Lunnon Metals (ASX:LM8) unearths promising gold intercepts at Lady Herial in Kambalda

In the shadow of the famed Kambalda/St Ives gold camp, Lunnon Metals (ASX:LM8) is unearthing promising results from its Lady Herial prospect at the Kambalda Gold & Nickel Project.

The recent infill and extensional drilling campaign has revealed near-surface high-grade gold mineralisation, sparking intrigue in this historically nickel-dominated region.

Key Highlights

• A standout intercept of 16 metres at 2.94 g/t gold (Au) in the Upper Structure, verifying the continuity of high-grade zones.
• Unexpected thickening in the Lower Structure, such as 15 metres at 1.35 g/t Au, underscores potential variability and expansion opportunities.
• Newly identified mineralisation in footwall zones adds further dimensions to the project’s resource potential.

A System Emerging

The Lady Herial prospect exhibits parallel mineralised zones — the Upper and Lower Structures — spaced 50 to 60 metres apart and plunging gently northwest.

Surface quartz float suggests a rich historical narrative, while deeper drilling highlights the potential for modern-day economic discovery.

With diamond drilling underway to confirm and refine these results, Lunnon Metals is advancing swiftly toward evaluating open-pit mining feasibility.

Managing Director Edmund Ainscough described Lady Herial as a game-changer:

“Our goal is to define the near-surface gold mineralisation quickly, enabling us to assess open-pit potential while leveraging our strong local expertise and infrastructure.”

Strategic Advantages

Lady Herial’s proximity to established processing facilities, including the Lefroy plant owned by major shareholder Gold Fields Limited, presents Lunnon Metals with a logistical edge.

This synergy could accelerate project development timelines and reduce capital intensity — a rare advantage in early-stage gold exploration.

Additionally, the region’s historical production pedigree, with over 15 million ounces of gold mined, sets a robust precedent.

The discovery of new footwall mineralisation opens the possibility of increasing the project’s scale, hinting at untapped potential.

Path Forward

As the geological interpretation evolves, Lunnon Metals remains committed to diligent resource definition, with upcoming assays from seven Upper Structure holes and five from the Middle Structure anticipated to further delineate this promising system.

Should these results align with expectations, the company is prepared to transition to tighter-grade control drilling, potentially accelerating the resource estimation process.

In a market often prone to exaggeration, Lady Herial stands out as a grounded yet exciting prospect, characterised by its high-grade, near-surface intercepts and strategic location within Australia’s premier gold belt.

For now, the story is one of immense potential: the possibility that Lady Herial could evolve into not just Lunnon Metals second act, following its Baker nickel discovery, but a defining chapter in its pursuit of tier-one deposits.

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