Lunnon Metals (ASX:LM8) has increased the Lady Herial Mineral Resource 49% to 54,200oz and commenced mining at its Kambalda Gold and Nickel Project in Western Australia.
Lunnon Metals Managing Director Edmund Ainscough says down plunge drilling at Lady Herial confirms high grade continuity beyond the current open pit.
Edmund Ainscough outlines how new high grade drilling results strengthen confidence in the Lady Herial development pathway and expand the project’s growth potential.
Managing Director Edmund Ainscough describes the Lady Herial resource update as a pivotal milestone that positions Lunnon Metals for a streamlined transition into production.
Lunnon Metals has advanced preparations for the proposed Lady Herial gold open pit, with shareholder approval of the Ore Purchase Agreement and the appointment of a preferred mining contractor.
Lunnon Metals (ASX: LM8) has confirmed more shallow, high-grade gold at Lady Herial, reinforcing the deposit’s credentials as a near-term development opportunity within the prolific St Ives camp.
Lunnon Metals Managing Director Edmund Ainscough says the latest drilling results at Lady Herial confirm thick high-grade gold zones that strengthen confidence in the deposit ahead of potential development.
Managing Director Edmund Ainscough says the latest drilling results at Hustler and the progress at Defiance West underscore Lunnon Metals strategy of combining near-surface gold opportunities with deeper discovery potential.
Edmund Ainscough says the latest metallurgical test work confirms strong gold recoveries at Lady Herial, reinforcing confidence in the project’s path toward production.
Edmund Ainscough says the discovery of a new stacked gold structure at Lady Herial Northwest reinforces Lunnon Metals’ belief that the Foster Gold Belt remains underexplored and highly prospective.