Lunnon Metals Drills Thick High-Grade Lady Herial Gold

THE DRILL SERGEANT: Lunnon Metals (ASX: LM8) reported assay results from reverse circulation (RC) drilling recently conducted at the company’s Kambalda Gold and Nickel Project (KGNP) in Western Australia.

Lunnon Metals undertook close spaced RC drilling at Lady Herial, its initial focus of surface activities for 2025 in the Foster Gold Belt within the KGNP.

The company described Lady Herial as an outcropping to very shallow gold deposit with the potential to deliver low strip ratios in any future open pit.

The drilling confirmed high-grade lode structures across an approximate 100m by 50m area, returning assays of:

11 metres at 3.38 grams per tonne gold;
15m at 3.84g/t gold
17m at 3.07g/t gold and
15m at 2.38g/t gold.

“Another de-risking step is now complete,” Lunnon Metals managing director Edmund Ainscough said in the company’s ASX announcement.

“Whilst the very high-grade results are great to see in the early rounds of drilling, it builds confidence to follow them up and demonstrate that the hosting structures are continuous and high-grade.

“This is just a small part of the overall Lady Herial deposit, and because it is so shallow, it will be accessed early in any future open pit so it is important to fully understand the dimensions of these structures and model them correctly.

“These structures would be mined almost immediately after any pit starts and will be a fantastic way to kick off any new mine!”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE