Koonenberry Gold Limited
Koonenberry Gold Limited (ASX: KNB) is a gold explorer in New South Wales, Australia, with its flagship Enmore project (including the Sunnyside prospect) plus the Koonenberry, Bellagio, Atlantis, and Lachlan properties. A drill result at Sunnyside/Enmore returned 170m @ 1.75 g/t Au from 77m depth, including a higher-grade interval of 18m @ 9.95 g/t Au. The company reported FY2025 revenue of AUD$123,737 (an operating/interest figure, not mine production revenue -- Koonenberry has no producing asset). No JORC-compliant mineral resource estimate exists on any project.
Notable vs. Peers
- Trading within 1% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Jurisdiction (40%)9/10
New South Wales: Fraser PPI 2025 is 73.26 of 100 (rank 37 of 68), which maps to 9 on this site's scale. ASX-listed with all ground in New South Wales, Australia -- Tier-1 mining jurisdiction.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Enmore Project (Sunnyside Prospect), New England Fold Belt, New South Wales, Australia (checked Sep 26, 2026; recheck due Mar 25, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:9/10
Australia: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Executive Chairman of Koonenberry Gold Ltd (ASX:KNB). More than 25 years' experience in financial markets and investment banking, advising mining companies on strategy, mergers and acquisitions, and capital markets. Most recently Managing Director and Head of Metals and Mining at Citi, having previously worked for many years at Merrill Lynch and Bankers Trust. Also Non-Executive Chairman of Highfield Resources Ltd (ASX:HFR) and has served as a Non-Executive Director of Aurelia Metals Ltd. Formerly Non-Executive Chairman of Aeon Metals Ltd (ASX:AML), 2014 until the company's 2024 voluntary administration. Holds a Master's degree in Mining and Mineral Engineering (M.Eng Mining) and a Bachelor of Commerce in Finance (B.Comm Finance), both from the University of New South Wales, a Graduate Diploma in Applied Finance and Investments from the Securities Institute of Australia, and is a graduate of the Australian Institute of Company Directors (GAICD).
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Lion Selection Group, a well-known and respected Australian resource-sector investment company, holds a real 9.5% stake. The company completed a large capital raise in July 2026. One recent director's-interest notice was explicitly an option expiry, not a purchase; a more recent notice's nature is unconfirmed.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Koonenberry Gold explores for gold in New South Wales, with its flagship Enmore project, which includes the Sunnyside prospect, alongside the Koonenberry, Bellagio, Atlantis and Lachlan properties. Drilling at Sunnyside returned 170m at 1.75 g/t gold from 77m, including 18m at 9.95 g/t. On 10 August 2026 it completed the acquisition of Gilmore Minerals, holder of the Gundagai gold-copper project, adding about 485 sq km of tenure in the Lachlan Fold Belt where historical rock-chip samples returned up to 386 g/t gold. No JORC resource has been estimated on any of its projects.
No reports or presentations linked yet.