ASX
164 days, 8 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, 16 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, 16 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, 16 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, 8 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, 10 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, 11 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, 16 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, 17 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, 14 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
 
ASX
186 days, 16 hours ago 
KNB
Koonenberry Gold Limited
KNB Commences Ground EM Survey at Atlantis Cu-Au Prospect
Koonenberry Gold has commenced a ground electromagnetic survey at its Atlantis Cu-Au prospect in NSW, aiming to identify potential sulphide accumulations and refine drill targets based on a 6.5km long soil anomaly and high-grade rock chip assays.
Delay expected
 
Worse than expected
 
ASX
206 days, 16 hours ago 
KNB
Koonenberry Gold Limited
Notice of Annual General Meeting/Proxy Form
Koonenberry Gold Limited will hold its Annual General Meeting on November 29, 2024, to consider resolutions including a 10% placement facility, share issuances related to acquisitions, and performance rights for directors.
Capital raise
 
ASX
218 days, 15 hours ago 
KNB
Koonenberry Gold Limited
LSX:Lion supports Koonenberry Gold's acquisition,fundraising
Lion Selection Group will invest $350,000 in Koonenberry Gold's $4.5 million fundraising round to support the acquisition of a significant exploration portfolio in New South Wales, maintaining a 6.1% stake in the company.
Capital raise
 
ASX
218 days, 16 hours ago 
KNB
Koonenberry Gold Limited
Investor Presentation - Highly Prospective NSW Projects
Koonenberry Gold Ltd. announced a transformational acquisition of a significant NSW gold and copper portfolio, encompassing 4,410 square kilometers, and a planned A$2 million capital raise.
Capital raise
 
ASX
218 days, 16 hours ago 
KNB
Koonenberry Gold Limited
Transformational NSW Cu/Au Project Acquisition and Raising
Koonenberry Gold announced a transformational acquisition of a significant NSW gold and copper-gold portfolio, alongside a $4.5 million capital raising.
Capital raise
 
ASX
218 days, 16 hours ago 
KNB
Koonenberry Gold Limited
GUE: Sale of Enmore Gold Project
Global Uranium (ASX:GUE) announced the sale of its Enmore Gold Project in Australia to Koonenberry Gold (ASX:KNB) for 35 million shares, allowing the company to focus on its North American uranium assets.
ASX
220 days, 16 hours ago 
KNB
Koonenberry Gold Limited
Trading Halt
Koonenberry Gold Limited (ASX: KNB) has requested a trading halt pending the release of an announcement regarding a material acquisition and associated capital raising.
Capital raise
 
ASX
253 days, 7 hours ago 
KNB
Koonenberry Gold Limited
Annual Report to shareholders
Koonenberry Gold Limited's 2024 annual report reveals a net loss of $(1,293,720), but highlights encouraging exploration results at the Bellagio and Atlantis prospects, prompting plans for further drilling in FY2025.
Delay expected
 
Capital raise
 
ASX
261 days, 15 hours ago 
KNB
Koonenberry Gold Limited
Drilling and DHEM completed at Atlantis Cu-Au Prospect
Koonenberry Gold's drilling program at the Atlantis Cu-Au prospect was cut short by rain, yielding no significant copper or gold assays despite intersecting trace amounts of sulphides, prompting further geophysical work.
Worse than expected
 
Delay expected
 
ASX
296 days, 16 hours ago 
KNB
Koonenberry Gold Limited
Down Hole Geophysics commenced at Atlantis Cu-Au Prospect
Koonenberry Gold commences down hole geophysics at the Atlantis Cu-Au Prospect to identify off-hole conductors representing sulphide accumulation, following up on recent drilling that was cut short by rain but successfully reached the target EM conductors.
Delay expected
 
KNB 
Koonenberry Gold Limited 
ASX

Investor Presentation - Highly Prospective NSW Projects

Sentiment:
 Investor Presentation
 16 October 2024 7:20 PM

Koonenberry Gold Ltd. announced a transformational acquisition of a significant NSW gold and copper portfolio, encompassing 4,410 square kilometers, and a planned A$2 million capital raise.

Capital raise
  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. 

Summary
  • Koonenberry Gold is acquiring a large portfolio of gold and copper exploration projects in NSW, Australia.
  • The acquisition includes the Enmore Gold Project and Lachlan Projects, totaling 4,410 square kilometers.
  • The Enmore Gold Project has shown significant gold intercepts, including 174m @ 1.82g/t Au.
  • The Lachlan Projects are located in the Lachlan Fold Belt, a known porphyry copper-gold district.
  • The acquisition will be funded by a capital raising of at least A$2,000,000, with commitments already secured for A$4,500,000.
  • The company has an experienced exploration team with extensive knowledge of the NSW region.
  • The deal is subject to shareholder approval at the AGM on November 29, 2024, and other conditions precedent.
  • Post-acquisition and capital raising, Koonenberry Gold will have approximately 867.8 million shares on issue and a market capitalization of approximately $10.4 million.
Sentiment

Score: 7

Explanation: The announcement presents a positive outlook with a significant acquisition and secured funding, but the inherent risks of exploration and reliance on shareholder approval temper the overall sentiment.

Positives
  • Acquisition of a large and highly prospective land package in a known mineral-rich region.
  • Significant historical high-grade gold intercepts at the Enmore Gold Project.
  • Strategic location of the Lachlan Projects within the prolific Lachlan Fold Belt.
  • Securing committed capital raising exceeding the minimum requirement.
  • Experienced exploration team with local expertise.
  • Potential for rapid advancement of the Enmore Project.
Negatives
  • Acquisition is subject to several conditions precedent, including shareholder approval and capital raising.
  • The company is highly leveraged to exploration success, meaning failure to find significant deposits could severely impact the company's value.
Risks
  • Failure to secure necessary shareholder approval for the acquisition and capital raising.
  • Failure to meet conditions precedent to the acquisition.
  • Exploration risk inherent in the junior mining sector; no guarantee of discovering commercially viable deposits.
  • Dependence on exploration success for future growth and value creation.
Future Outlook

The company plans to advance exploration activities on multiple fronts, focusing on both drill-ready and early-stage discovery opportunities. Success depends heavily on exploration results.

Industry Context

This acquisition positions Koonenberry Gold as a significant player in the NSW gold and copper exploration sector, competing with other junior explorers and potentially attracting the attention of larger mining companies.

Next Steps
  • Shareholder approval at the AGM on November 29, 2024.
  • Completion of the acquisitions subject to conditions precedent.
  • Commencement of exploration activities on multiple projects.
  • Further drilling programs at various prospects.
Key Dates
  • 29/11/2024: Annual General Meeting (AGM) to approve the acquisition and capital raising.
  • 17/10/2024: Transformational acquisition of NSW Au and Cu/Au portfolio announced.
Keywords
Gold, Copper, Exploration, Acquisition, NSW, Lachlan Fold Belt, Koonenberry Gold, Enmore Gold Project, Capital Raising
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.