Kuniko (ASX:KNI) said recent rock chip results from its Commonwealth gold-silver project in Australia have extended mineralization at the Geenobby prospect, according to a Tuesday Australian bourse filing.
The results were of up to six grams per tonne grade of gold, 29 g/t silver, 88 g/t bismuth, 22 g/t molybdenum, and 27 g/t tellurium.
The results have identified a northern extension to the mineralised trend, opening a new area for follow-up.
The company has completed soil sampling at Gladstone West, with assays pending.
The company added that drilling approvals are in place and preparations well advanced, with priority targets identified for phase one drilling across Commonwealth Main, Silica Hill, and Commonwealth South in January 2026.