Kuniko Secures AU$1.30 Million to Accelerate Commonwealth-Silica Hill Gold-Silver Growth
Kuniko Limited (ASX: KNI) has secured firm commitments for a AU$1.30 million placement to support exploration activities at its Commonwealth-Silica Hill Gold-Silver Project in New South Wales. The capital raising, backed by existing and new investors, will fund Phase 2 drilling, resource expansion and broader exploration across the project area. Board and management participation of AU$182,500 reflects continued confidence in the company’s growth strategy.
The company has already commenced an initial 1,350-metre Phase 2 drilling campaign targeting extensions at the newly identified Silica Hill Zone, Commonwealth Main Shaft and Commonwealth South. Phase 1 drilling intersected mineralisation in every hole, including standout high-grade gold and silver results, highlighting strong resource growth potential. Kuniko also identified additional district-scale exploration opportunities across an approximately 5km² mineralised corridor. Assay results from the current drilling program are expected in September 2026, while an updated Mineral Resource Estimate is targeted for December 2026.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Kuniko Secures AU$1.30 Million to Accelerate Commonwealth-Silica Hill Gold-Silver Growth
Kuniko Limited (ASX: KNI) has secured firm commitments for a AU$1.30 million placement to support exploration activities at its Commonwealth-Silica Hill Gold-Silver Project in New South Wales. The capital raising, backed by existing and new investors, will fund Phase 2 drilling, resource expansion and broader exploration across the project area. Board and management participation of AU$182,500 reflects continued confidence in the company’s growth strategy.
The company has already commenced an initial 1,350-metre Phase 2 drilling campaign targeting extensions at the newly identified Silica Hill Zone, Commonwealth Main Shaft and Commonwealth South. Phase 1 drilling intersected mineralisation in every hole, including standout high-grade gold and silver results, highlighting strong resource growth potential. Kuniko also identified additional district-scale exploration opportunities across an approximately 5km² mineralised corridor. Assay results from the current drilling program are expected in September 2026, while an updated Mineral Resource Estimate is targeted for December 2026.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au