Koonenberry Gold Limited has announced promising new assay results from its Enmore Gold Project in northeast New South Wales. Exploration work at Postman’s Gully has delineated a robust gold in soil anomaly that spans more than 950 metres in length and approximately 300 metres in width, with peak soil gold values reaching 364 parts per billion. In addition, multiple high‐grade rock chip samples were returned, with notable gold grades including 14.05, 11.90, 8.77, and 6.63 grams per tonne, with visible gold observed in several rock chip specimens. The mineralisation is linked to quartz–sericite–pyrite alteration, multi-stage brecciation, and veining—all consistent with the geological setting found at the Sunnyside Prospect—while being located along the Borah Fault, a parallel structure to the Sunnyside Shear Zone. The findings, derived from a grid of 181 soil samples and 19 rock chip samples, provide clear technical evidence of a significant gold system that could unlock the broader district potential beyond the already known Sunnyside mineralisation. With extensive follow-up drill targets identified, Koonenberry Gold Limited is on schedule to commence its next drilling campaign in late August, weather permitting. The company also reported a strong cash position of $8.7 million as of June 30, 2025, which supports the ongoing and planned exploration programs across its portfolio of projects in New South Wales. Market sentiment arising from this news is mixed. On the bullish side, the identification of a sizeable gold in soil anomaly coupled with high-grade rock chip results and multiple planned drill targets has generated optimism about the untapped district potential. The company’s robust cash position further reinforces its ability to fund extensive exploration work, which could eventually lead to significant discovery milestones. On the bearish side, the early stage nature of these exploration results means that there remain inherent technical and exploration risks. Uncertainties surrounding the continuity of the mineral system and the potential challenges in translating soil and chip anomalies into a viable resource model may temper expectations among some market participants.