in the coming months. The company is well positioned financially, with a cash balance of over $10 million following a recent capital raise, to advance an ambitious follow-up program of more than 10,000 meters of drilling. These efforts are designed to test the lateral and vertical continuity of the mineralisation and to further delineate the extent of the prospective structural corridor. Market sentiment on the news is mixed. On the bullish side, the encouraging drill results—with extensive mineralised intervals and high-grade gold shoots—support growing confidence in the discovery’s potential for both bulk tonnage and quality, while a robust cash position backs sustained exploration. Conversely, the early stage of the project, inherent exploration risks, and some uncertainty regarding the exact geometry and sampling bias associated with drilling orientations temper expectations, emphasizing that further assay data and more detailed geological modeling are needed before a resource can be firmly defined.