Koonenberry Gold identifies 6km high-grade copper-gold trend at Breakfast Creek

Koonenberry Gold fieldwork finds high-grade copper-gold along 6km trend at its Breakfast Creek project in NSW
Results such as 7.02g/t gold and 1.96% copper confirms results from previous sampling
Work underway to advance several targets to drill-ready status

Special Report: Koonenberry Gold’s exploration of its Breakfast Creek project in NSW’s rich Lachlan Fold Belt is off to a rousing start with initial fieldwork returning high-grade copper-gold along a 6km trend.

Rock chip sampling returned results such as 7.02g/t gold and 1.96% copper along with 3.71g/t gold and 1.24% copper at the northern end of the extensive 6km by 2km copper-gold soil anomaly, confirming and complementing previous sampling results.

Work by Koonenberry Gold (ASX:KNB) has confirmed the geological setting, pathfinder element associations, extensive hydrothermal alteration assemblages and host rock types display similarities with both copper-gold porphyry systems and high-grade copper-gold skarn systems such as the nearby Browns Creek Mine.

Notably, targets at the project remain untested by drilling due to a paucity of exploration for high-grade skarn systems in NSW over the past 25+ years.

“These rock chip results highlight the high-grade nature of the copper-gold mineralisation at our Breakfast Creek project,” Koonenberry managing director Dan Power said.

“The project now has high-grade copper-gold rock chip results along the entire +6km length of the copper-gold soil anomaly and remains open to the north where no work has been conducted.

“It is quite incredible that such an expansive area of copper mineralisation, only 55km from the world class Cadia copper-gold mine, has barely seen a drill hole.

“We plan to complete further exploration to advance several targets to drill ready status in the coming months.”

Breakfast Creek

KNB picked up Breakfast Creek as part of a package of licences it acquired in October 2024.

The 392km2 Breakfast Creek project is ~55km south of Newmont’s 35Moz gold and 7.9Mt copper Cadia Operations and encapsulates the southern extent of the Molong Volcanic Belt.

Its position within the Lachlan Fold Belt is intriguing as it is a world-class mining province with a combined metal endowment of >88Moz gold and copper.

KNB’s recent high-grade copper-gold rock chips are associated with quartz veined and brecciated gossan samples with copper carbonates hosted in retrograde chlorite-actinolite-carbonate-pyrite altered intermediate to mafic volcaniclastic rocks.

Location of Breakfast Creek and Koonenberry’s other Lachlan projects (white labels) in relation to Tier 1 mines and significant deposits. Pic: Koonenberry Gold

Forward program

Work is currently underway to rank and review all surface geochemical results across the mineralised trend.

KNB is also planning follow-up work, which will include infill soil and rock chip geochemistry, geological mapping and possible electrical geophysics to integrate with existing geophysical datasets to generate multi-disciplinary, high-grade copper-gold targets for drill testing.

It may also carry out extensional sampling within its tenure to the north.

This article was developed in collaboration with Koonenberry Gold, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.