KNB: Drilling at Dunedoo identifies porphyry-epithermal system
Original announcement by asx on
- Company
- Koonenberry Gold
- Ticker
- KNB
- Exchange
- ASX
- Region
- NSW
- Primary commodity
- Gold
- Secondary commodities
- Copper, Silver, Lead, Zinc
- Document categories
- Drill results, Other
- Extracted
- 2026-09-29 23:23:22 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Koonenberry Gold reported encouraging initial geological observations from its maiden seven-hole drill program at the Dunedoo Project, identifying a potential porphyry-epithermal system based on alteration and veining, with assay results anticipated in early Q4. Additionally, drilling has commenced at the priority Wilga Flats Project, targeting an epithermal gold trend, with historical drilling having identified gold and base metal mineralization, including new gold results from retrospective assays of historical core.
Reasoning: Koonenberry Gold's maiden drilling at Dunedoo identified a potential porphyry-epithermal system based on visual observations, with assay results pending, while drilling has commenced at the priority Wilga Flats project, which includes re-reported historical gold and base metal intercepts.
Positive factors
- Maiden drilling identified potential porphyry-epithermal system
- Drilling commenced at priority Wilga Flats project
- QP/CP signed off on exploration results
- QA/QC procedures disclosed for KNB's work
Negative factors
- No assay results received for Dunedoo drilling
- Visual estimates only for Dunedoo observations
- Historical nature of some reported results
- True width not known for historical intercepts
- No QA/QC disclosure for original historical drilling at Wilga Flats
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 3
Classification and evidence
First-Pass Drillingneutral · Story-specific tag
No canonical definition is currently available.
Why it applies: Maiden drilling program at Dunedoo and initial drilling at Wilga Flats are first-pass exploration efforts.
Evidence · text
“Maiden drilling completed at the Dunedoo Project”
No Assay Resultsnegative · Story-specific tag
No canonical definition is currently available.
Why it applies: The maiden drilling at Dunedoo has only yielded visual estimates, with no assay results received yet.
Evidence · text
“Visual estimates only – no assay results have been received.”
QP/CP Signedpositive · Story-specific tag
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The announcement includes a Competent Persons Statement signed by Mr Brynache Ellingworth.
Evidence · text
“The information in this announcement that relates to Exploration Results is based on, and fairly represents, information and supporting documentation prepared by Mr Brynache Ellingworth”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The document details QA/QC procedures including certified labs, standards, blanks, and duplicates for KNB's sampling.
Evidence · text
“ALS is an ISO/IEC 17025:2005 and ISO9001:2015 certified laboratory. ... A certified standard and blank were inserted every 50th and 51st sample respectively for drilling sampling. A duplicate was taken every 49th and 52nd sample for drilling sampling.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The historical drill intercepts at Wilga Flats are reported as downhole lengths with no true width provided.
Evidence · text
“No estimate of true width is provided given the limited historical drilling at Olaf’s with only downhole intervals reported.”
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The lead and zinc intercept from ODH-1 is a re-reporting of a historical drill intercept from 2024.
Evidence · text
“Limited historic drilling returned a best result 11.33m @ 2.05% Pb + Zn (ODH-1)7”
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: No references were found for sample quality control or QA/QC inserts for the original historical drilling that yielded the lead and zinc intercept.
Evidence · text
“No references were found for sample quality control or QA/QC inserts (standards, blanks and duplicates) for all other historical sampling.”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
ODH-1Wilga Flats · leadGrade: 2.05Grade Unit: %Intercept: 11.33 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- ODH-1
- Project
- Wilga Flats
- Commodity
- lead
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- KNB
Geometry
- Grade
- 2.05
- Grade Unit
- %
- Intercept
- 11.33 m
- Hole Depth
- 132 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-17T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Historical intercept of lead, combined with zinc, from limited drilling with no QA/QC disclosure for the original assay.
Negative factors
- Historical result, not new
- Grade is combined with zinc
- No QA/QC disclosure for original historical drilling
- True width not known
Evidence · text
“Limited historic drilling returned a best result 11.33m @ 2.05% Pb + Zn (ODH-1)7”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
ODH-1Wilga Flats · zincGrade: 2.05Grade Unit: %Intercept: 11.33 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- ODH-1
- Project
- Wilga Flats
- Commodity
- zinc
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- KNB
Geometry
- Grade
- 2.05
- Grade Unit
- %
- Intercept
- 11.33 m
- Hole Depth
- 132 m
Classification
- Sample Type
- drill
QA/QC
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-10-17T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Historical intercept of zinc, combined with lead, from limited drilling with no QA/QC disclosure for the original assay.
Negative factors
- Historical result, not new
- Grade is combined with lead
- No QA/QC disclosure for original historical drilling
- True width not known
Evidence · text
“Limited historic drilling returned a best result 11.33m @ 2.05% Pb + Zn (ODH-1)7”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
ODH-1Wilga Flats · goldGrade: 0.1Grade Unit: g/tIntercept: 32 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- ODH-1
- Project
- Wilga Flats
- Commodity
- gold
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- KNB
Geometry
- Grade
- 0.1
- Grade Unit
- g/t
- Intercept
- 32 m
- From
- 65 m
- To
- 97 m
- Hole Depth
- 132 m
- Intercept Depth
- 65 m
Classification
- Sample Type
- drill
- Group ID
- ODH-1:65-97
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-09-04T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Retrospective assays identified previously unrecognised gold mineralisation in historical core, providing new information on an existing target.
Positive factors
- New gold mineralization identified from retrospective assays
- QA/QC procedures disclosed for retrospective assays
Negative factors
- Historical result, not new drilling
- Low grade for gold
- True width not known
Evidence · text
“recent retrospective assays by KNB identifying previously unrecognised gold mineralisation including 32m @ 0.10g/t Au from 65m8”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.