Lunnon Metals Limited · ASX:LM8
Lunnon Metals — Noosa Mining Conference 2025
17 slides from Lunnon Metals's conference presentation, Jul 23, 2025
Slide 1: ASX announcement: Investor Presentation, Noosa Mining Conference
23 July 2025 INVESTOR PRESENTATION For personal use only Lunnon Metals Limited (ASX:LM8) is pleased to announce that Managing Director, Edmund Ainscough, will present to the Noosa Mining Conference at Peppers Noosa Resort today, 23 July 2025, at 3:10pm (AEST). A copy of the presentation to be delive
Slide 2: Lunnon Metals: St Ives, a Springboard for Growth
For personal use only LUNNON METALS ST IVES ~ A SPRINGBOARD FOR GROWTH 23 JULY 2025 Edmund Ainscough Noosa Mining Conference ASX: LM8 23 July 2025 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 activities, which is current as at the date of this Presentation (unless o
Slide 4: Mining leases in world-renowned belt
ADDRESS Mining Leases in world-renowned belt Australia’s “best gold camp that you never hear about”! FY2023 – 2024 EXPLORE, DISCOVER, MINE For personal use only St Ives: +16Moz gold camp* & 1.6Mt Ni district*: Kambalda GOLD & NICKEL Only ASX listed company with 100% ownership WESTERN AUSTRALIA of Mi
Slide 5: Lunnon Metals Overview: Corporate structure
LUNNON METALS OVERVIEW Corporate structure (ASX: LM8) For personal use only 22 JULY 2025 Liam Twigger Edmund Ainscough Non-Executive Chair Managing Director 220.6m $0.22 $48.5m Board Shares on issue Share price Market cap Ashley McDonald Deborah Lord Non-Executive Director Non-Executive Director 12.
Slide 6: Foster-Baker: at the heart of the great St Ives Gold camp
Foster-Baker: at the heart of the great St Ives Gold camp KAMBALDA For personal use only BETA-HUNT St Ives – over 16Moz* produced (WGX) • INTREPIDE since early 1980s GREATER REVENGE • Corridor approx. 32km x 7km • Bounded by Boulder-Lefroy and N Speedway Faults INVINCIBLE VICTORY DEFIANCE • Averaged
Slide 7: The Pride of St Ives – Gold Fields' Invincible
The Pride of St Ives – Gold Fields’ Invincible KAMBALDA For personal use only 6 * Images sourced from Gold Fields Ltd’s website www.goldfields.com and are of the Invincible operations on Gold Fields leases, prior to and after mining commenced.
Slide 8: Foster-Baker Gold Discovery Program
Foster-Baker Gold Discovery Program • Field of view hosts > 7Moz^ of past gold For personal use only production on Gold Fields’ tenure • LM8 Gold program commenced Q1 2024, drilled to date: • 19.7km RC (295 holes) • 4.2km DD (24 holes) • Discovered Lady Herial (29koz* MRE) and completed Scoping Stud
Slide 9: Lady Herial Scoping Study
Lady Herial Scoping Study Parameter Unit Result For personal use only Physicals Kilotonnes 300-320 Grade g/t Au ~1.8 Mine Design Ounces Au mined ~18,000 Ounces recovered ~15,400 Strip ratio Waste: ore tonnes 6.2 : 1 Measured Resource 89% Scoping Study* % underpinning the Indicated Resource 10% compl
Slide 10: Timeline – rapid progress, short fuse
Timeline – rapid progress, short fuse DISCOVERY TO POSITIVE SCOPING STUDY <14 MONTHS For personal use only 22 April 2024 – first results* 2024 2025 H1 ~4km of grade control, >125 holes First time Mineral Resource & Scoping Study Results: • 0.60m @ 10.84g/t Au (FOS24DD_010 from 10.0m) >4.7km RC/DD dr
Slide 11: Robust free cash flow generation (pre-tax) = low sensitivity
Robust free cash flow generation (pre-tax) = low sensitivity For personal use only -20% -10% 0% +10% +20% Study Financial Outcomes 4,500 42.5 39.9 37.3 34.6 32.0 Operating Free Cash Flow 4,750 46.2 43.6 41.0 38.3 35.7 A$M 5,000 50.0 47.3 44.7 42.1 39.4 4,500 4,750 5,000 5,250 5,500 5,250 53.7 51.0 4
Slide 12: Next Steps / Priorities
Next Steps / Priorities MRE: 0.57 million tonnes @ 1.6 g/t Au for 29,000 ounces1 For personal use only SCOPING STUDY: 0.30-0.32 million tonnes @ ~1.8 g/t Au for ~18,000 ounces1 HEADLINES IMPACT NEXT STEPS Detailed understanding; High confidence in geology Complete technical studies – confirm >9km dr
Slide 13: St Ives for Gold: Kambalda for Nickel
For personal use only ST IVES FOR GOLD : KAMBALDA FOR NICKEL 12
Slide 14: Appendices
For personal use only 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. 13
Slide 15: Competent Persons Statements
COMPETENT PERSONS STATEMENTS Any information in this presentation that relates to gold and nickel geology, or informed gold and nickel Mineral Resources, Exploration Targets, Exploration Results and the Company’s Historical Core Program, which includes the accessing, re-processing, re-logging, cutti
Slide 16: Gold Mineral Resources Reporting
GOLD MINERAL RESOURCES REPORTING This presentation contains references to Lunnon Metals’ Mineral Resources, which are shown in a detailed breakdown in the following slides. For personal use only Gold Mineral Resources^ at 30 June 2025 * total s may not add up exactl y due to rounding The Company con
Slide 17: Nickel Mineral Resources Reporting
NICKEL MINERAL RESOURCES REPORTING This presentation contains references to Lunnon Metals’ nickel Mineral Resources, which are shown in a detailed breakdown below. For personal use only Mineral Resources ^ * at 30 June 2025 The Company confirms that all material assumptions and technical parameters