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Microcolona ponophora is a moth in the Elachistidae family. It was described by Meyrick in 1897. It is found in Australia, where it has been recorded from New South Wales.
The wingspan is 8-9 mm. The forewings are brown, irregularly irrorated with dark fuscous. There is a broad whitish patch extending along the basal two-thirds of the dorsum and a small whitish spot on the middle of the dorsum and another before the tornus, separated by dark fuscous suffusion. The discal stigmata is black, raised and partially whitish-edged, first in middle, second at three-fourth. There is a small ochreous-whitish oblique triangular spot on the costa before two-thirds, preceded and followed by patches of dark fuscous suffusion. There are two or three black dots longitudinally placed towards the apex. The hindwings are fuscous.