Lunnon Metals Ltd
Lunnon Metals Limited is an Australia-based company, which is engaged in mineral exploration and development in Western Australia.
The business
Lunnon Metals Limited is an Australia-based company, which is engaged in mineral exploration and development in Western Australia. The Company operates through two segments, which include Gold mineral exploration and Nickel mineral exploration in Western Australia. The Company’s principal activities include its Kambalda Gold & Nickel Project (KGNP), which consists of approximately 47 square kilometeres (km2) of tenements, located immediately south of Kambalda, Western Australia. The KGNP features approximately 47 km2 located approximately 570 kilometers (km) east of Perth and 50-70 km south-southeast of Kalgoorlie, in the Eastern Goldfields of Western Australia. KGNP comprises two project areas, the Foster and Baker Project (in which the Company holds the tenure and associated mineral rights, including nickel and most gold rights) and the Silver Lake and Fisher Project (in which the Company holds only the nickel rights and minerals directly associated with nickel).
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Latest news
Lunnon Metals Secures Ore Purchase Agreement for Lady Herial Gold Deposit
Lunnon Metals (ASX: LM8) has executed an ore purchase agreement (OPA) that will provide an early cash flow opportunity from the Lady Herial deposit, part of the company’s Kambalda gold and nickel project in Western Australia. Lunnon will sell St Ives Gold Mining – a wholly owned subsidiary of major Lunnon shareholder Gold Fields – […]
Weekly wrap: rumours of wars send the ASX 200 tumbling
It is the Bible that talks about not being alarmed by “wars and rumours of wars” but Australian share market investors weren’t quite so sanguine, pushing down the ASX 200 sharply. By the close of trade on Friday 55.2 points or 0.7% had been erased from the ASX 200 as the reality of a worsening […]
Lunnon Metals identifies new gold zone at Kambalda’s Lady Herial prospect
Lunnon Metals (ASX: LM8) has confirmed that a new gold zone has been identified at the Lady Herial prospect within its Kambalda gold and nickel project in Western Australia. Multiple near-surface, high-grade gold intercepts on parallel shoots have been delivered from diamond and in-fill reverse circulation work, with the best result to date being 23 […]
Small cap starter kit for the next phase of the battery boom
Battery metal stocks have outperformed the broader market for the past two years with the result being that most of the better-known companies are no longer small caps which is why a small-cap “starter kit” might be useful for the next phase of the battery boom. Three stocks best demonstrate the problem for late arrivals […]
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