| Announcement Date: | 2022-05-16 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Lunnon Metals Ltd. |
| Project name: | Kambalda |
| Location: | Australia |
| Commodities: | Palladium,Platinum,Copper,Nickel,Iron,Cobalt,Arsenic |
| Highlight: | Drilling results incl. 4.25m @ 6.02% Ni, 0.63% Cu, 0.11% Co, 31.35% Fe, 57.33ppm As, 1.31g/t Pd, 0.72g/t Pt from 370.15m |
| 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 in the Warren channel, part of the previously operated Foster nickel mine at its Kambalda Nickel Project (KNP). Targeting the interpreted down-dip margin of a Down Hole Transient Electro-Magnetic (DHTEM) conductive plate, WRN22DD_004 has returned the following result (above a 1.0% Ni cut off) Diamond hole WRN21DD_003W2, reported on 4 April 2022 as intersecting a 0.55m wide nickel sulphide zone on the Kambalda Komatiite-Lunnon Basalt contact, with further remobilised massive nickel sulphides present in the footwall of this contact, has now returned the following significant intersection (above a 1.0% Ni cut off) Lunnon Metals’ programme at Warren is designed to demonstrate that this channel, a separate nickel mineralised channel in its own right, has the potential to host substantially more than the current 6,400t1 of nickel metal. The adjacent Foster channel, 1.5km to the immediate south-east, has an endowment of over 103,000t of nickel at 2.7% Ni (>61,000t mined previously up to 1994 and 42,100t1 in the Company’s current JORC Mineral Resource). |
| 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
- 40,000 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
- 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
- Announcement Alerts and Notifications
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data