Lunnon Metals Limited · ASX:LM8
Lunnon Metals — Investor Presentation (May 2025)
21 slides from Lunnon Metals's investor presentation, May 12, 2025
Slide 1: Investor Presentation
13 May 2025 INVESTOR PRESENTATION Lunnon Metals Limited (ASX: LM8) is pleased to announce that Managing Director, Edmund Ainscough, will be presenting to a select group of potential investors during the 1-2-1 Mining Investment event and through a series of one-on-one meetings in London, scheduled fo
Slide 2: Exploring Golden Opportunities
✓ This slide is 100% editable. Exploring Golden Adapt it to your needs and Opportunities capture your audience’s attention. ✓ This slide is 100% editable. 121 Mining Investment Adapt it to your needs and London – 12-13 May 2025 capture your audience’s Edmund attention. Ainscough ASX: LM8
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 activities, which is current as at the date of this Presentation (unless o
Slide 4: Successful Explorer
SUCCESSFUL EXPLORER FY2023 – 2024 GOLD & NICKEL WESTERN AUSTRALIA CASH $17.8M^ GREAT ADDRESS Mining Leases in world-renowned belt +16Moz gold camp* & 1.6Mt Ni district* Short approval lead time SUCCESS TO DATE Recent High-Grade Gold Discovery High-Grade Nickel Sulphide Assets (95kt metal @ 3.0% Ni)#
Slide 5: Lunnon Metals Overview
Lunnon Metals Overview Corporate highlights (ASX: LM8) May 2025 Liam Twigger Edmund Ainscough Non-Executive Chair Managing Director 220.6m $0.20-0.25 ~$45-55m Board Shares on issue Share price Market cap Ashley McDonald Deborah Lord Non-Executive Director $17.8m Native Title Non-Executive Director 1
Slide 6: Foster-Baker: between two great St Ives gold mines
Foster-Baker: between two great St Ives gold mines 1 2 5
Slide 7: Lady Herial
LADY HERIAL 0.57 million tonnes @ 1.6 g/t Au for 29,000 ounces 1 HEADLINES IMPACT NEXT STEPS Detailed understanding; High confidence in geology Complete technical studies – confirm >9km drilling interpretation, 8m x 6m spacing financial benefits and physicals Thick & high-grade Low strip ratio likel
Slide 8: Lady Herial – first discovery in Foster Gold Belt
Lady Herial – first discovery in Foster Gold Belt Guiding Star Au FROM Hustler Lady Herial Au Haulage road VIA 9KM DRILLING DELIVERING Foster Shaft IN LESS THAN 15 (Ni, not in use) MONTHS 11 Diamond holes 81 RC holes for initial resource definition 112 holes See ASX fordated announcement infill cont
Slide 9: Lady Herial: >9km drilling in less than 15 months
Lady Herial: >9km drilling in less than 15 months Detailed drilling, detailed understanding, de-risked model Robust basis for negotiating offtake, simplifies mining sequence, speeds up extraction See slide 18 for full breakdown of the gold Mineral Resource and ASX announcement dated 7 May 2025 for f
Slide 10: Lady Herial: thick, high-grade & outcropping
Lady Herial: thick, high-grade & outcropping STAND OUT ATTRIBUTES • Outcropping to shallow cover only • Thick high-grade zones >2.0g/t Au • Broad lower-grade zones 0.5-1.0g/t Au • Excellent metallurgy^ • Potential very low strip ratios • Nearby haul road • Multiple plants in district OBJECTIVE • Def
Slide 11: Foster Gold Belt – what's in the third dimension?
Foster Gold Belt – what’s in the third dimension? Track Record of Success ✓ Each step out test has been positive (bar one) ✓ Only 1.8km of 7.0km tested to date ✓ Stacked lodes & shallow is good ✓ No testing below current drill cover (for another 500m!) ✓ These structures all strike towards the Lunno
Slide 12: Gold prospectivity of Foster, LH, Hustler, Koombana
Gold prospectivity of Foster, LH, Hustler, Koombana Foster-Baker was a “nickel belt” so, never saw a proper gold focus Significance. LM8 has: 1. Demonstrated that the favourable rock hosts GOLD in now 4 separate locations 2. Located the Lunnon Sediment; that hosts the ‘Father’s Day Vein’ at Beta/Hun
Slide 13: Drilling a Beta/Hunt analogue?
Drilling a Beta/Hunt analogue? North St Ives ~10-15km South St Ives Westgold Resources Lunnon Metals Beta Hunt (WGX) ^ ## BETA/HUNT FOSTER 1970s WMC nickel mine 1980s WMC nickel mine Active / accessible: Active to 1996 : 1970s to present inaccessible u/g since Gold present above the LM8 discovers go
Slide 14: Defiance West – full assays pending
Defiance West – full assays pending Area of 4km2 – program objective = is this permissive for gold? 13 13 13
Slide 15: Milestones & Catalysts: 2025 and beyond
Milestones & Catalysts: 2025 and beyond Record high $A gold price >Permit gold discovery rapidly >Fast track to cashflow >EV, share price re-rate? Keep drill rigs turning >Look for something big >Fast track anything small (the next ‘Lady Herial’) Grow Gold - slow burn on Nickel >Opportunities to add
Slide 16: Nickel: Real Assets, Existing Infrastructure, Low Risk
Nickel: Real Assets, Existing Infrastructure, Low Risk ✓ Baker Mining Proposal approved^ ✓ Foster Dewater/Re-entry Mining Proposal approved ✓ Granted mining licences ✓ Geotechnical, metallurgical, surface drilling - ALL DONE Baker-Foster: 3.1Mt @ 3.0%Ni (95,100t Ni)* ^ Refer to ASX announcement date
Slide 17: St Ives for Gold : Kambalda for Nickel
ST IVES FOR GOLD : KAMBALDA FOR NICKEL 16
Slide 18: Appendices
✓ This slide is 100% editable. Adapt it to your needs and capture your audience’s attention. ✓ This slide is 100% editable. Appendices Adapt it to your needs and capture your audience’s attention. 17
Slide 19: Gold Mineral Resources Reporting
Gold Mineral Resources Reporting This presentation contains references to Lunnon Metals’ Ore Reserves and Mineral Resources, which are shown in a detailed breakdown in the following slides. Mineral Resources^ at 7 May 2025 Measured Indicated Inferred Total Tonnes Au g/t Au Ounces Tonnes Au g/t Au Ou
Slide 20: Nickel Mineral Resources and Ore Reserves Reporting
Nickel Mineral Resources and Ore Reserves Reporting This presentation contains references to Lunnon Metals’ nickel Ore Reserves and Mineral Resources, which are shown in a detailed breakdown below. ^ Mineral Resources * at 30 June 2024 The Company confirms that all material assumptions and technical
Slide 21: Important Notice - Competent Persons Statement
Important Notice - Competent Persons Statement Any information in this announcement that relates to gold and nickel geology, gold and nickel Mineral Resources, Exploration Targets, Exploration Results and the Company’s Historical Core Program, which includes the accessing, re-processing, re-logging,