| Announcement Date: | 2022-02-15 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Lunnon Metals Ltd. |
| Project name: | Kambalda |
| Location: | Australia |
| Commodities: | Nickel |
| Highlight: | Drilling results incl. 10.85m @ 0.61% Ni from 518.7m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Lunnon Metals Limited (ASX: LM8) (the Company or Lunnon Metals) is pleased to provide an update on the progress of its discovery programme on the Warren channel, part of the Foster nickel mine at its Kambalda Nickel Project (KNP). Following the success of diamond hole WRN21DD_003 (8.72m @ 3.54% Ni – reported 4 January 2022) Lunnon Metals’ objective at Warren has been to target the prospective nickel contact between the very broad drill spacing left by WMC Resources Ltd (WMC) when the mine closed in 1994. The Warren channel currently hosts 6,400t of nickel metal in JORC Mineral Resource whereas the Foster channel, 1.5km to the immediate south-east, has an endowment of close to 94,000t of nickel at 2.92% Ni (>61,000t mined previously up to 1994 and 32,600t in the Company’s current JORC Mineral Resource1 ). The parent and “daughter” diamond drill hole programme at Warren, last reported in the December 2021 quarterly report, re-started in January 2022 after the hiatus over the Christmas/New Year Period. The hole was interpreted to have hit the prospective nickel contact on the upper edge of the Warren channel. A large conductive plate generated during the DHTEM survey of the parent hole, and located down dip, was targeted by a programme of controlled drilling including the use of wedged daughter holes. |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 60,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Announcement Alerts and Notifications
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data