ASX
164 days, 7 hours ago 
KNB
Koonenberry Gold Limited
Notification regarding unquoted securities - KNB
Koonenberry Gold Limited issued 25,750,000 unquoted performance rights to key management personnel and associates.
ASX
169 days, 15 hours ago 
KNB
Koonenberry Gold Limited
Cleansing Notice
Koonenberry Gold Limited (ASX: KNB) issued 450 million shares to investors, 130 million shares for project acquisitions, and 6.5 million shares to advisors, all in compliance with section 708A of the Corporations Act.
ASX
169 days, 15 hours ago 
KNB
Koonenberry Gold Limited
Application for quotation of securities - KNB
Koonenberry Gold Limited (KNB) applied for quotation of 6,500,000 ordinary fully paid shares issued as consideration for corporate advisory services related to completed project acquisitions.
ASX
169 days, 15 hours ago 
KNB
Koonenberry Gold Limited
Application for quotation of securities - KNB
Koonenberry Gold Limited (KNB) has applied for quotation of 450,000,000 ordinary fully paid shares on the ASX, issued at AUD 0.01 per share following a placement to institutional and sophisticated investors, and directors.
ASX
175 days, 7 hours ago 
KNB
Koonenberry Gold Limited
KNB acquires Enmore Gold and Lachlan Projects in NSW
Koonenberry Gold Ltd completed the acquisition of the Enmore Gold Project and Lachlan Copper-Gold Projects in NSW, significantly expanding its exploration portfolio to 4,192 square kilometers and positioning itself for aggressive exploration in 2025.
ASX
175 days, 9 hours ago 
KNB
Koonenberry Gold Limited
Application for quotation of securities - KNB
Koonenberry Gold Limited (KNB) applied for quotation of 130,000,000 ordinary fully paid shares on the ASX, issued as consideration for the acquisition of Gilmore Metals Pty. Ltd and the Enmore Gold project.
Capital raise
 
ASX
175 days, 10 hours ago 
KNB
Koonenberry Gold Limited
Results of Meeting
Koonenberry Gold Limited (ASX: KNB) announced that all resolutions put forward at its 2024 Annual General Meeting were passed, including approvals for share placements and performance rights issuance.
Capital raise
 
ASX
175 days, 15 hours ago 
KNB
Koonenberry Gold Limited
Investor Presentation to 2024 AGM
Koonenberry Gold's investor presentation highlights a significantly expanded project pipeline in NSW, boasting a 4,192km² land package and multiple drill-ready targets across orogenic, epithermal, and porphyry systems, with a discovery hole already drilled at the Enmore project.
Delay expected
 
ASX
175 days, 16 hours ago 
KNB
Koonenberry Gold Limited
Chairman Address to 2024 AGM
Koonenberry Gold, an Australian explorer, announced a transformative acquisition of the Enmore Gold and Lachlan Copper-Gold Projects, significantly expanding its land holdings and positioning it for potential major discoveries in New South Wales.
Better than expected
 
ASX
177 days, 13 hours ago 
KNB
Koonenberry Gold Limited
Update - Proposed issue of securities - KNB
Koonenberry Gold Limited has revised the issue date for its 450,000,000 share placement to December 5th, a one-day postponement from the previously announced date.
Delay expected
 
KNB 
Koonenberry Gold Limited 
ASX

Chairman Address to 2024 AGM

Sentiment:
 Annual General Meeting Report
 28 November 2024 5:22 PM

Koonenberry Gold, an Australian explorer, announced a transformative acquisition of the Enmore Gold and Lachlan Copper-Gold Projects, significantly expanding its land holdings and positioning it for potential major discoveries in New South Wales.

Better than expected
  The successful acquisition of the Enmore and Lachlan projects significantly expands Koonenberry Gold's exploration portfolio and increases its potential for major discoveries. 

Summary
  • Koonenberry Gold acquired the Enmore Gold and Lachlan Copper-Gold Projects, totaling 4192 square kilometers in New South Wales.
  • The Enmore Project is near the Hillgrove gold mine and shows promising historical gold results, including a 174-meter intercept at 1.82 grams per tonne gold.
  • The Lachlan Project is in a prime copper-gold belt and has historical results of up to 18% copper and 3.4 grams per tonne gold.
  • The acquisition includes two farm-in joint ventures with Newmont Corporation, a leading gold company.
  • A $4.5 million share placement was successfully completed to fund exploration activities.
  • The company is optimistic about the potential for significant discoveries and expects consistent news flow in 2025.
Sentiment

Score: 8

Explanation: The announcement is overwhelmingly positive, highlighting a significant acquisition, successful capital raising, and strong future outlook. The only caveat is the inherent risk in exploration.

Positives
  • Transformative acquisition significantly expands land holdings
  • Promising historical results from both Enmore and Lachlan Projects
  • Strategic partnerships with Newmont Corporation
  • Successful $4.5 million share placement securing funding for exploration
  • Experienced management team with a track record of discovery
Risks
  • Exploration is inherently risky and may not lead to commercially viable discoveries.
  • The success of the projects depends on various factors, including geological conditions, exploration results, and market conditions.
Future Outlook

Aggressive exploration in 2025 is expected to deliver consistent news flow for investors. The company is confident of a successful 2026, supported by a volatile global geopolitical environment that should continue to support gold and copper exploration.

Management Comments
  • This acquisition transforms Koonenberry into a New South Wales-focused explorer with one of the most significant portfolios of land holdings in the state
  • We believe Enmore and Lachlan, as well as our Koonenberry Gold project, have immense potential for a significant discovery
  • Our aggressive exploration in 2025 is expected to deliver consistent news flow for investors
  • We are extremely excited about our new projects and are confident of a successful 2026
Industry Context

This announcement reflects the ongoing interest in gold and copper exploration in Australia, particularly in established and emerging mining regions. The acquisition and joint venture with Newmont Corporation highlight the strategic importance of securing partnerships with major players in the industry.

Next Steps
  • Aggressive exploration in 2025
  • Unlocking the greater value of the acquired projects
Key Dates
  • 17 October 2024: ASX announcement of exploration results referenced in the AGM address
  • 29 November 2024: Date of the 2024 Annual General Meeting (AGM)
Keywords
Gold Exploration, Copper Exploration, New South Wales, Koonenberry Gold, Enmore Gold Project, Lachlan Copper-Gold Project, Newmont Corporation, Acquisition, Share Placement
KNB 
Koonenberry Gold Limited 
ASX
Sector: Materials
 
Filings with Classifications
Better than expected
21 May 2025 9:08 PM
Investment Announcement
  • Koonenberry's drilling results at Enmore exceeded expectations, leading to Lion's increased investment.
Delay expected
19 May 2025 6:24 PM
Exploration Update
  • The Phase I drilling campaign is now finished due to extremely wet conditions on site with 10 holes for 3,232.6m completed of a planned 3,000m.
Better than expected
28 April 2025 7:18 PM
Exploration Update
  • The drill results indicate a potentially wide structural corridor with significant gold intercepts, exceeding initial expectations for the area away from the granite-sediment contact.
Better than expected
15 April 2025 7:34 PM
Quarterly Report
  • The drill results at Enmore Gold Project are better than expected, demonstrating potential for both bulk tonnage and high-grade gold mineralization.
Better than expected
13 April 2025 6:49 PM
Exploration Update
  • The second drillhole returned a higher gram metre interval (357.9) than the first drillhole (297.5), indicating improved potential.
Better than expected
6 April 2025 6:22 PM
Investor Presentation
  • The intercept of 170m @ 1.75g/t gold incl. 18.3m at 9.95g/t gold from first drillhole at Enmore Gold Project, NSW is better than expected.
Better than expected
3 April 2025 12:51 AM
Investor Presentation Announcement
  • The assay results of 170m @ 1.75g/t gold from 77m, including 18.3m at 9.95g/t gold from 172.9m are considered better than expected.
Better than expected
1 April 2025 6:57 PM
Exploration Update
  • The assay results from the first drillhole exceeded expectations due to the high-grade intercept and broad zone of gold mineralisation.
  • The results validate historical drill results, indicating potential for broad and high-grade gold zones.
Delay expected
16 March 2025 6:42 PM
Exploration Update
  • The drilling program has been paused for up to one week due to heavy rains associated with ex-Tropical Cyclone Alfred.
Worse than expected
12 March 2025 1:35 AM
Half Year Financial Report
  • The company reported a loss of $925,922 for the half-year ended December 31, 2024, indicating worse than expected financial performance.
Capital raise
12 March 2025 1:35 AM
Half Year Financial Report
  • The company's ability to continue as a going concern is dependent on raising additional funding either through debt or equity to meet its planned exploration programme.
  • The company will be required to raise funds for working capital from debt or equity sources if the above matters are not achieved.
Better than expected
2 February 2025 4:27 PM
Investor Presentation
  • The document highlights significant exploration results, including broad, high-grade gold intercepts at Sunnyside, suggesting better than expected potential.
  • The commencement of drilling at multiple projects and the joint venture with Newmont indicate a positive outlook and better than expected progress.
Better than expected
23 January 2025 6:03 PM
Quarterly Report
  • The company has made transformational acquisitions that have significantly increased the size and potential of its portfolio.
  • The company has reported high grade drilling results at the Enmore project.
  • The company has completed a capital raise and is well funded.
Better than expected
19 January 2025 4:19 PM
Exploration Update
  • The identification of a 4km gold trend and high-grade sampling results are better than expected for an early-stage exploration project.
Better than expected
6 January 2025 5:28 PM
Exploration Update
  • The rock chip results are better than expected, with high grades of gold and copper, confirming the potential for significant mineralization.
Capital raise
29 November 2024 12:31 AM
Securities Quotation Application
  • An additional 450,000,000 shares are to be issued on December 5, 2024.
Capital raise
28 November 2024 11:47 PM
Annual General Meeting Results
  • Approval was granted for a 10% placement capacity.
  • Approvals were given to issue shares related to Enmore, Lachlan, and director placements.
Delay expected
28 November 2024 6:42 PM
Investor Presentation
  • Planned discovery activity is subject to changes due to various factors including regulatory approvals and inclement weather.
Better than expected
28 November 2024 5:22 PM
Annual General Meeting Report
  • The successful acquisition of the Enmore and Lachlan projects significantly expands Koonenberry Gold's exploration portfolio and increases its potential for major discoveries.
Delay expected
26 November 2024 8:41 PM
Securities Issue Update
  • The issue date of the Placement Shares was delayed by one day, from December 4th to December 5th, 2024.
Delay expected
17 November 2024 6:17 PM
Exploration Update
  • The first phase of air core drilling at Atlantis was terminated early due to limitations in the rig configuration and air pressure, preventing the testing of three identified EM conductors and limiting the extent of the surveyed area.
Worse than expected
17 November 2024 6:17 PM
Exploration Update
  • The second phase of drilling at the Atlantis prospect did not yield significant copper or gold intersections, despite the presence of trace amounts of sulphides, indicating that the targeted mineralisation may be located further from the drillholes or at greater depth than initially anticipated.
Capital raise
28 October 2024 7:44 PM
Notice of Annual General Meeting
  • A $4.5 million capital raising (before costs) is planned through a placement of shares.
  • Directors have committed to subscribing for up to $200,000 of the placement.
Capital raise
16 October 2024 7:55 PM
Investment Announcement
  • Koonenberry Gold is undertaking a \$4.5 million capital raising.
Capital raise
16 October 2024 7:20 PM
Investor Presentation
  • A capital raising of at least A$2,000,000 is planned, with commitments already secured for A$4,500,000.
  • The capital raising will fund the acquisition of the Enmore Gold Project and Lachlan Projects.
Capital raise
16 October 2024 6:54 PM
Acquisition Announcement
  • A $4.5 million capital raise via a placement of 450 million new ordinary shares at $0.010 per share.
  • The placement was supported by major shareholder Lion Selection Group and new investor Lowell Resources Fund.
  • Funds will be used for exploration, capital raising costs, and working capital.
Capital raise
14 October 2024 6:49 PM
Trading Halt Announcement
  • A capital raising is planned in association with a material acquisition.
Capital raise
12 September 2024 4:15 AM
Annual Report
  • A share placement and fully underwritten entitlement offer raised $2,352,537 before costs in April 2024.
Delay expected
12 September 2024 4:15 AM
Annual Report
  • Drilling at the Atlantis Prospect was unable to penetrate to planned depths due to hard and silicified ground, resulting in an early termination of the program.
Worse than expected
3 September 2024 7:59 PM
Exploration Update
  • The drilling program was significantly shorter than planned due to unforeseen weather conditions, resulting in fewer drill holes and less data than anticipated.
Delay expected
3 September 2024 7:59 PM
Exploration Update
  • A significant rain event forced an early termination of the drill program at Atlantis, resulting in a compromised program with only 6 holes completed instead of the planned 16.
Delay expected
30 July 2024 7:16 PM
Exploration Update
  • The drill program in June was terminated early due to a significant rain event.
Delay expected
23 July 2024 8:01 PM
Quarterly Report
  • A significant rain event occurred after the reporting period, resulting in demobilisation of equipment and crew, delaying further exploration.
Better than expected
12 June 2024 7:55 PM
Exploration Update
  • The gold zone has been extended to the east and 200m to the south, expanding the gold footprint to over 500m x 400m.
Delay expected
27 May 2024 7:18 PM
Exploration Update
  • The initial drilling program was terminated early due to rig limitations, preventing the testing of the three EM conductors.
Delay expected
21 April 2024 7:02 PM
Project Update
  • Drilling at Atlantis was delayed due to unexpected difficult drilling conditions (hard ground).
Worse than expected
21 April 2024 7:02 PM
Project Update
  • The drilling at Atlantis did not reach the target depth due to difficult ground conditions, which is worse than expected.
Delay expected
19 April 2024 4:14 AM
Rights Issue Results and Revised Timetable
  • The issue and settlement of Rights Issue shares has been revised from the timetable previously announced to the ASX on 8 March 2024.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.