Lunnon Metals Limited · ASX:LM8
Lunnon Metals — RIU Sydney Resources Roundup 2023
19 slides from Lunnon Metals's conference presentation, May 9, 2023
Slide 1: RIU Sydney Resources Roundup 2023 ASX Announcement
ASX ANNOUNCEMENT ASX: LM8 RIU Sydney Resources Roundup 2023 9 May 2023 Lunnon Metals Limited (ASX:LM8) is pleased to announce that Managing Director, Edmund Ainscough, will present to the RIU Sydney Resources Roundup today at 11.45am (Sydney time). For personal use only The attached presentation wil
Slide 2: RIU Sydney Resources Round Up
RIU SYDNEY RESOURCES For personal use only ROUND UP EDMUND AINSCOUGH SYDNEY 9 MAY 2023 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: Future Facing Nickel – Stand Out ESG Location
FUTURE FACING NICKEL – STAND OUT ESG LOCATION ENVIRONMENT For personal use only POSITIVE IMPACT LOW IMPACT On community, 55+ years history jobs, local spend, Significant existing certainty infrastructure WESTERN AUSTRALIA HIGH VALUE World leading MRE >3.0% Ni grade 1 , regulatory premium concentrate
Slide 5: Score Card Since IPO
SCORE CARD SINCE IPO GROWTH BY DISCOVERY NEWS FLOW For personal use only Baker discovered 1 Drilled ~54km MRE grown by 48,800t Ni metal 2 Reprocessed ~12km 125% increase 3 @ A$0.22/lb 4 historical core GROWTH BY ACQUISITION FUNDING Acquired nickel rights to A$30M capital raising last two historical
Slide 6: Unrivalled: Kambalda Nickel District
UNRIVALLED : KAMBALDA NICKEL DISTRICT Production - Peers’ Assets^: Past Nickel Production^ Pre-WMC sale vs Total Life of Mine to date Shut Ni % use only 4.3% Mine Mt % Ni Ni kt by 4.1% Silver 3.9% 342 Lake 1986 4.5 2.7 123 203 3.7% 3.5% 1.7 2.3 38 For personal Fisher 1988 3.3% 101 467 676 3.1% Foste
Slide 7: Kambalda: Current M&A Hotspot
KAMBALDA : CURRENT M&A HOTSPOT Nickel assets, Goldfields, Western Australia GLOBALLY SIGNIFICANT For personal use only NICKEL BELT KEY SOURCE OF STRATEGIC NICKEL SULPHIDES KNP : HOST TO 2.9Mt @ 3 .1 % Ni (87,800t Ni)* LM8 TENURE UNDEREXPLORED Schematic & diagrammatic fashioned after image appearing
Slide 8: From Explorer to Aspiring Producer
FROM EXPLORER TO ASPIRING PRODUCER > PFS program nearing completion > Report Ore Reserves BAKER For personal use only > Negotiate offtake > PFS on Mineral Resource > Mine Proposal : dewater and re-enter FOSTER > News flow > grow the profile SILVER > MAKE ANOTHER DISCOVERY! LAKE/ > Estimate initial M
Slide 9: Baker: 0.93Mt @ 3.3% Ni (30,800t Ni)
BAKER : 0.93Mt @ 3.3% Ni (30,800t Ni)* 16 month aggressive ~ 20km drill programme Low Risk For personal use only Shallow depth well drilled data rich High Value Premium concentrate high in Ni,Cu,Co low in contaminates(As) Short Lead Time Permitting advanced existing mining lease key infrastructure P
Slide 10: Baker: 0.93Mt @ 3.3% Ni (30,800t Ni)
BAKER : 0.93Mt @ 3.3% Ni (30,800t Ni)* 16 month aggressive ~ 20km drill programme Low Risk For personal use only Shallow depth well drilled data rich High Value Premium concentrate high in Ni,Cu,Co low in contaminates(As) Short Lead Time Permitting advanced existing mining lease key infrastructure P
Slide 11: Foster: 1.95Mt @ 2.9% Ni (57,000t Ni)
FOSTER : 1.95Mt @ 2.9% Ni (57,000t Ni)* >9km existing decline development For personal use only Permitted Dewater & discharge, existing mining lease, key infrastructure in place Mineral Resource Available over 500 vertical metres as workings accessed MRE to PFS studies Explore option value of develo
Slide 12: Silver Lake/Fisher: Long South Gap
SILVER LAKE/FISHER : LONG SOUTH GAP Southern half of the famous For personal use only Kambalda Dome Adjacent to >0.47Mt of past Ni production^ 2-3km2 “gap” with no deep drilling Directly along strike ASX:MCR’s exciting from ASX:MCR’s AND new East Dome Long Operation Target Corridor# (292kt metal)^ ^
Slide 13: Coming Up – News Flow/Price Triggers
COMING UP – NEWS FLOW/PRICE TRIGGERS JUNE 2023 QUARTER / CY2023 Report Baker PFS & Ore Reserve For personal use only • Initiate offtake discussions for Baker • Commence PFS at Foster • Metallurgy, geotechnical and mine design for Warren, 85H, S16C/N14C, Foster South • Finalise cost to dewater/re-ent
Slide 14: Corporate Overview
CORPORATE OVERVIEW LUNNON METALS OVERVIEW Liam Twigger Ashley McDonald Corporate structure (ASX: LM8) Non-Executive Director close on 8 May 2023 Non-Executive Chair For personal use only Board 195.0m $1.015 ~$198m Market cap Ian Junk Deborah Lord Shares on issue Share price Non-Executive Director No
Slide 15: Investment Highlights
INVESTMENT HIGHLIGHTS Growth in forward facing commodity 4 historical Ni mines, 1 discovery For personal use only Aggressive drill campaigns, making discoveries Increasing mineral resources Expanding asset base Unparalleled Mining Address Long mining history Excellent local infrastructur
Slide 16: Thank You
THANK YOU For personal use only PLEASE COME SEE US AT BOOTH #60 ASX:LM8 #LM8 14
Slide 17: Important Notice – Competent Persons Statement
IMPORTANT NOTICE The information in this Presentation that relates to geology, nickel and gold mineralisation, Mineral Resources, Exploration Targets and Exploration Results is based on, and fairly represents information compiled and review ed by Mr Aaron Wehrle, a Competent Person who is a Member o
Slide 18: Mineral Resources Reporting
MINERAL RESOURCES REPORTING This presentation contains references to Lunnon’s Mineral Resources shown in a detailed breakdown below as at 31 March 2023. For personal use only 16
Slide 19: Important Notice and Disclaimer – Exploration Results Reporting
IMPORTANT NOTICE IMPORTANT NOTICE AND AND DISCLAIMER DISCLAIMER Exploration Results Reporting Exploration This Results presentation contains references toReporting Lunnon's exploration results and previous announcements. The information in this presentation that relates to previous exploration resul