Lunnon Metals Limited · ASX:LM8
Lunnon Metals — Shaw and Partners Gold Conference 2025
22 slides from Lunnon Metals's conference presentation, Apr 30, 2025
Slide 1: Investor Presentation
30 April 2025 INVESTOR PRESENTATION Lunnon Metals Limited (ASX:LM8) is pleased to announce that Managing Director, Edmund Ainscough, will present at the Shaw and Partners Gold Conference in Perth tomorrow morning, 1 May 2025, at 10:55am (AWST). A copy of the presentation to be delivered is attached.
Slide 2: Edmund Ainscough May 2025
This slide is 100% editable. Adapt it to your needs and capture your audience’s attention. This slide is 100% editable. Adapt it to your needs and capture your audience’s Edmund attention. Ainscough May 2025
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: Active explorer, cash $17.8M
FY2023 – 2024 Active explorer, cash $17.8M^ Granted mining leases Surrounded by multiple >1Moz* gold mines In middle >16Moz* St Ives gold camp Short-lead time from discovery to mining Agreement with the Ngadju People~ Exciting high-grade gold results in under-explored (nickel) belt PS: (113,600t# MR
Slide 5: Lunnon Metals Overview
Lunnon Metals Overview Corporate structure (ASX: LM8) April / 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 Non-Executive Director 12.8m $17.8m n
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 HEADLINES IMPACT NEXT STEPS Detailed understanding; High confidence in geology Report MRE >9km drilling interpretation, 8m x 6m spacing Complete Scoping Study – confirm financial Thick & high-grade Low strip ratio likely benefits and physicals Outcrops or under very shallow Gold minerali
Slide 8: Lady Herial – first discovery in Foster Gold Belt
Lady Herial – first discovery in Foster Gold Belt FROM Guiding Star Au Lady Herial Au Haulage road Foster Shaft (Ni) VIA 9KM DRILLING DELIVERING IN LESS THAN 15 MONTHS 11 Diamond holes 81 RC holes for initial resource definition 112 holes See ASX fordated announcement infill control 1/10/2024 & 10/1
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 8
Slide 10: Lady Herial: a shallow, stacked gold deposit
Lady Herial: a shallow, stacked gold deposit RC25_021 15/3.84 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 distric
Slide 11: Lady Herial: thick, high-grade & outcropping
Lady Herial: thick, high-grade & outcropping HoleID From Width Au g/t Cutoff LDH25DD_005 18.20 18.00 3.99 0.5 LDH25DD_006 5.90 6.10 4.84 0.5 LDH25RC_053 6.00 9.00 3.48 0.5 LDH25RC_054 4.00 16.00 2.29 0.5 LDH25RC_055 7.00 9.00 2.71 1.0 LDH25RC_068 6.00 2.00 11.89 0.5 LDH25RC_077 6.00 13.00 2.24 0.5 L
Slide 12: 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 13: 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 14: Gold Tactics: Small can be good, BIG is BETTER
Gold Tactics: Small can be good, BIG is BETTER What/Where? Why? LADY HERIAL (1 each year) FASTER TO MONETISE FIND OUR OWN GET NOTICED “FATHER’S DAY VEIN” GET RELEVANT DEFIANCE WEST M&A STAY RELEVANT 13
Slide 15: 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
Slide 16: Defiance West – full assays pending
Defiance West – full assays pending Area of 4km2 – program objective = is this permissive for gold? 15 15 15
Slide 17: 2025: Targeting a "win-win"
2025: Targeting a “win-win” 2025 TARGETS o Lady Herial • Clear footprint once permit approved • Commercial terms – aim to agree terms; St Ives or other o Hustler, Koombana and others, find the next 1, 2 or 3 ‘Lady Herials’ o Keep drilling to discover something BIGGER 2025 YEAR END GOALS o Lady Heria
Slide 18: 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 19: Appendices
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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 nickel and gold geology, nickel Mineral Resources, Exploration Targets, Exploration Results and the Company’s Historical Core Program, which includes the accessing, re-processing, re-logging, cutting
Slide 22: St Ives for Gold : Kambalda for Nickel
ST IVES FOR GOLD : KAMBALDA FOR NICKEL 21
Lunnon Metals — Shaw and Partners Gold Conference 2025 on 6ix