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Kuniko Limited (ASX: KNI) | Commonwealth Silica Hill Project Phase 2 Drilling Commences
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MarketOpen Trading Titan | Kuniko Limited (ASX: KNI) | Commonwealth Silica Hill Project Phase 2 Drilling Commences | Announcement Date: 13 July 2026
Kuniko Limited has commenced Phase 2 diamond drilling at its Commonwealth Silica Hill Gold Silver Project in the Lachlan Fold Belt, New South Wales. This episode breaks down what Phase 2 is targeting, what Phase 1 delivered, and why the program matters for investors tracking the company's exploration progress.
Phase 2 drilling has opened with six diamond drill holes and approximately 1,350 metres of planned drilling, targeting the Silica Hill discovery, Commonwealth Main Shaft, and Commonwealth South. The program can expand to 14 holes and approximately 3,340 metres subject to results.
Phase 1 hit mineralisation in all six holes. The Silica Hill discovery returned 84 metres at 2.6 grams per tonne gol ...
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