KNB: Wilga Flats drilling expanded to test Cu-Au target at depth
Original announcement by asx on
- Company
- Koonenberry Gold Limited
- Ticker
- KNB
- Exchange
- ASX
- Region
- New South Wales
- Primary commodity
- Gold
- Secondary commodities
- Copper
- Document categories
- Other, Drill results
- Extracted
- 2026-10-19 23:06:04 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Koonenberry Gold Limited has expanded its drilling program at the Wilga Flats Project to test a compelling blind porphyry copper-gold target at depth, following encouraging geological observations and geophysical data. Initial drilling identified hydrothermal alteration and porphyry-style veinlets, consistent with Au-Cu systems in the region. Assay results for the first three holes are pending and expected in late Q4 2026.
Reasoning: Koonenberry Gold has expanded its drilling program at Wilga Flats based on encouraging geological observations and geophysical data, targeting porphyry-style copper-gold mineralization, but assay results are still pending for the current program.
Positive factors
- expanded_drilling_program
- encouraging_geological_observations
- compelling_blind_porphyry_target
- classic_porphyry_geophysical_signature
- coincident_geochemical_anomalies
- additional_drill_permit_approval
Negative factors
- assays_pending
- visual_estimates_not_substitute_for_assays
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 2
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
ODH1Wilga Flats · goldGrade: 0.1Grade Unit: g/tIntercept: 32 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- ODH1
- 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
- 249.5 m
- Intercept Depth
- 65 m
Classification
- Deposit Type
- porphyry
- Sample Type
- drill
- Group ID
- ODH1:65-97
- Mining Method
- open_pit
Location
- Location
- Olaf's
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-09-30T00:00:00.000Z
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This is a historical intercept from prior drilling, not new results from the current program, and true width is not known.
Negative factors
- stale_data_re_release
- apparent_width_only
Evidence · text
“32m @ 0.10g/t Au including 1m @ 0.76g/t Au from 65m (ODH1)4”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Stale Data Re-releaseRejected · negative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Reason: This intercept is explicitly stated as historical drilling from a prior release.
Evidence · text
“32m @ 0.10g/t Au including 1m @ 0.76g/t Au from 65m (ODH1)4”
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: No estimate of true width is provided for this historical intercept.
Evidence · text
“No estimate of true width is provided given the limited historical drilling at Olaf’s with only downhole intervals reported.”
ODH1Wilga Flats · goldGrade: 0.76Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- ODH1
- Project
- Wilga Flats
- Commodity
- gold
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- KNB
Geometry
- Grade
- 0.76
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 65 m
- To
- 66 m
- Hole Depth
- 249.5 m
- Intercept Depth
- 65 m
Classification
- Deposit Type
- porphyry
- Sample Type
- drill
- Group ID
- ODH1:65-66
- Mining Method
- open_pit
Location
- Location
- Olaf's
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2026-09-30T00:00:00.000Z
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: This is a historical sub-intercept from prior drilling, not new results from the current program, and true width is not known.
Negative factors
- stale_data_re_release
- apparent_width_only
Evidence · text
“1m @ 0.76g/t Au from 65m (ODH1)4”
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
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Stale Data Re-releaseRejected · negative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Reason: This intercept is explicitly stated as historical drilling from a prior release.
Evidence · text
“32m @ 0.10g/t Au including 1m @ 0.76g/t Au from 65m (ODH1)4”
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: No estimate of true width is provided for this historical intercept.
Evidence · text
“No estimate of true width is provided given the limited historical drilling at Olaf’s with only downhole intervals reported.”
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.