Lunnon Metals Limited · ASX:LM8
Lunnon Metals — RIU Explorers Conference 2026
22 slides from Lunnon Metals's conference presentation, Feb 18, 2026
Slide 1: RIU Explorers Conference Presentation ASX Announcement
ASX ANNOUNCEMENT ASX ANNOUNCEMENT 18 February 2026 RIU EXPLORERS CONFERENCE PRESENTATION For personal use only Lunnon Metals Limited (ASX:LM8) is pleased to announce that Managing Director, Edmund Ainscough, will present at: RIU Explorers Conference at the Esplanade Hotel, Fremantle tomorrow, 19 Feb
Slide 2: A springboard for growth - RIU Explorers Conference Fremantle 2026
ST IVES RIU EXPLORERS CONFERENCE This slide is 100% editable. FREMANTLE 2026 For personal use only A springboard Adapt it to your needs and forattention. growth… capture your audience’s This slide is 100% editable. Adapt it to your needs and capture your audience’s attention. ASX : LM8 Edmund Ai
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: 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 Boulder-Lefroy Fault Zone BETA-HUNT • St Ives – over 16Moz* produced (WGX) since early 1980s For personal use only INTREPIDE GREATER REVENGE • Corridor approx. 30km x 7km • Bounded by Boulder-Lefroy and N INVINCIBLE Speedway Faults V
Slide 5: The Pride of St Ives – Gold Fields' Invincible Mine
The Pride of St Ives – Gold Fields’ Invincible Mine KAMBALDA 4.5km!! For personal use only Source: www.goldfields.com/pdf/2025-diggers-and-dealers.pdf Invincible is located on Gold Fields Ltd’s tenure at St Ives 4 * Images sourced from Gold Fields Ltd’s website www.goldfields.com and are of the Invi
Slide 6: Foster-Baker Gold Discovery Program
Foster-Baker Gold Discovery Program • Field of view hosts >7Moz^ of past gold production on surrounding Gold Fields’ For personal use only tenure • LM8 Gold program commenced Q1 2024, drilled to date: • 36.9 km RC (649 holes) >2km/month • 5.7 km DD (26 holes) • 6.0 km Aircore (146 holes) • Discovere
Slide 7: Kambalda-St Ives (a story of nickel & gold)
Kambalda-St Ives (a story of nickel & gold) Gold vs Nickel – drill metres by year Nickel # WMC recognise gold For personal use only opportunity at Hunt & Victory ..then Gold WMC start …then Nickel to sell Ni mines WMC sell LM8 St Ives IPO Foster & Jan WMC^ produced >91kt Ni LM8 has discovered & repo
Slide 8: Lady Herial zoom-in – all drilling pre-LM8
381,000mE 384,000mE 387,000mE “Excluded Area” Defiance West For personal use only 6,531,000mN Paringa West N Plentiful Lady Herial All drilling (+/-25m) Hustler / Surface Koombana 1500m Grid: GDA94/MGA Zone 51 Lady Herial zoom-in – all drilling pre-LM8 Cooee Kenilworth EIS 6,528,000mN N 200m “Exclud
Slide 9: Drilling 100m below surface
381,000mE 384,000mE 387,000mE “Excluded Area” Warren Ni Defiance West Baker For personal use only Ni 6,531,000mN Paringa West N Plentiful Lady Herial All drilling (+/-25m) Hustler / 100m below surface Koombana 1500m Grid: GDA94/MGA Zone 51 Cooee Kenilworth EIS Jan Ni 6,528,000mN “Excluded Area”
Slide 10: Drilling 300m below surface
381,000mE 384,000mE 387,000mE “Excluded Area” Warren Ni Defiance West Baker For personal use only Ni 6,531,000mN Paringa West N Plentiful Lady Herial All drilling (+/-25m) Hustler / 300m below surface Koombana 1500m Grid: GDA94/MGA Zone 51 Cooee Kenilworth EIS Jan Ni 6,528,000mN “Excluded Area”
Slide 11: Drilling 500m below surface
381,000mE 384,000mE 387,000mE “Excluded Area” Warren Ni Defiance West For personal use only 6,531,000mN Paringa West N Plentiful Lady Herial All drilling (+/-25m) Hustler / 500m below surface Koombana 1500m Grid: GDA94/MGA Zone 51 Cooee Kenilworth EIS Jan Ni 6,528,000mN “Excluded Area”
Slide 12: Lady Herial Feasibility Study
Lady Herial Feasibility Study# Robust Operating Free Cash Flow (A$M pre-tax) For personal use only 40.37 5,000 5,500 6,000 6,250 6,500 7,000 70% 27.8 32.8 37.8 40.4 42.9 47.9 Sensitivity to A$ Gold Price (horizontal) vs LM8’s 70% share of free cash flow (pre-tax) Robust Margins (A$M pre-tax) 40.37 -
Slide 13: Ore Purchase Agreement with SIGMC
Ore Purchase Agreement with SIGMC1 Lady Herial: 0.27 million tonnes @ ~1.89 g/t Au for 16,270 ounces2 For personal use only COMMERCIAL TERMS MINING STARTED • Sell gold ore2 >0.5g/t Au to SIGMC • First blast Wednesday 18 Feb ‘26 • First ore delivery scheduled end Feb ‘26 • Gold sold will be calculate
Slide 14: Discovery to Mine in ~20 months
Discovery to Mine in ~20 months UPPER • 7m @ 34.38g/t Au (LDH25RC_325 from 5m) including 4m @ 59.28g/t Au (>1.0g/t Au) For personal use only • 26m @ 6.37g/t Au (LDH25RC_160 from 9m) including 8m @ 9.90g/t Au & 10m @ 8.22g/t Au (>1.0g/t Au) • 14m @ 18.07g/t Au (LDH25RC_164 from 20m) including 2m @ 12
Slide 15: Kambalda – home of high-grade Nickel Sulphides
Kambalda – home of high-grade Nickel Sulphides NICKEL MINERAL RESOURCE: Baker 1Mt @ 3.3% Ni for 33,700t metal1 Foster 2Mt @ 2.9% Ni for 58,400t metal1 For personal use only BHP – NICKEL WEST LUNNON METALS Owns the Kambalda Nickel Concentrator High-grade, high-quality, low deleterious Kambalda Nickel
Slide 16: …in the heart of the great St Ives Gold camp
…in the heart of the great St Ives Gold camp SUCCESSFUL EXPLORER KAMBALDA WORLD CLASS ADDRESS GOLD & NICKEL BETA-HUNT ST IVES 16Moz* for GOLD (WGX) For personal use only WESTERN AUSTRALIA INTREPIDE KAMBALDA 1.6Mt* for NICKEL __________________ GREATER REVENGE __________________ STRONG CASH POSITION
Slide 17: Lunnon Metals Overview
LUNNON METALS OVERVIEW Corporate structure (ASX:LM8) FEBRUARY 2026 only Liam Twigger Edmund Ainscough Non-Executive Chair Managing Director 223.3m $0.395 $88m Board Shares on issue Share price Market cap (close 17/02/2026) For personal use Ashley McDonald Deborah Lord Non-Executive Director Non-Exec
Slide 18: St Ives for Gold : Kambalda for Nickel
For personal use only ST IVES FOR GOLD : KAMBALDA FOR NICKEL 17
Slide 19: Appendices
This slide is 100% editable. For personal use only 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. 18
Slide 20: Competent Persons Statements
COMPETENT PERSONS STATEMENTS Mr. Aaron Wehrle is the Company’s principal Competent Person and takes overall responsibility for any information in this presentation and previous announcements that relates to gold and nickel geology, or informed gold and nickel Mineral Resources, Exploration Targets,
Slide 21: Gold Mineral Resources / Ore Reserves Reporting
GOLD MINERAL RESOURCES / ORE RESERVES REPORTING This presentation contains references to Lunnon Metals’ gold Ore Reserves & Mineral Resources, which are shown in a detailed breakdown below. Gold Mineral Resources* at 18 November 2025 (>0.5g/t Au cut-off) For personal use only * total s may not add u
Slide 22: 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. Mineral Resources * at 30 June 2025 (>1.0% Ni cut-off) For personal use only The Company confirms that, all material assumptions and tec