Lunnon Metals Limited · ASX:LM8
Lunnon Metals — Diggers & Dealers 2022
18 slides from Lunnon Metals's conference presentation, Aug 3, 2022
Slide 1: Diggers and Dealers - Company Presentation
LUNNON METALS LIMITED ABN: 82 600 008 848 Diggers and Dealers - Company Presentation For personal use only 3 August 2022 BOARD/MANAGEMENT Mr Liam Twigger NON-EXECUTIVE CHAIRPERSON Lunnon Metals Ltd Managing Director, Ed Ainscough, is presenting at the Mr Ian Junk Diggers and Dealers Conference today
Slide 2: Diggers & Dealers 2022
For personal use only Diggers & Dealers 2022 Ed Ainscough 1
Slide 3: Important Notice & Disclaimer
Important Notice & Disclaimer This Presentation has been prepared by employees of Lunnon Metals Ltd (“Lunnon”, “LM8” or “the Company”) on its behalf and is a summary only, and contains summary information about Lunnon and its For personal use only activities, which is current as at the date of this
Slide 4: A Journey in the Making
For personal use only A Journey A Journey 20 … 20 in Years years in the…making the Making Diggers 2002 same leases … different commodity same speaker … different company same hair … different colour 3
Slide 5: A Journey... years in the making: aggressive discovery programme, significant opportunity
For personal use only A Journey … 20 years in the making World renowned January nickel district First high grades reported at Baker Significant opportunity 4 historical mines, April Aggressive discovery sold with the gold in 2001 Raised $30M Added Fisher & Silver Lake, doubling programme
Slide 6: Unrivalled: Kambalda nickel district
Unrivalled : Kambalda nickel district Production^: Pre-WMC sale vs Total Life of Mine Past Nickel Production^ For personal use only to date 4.3% 4.1% Mine Shut by Mt % Ni Ni kt 3.9% 342 203 Silver 3.7% Lake* 1986 4.5 2.7 123 3.5% Ni % 3.3% 467 Fisher* 1988 1.7 2.3 38 101 674 3.1% 2.9% Foster 1994 2.
Slide 7: LM8 – Successful months
LM8 – Successful 12 months BAKER For personal use only 568kt @ 2.8% Ni Warren 211kt @ 3.1% Ni (15,800t Ni) (6,400t Ni) 85H 687kt @ 2.4% Ni 75C (16,600t Ni) 413kt @ 2.3% Ni (9,500t Ni) 65% growth in Foster South Mineral Resource* 340kt @ 4.7% Ni Ni tonnes (16,000t Ni) Diagrammatic representation of a
Slide 8: Baker
BAKER West Idough Open Pit (~300m distance) For personal use only 23m @ 6.78% Ni 19m @ 6.01% Ni LEGEND - DOMAINS Main Base of Flow 2m @ 8.25% Ni Re-mobilised Shear LM8 Other colours – base of flow infill/extend ~20m x 20m A B LEGEND – DRILL HISTORY July-Sept 22 Diamond hole (WMC) 1st pass RC (LM8) 2
Slide 9: Baker: best hole at Kambalda in recent memory
For personal use only Baker : best hole at Kambalda “in recent memory” ECO22RC_048 : 23m @ 6.78% Ni 8 *refer Slide 17 for previous relevant ASX announcements
Slide 10: Baker: best hole at Kambalda in recent memory
For personal use only Baker : best hole at Kambalda “in recent memory” *refer Slide 17 for previous relevant ASX announcements 9
Slide 11: Foster: Dewater / Re-entry / Drill / Discover
For personal use only Foster : Dewater / Re-entry / Drill / Discover 725m deep Foster shaft Example of dewatering gear at St Ives early 2000s Lake Lefroy discharge point *refer Slide 16 for full breakdown of Mineral Resource 10
Slide 12: Kambalda Dome: Fisher-Silver Lake MRA
Kambalda Dome : Fisher-Silver Lake MRA *deal yet to settle, see Announcement dated 12 April 2022 for conditions/timeline ASX:MCR Production Prospective For personal use only ~$0.9-1.0B MCap Metal/strike Otter- N to date plus contact at Juan/Durkin “Golden Area km MRE^ surface Mile” (Ni kt) (Ni kt) (
Slide 13: Corporate Overview
Corporate Overview • Corporate Overview Liam Twigger Non-Executive Chair Corporate structure (ASX: LM8) only Deputy Chair Argonaut, NEC SolGold as at close 29 July 2022 Ian Junk Non-Executive Director Mining engineer - WMC, key role at ASX: MCR, PAN as Donegal 173.5m $1.00 $173.5m For personal use B
Slide 14: Investment highlights
For personal use only Investment highlights ASX:LM8 Growth in forward facing commodity 4 historical Ni mines Long mining history Globally significant nickel camp Unparalleled Mining Address 7 known Ni World-class Ni province Excellent local channels Kambalda assets infrastructure & have unrivalled A
Slide 15: Making our own history, in the heart of Kambalda
For personal use only Making our own history, in the heart of Kambalda 1960s/70s 2022 Driller, Jack Lunnon (far right) overlooking Lake Lefroy from north side of Red Hill: with local and WMC dignitaries at site of KD1, discovery hole for nickel at Kambalda (image source ABC Goldfields-Esperance: sto
Slide 16: Real Assets, in the heart of Kambalda
For personal use only Real Assets, in the heart of Kambalda 15
Slide 17: Important Notice and Disclaimer: Competent Person Statement
Important Notice and Disclaimer Competent Person Statement For personal use only The information in this Presentation that relates to geology, nickel and gold mineralisation, Mineral Resources and Exploration Results is based on, and fairly represents information compiled and reviewed by Mr Aaron We
Slide 18: Important Notice and Disclaimer: Exploration results reporting
Important Notice and Disclaimer Exploration results reporting For personal use only This presentation contains references to Lunnon's exploration results and previous announcements. The information in this presentation that relates to previous exploration results has been extracted from the followin