Lunnon Metals Limited · ASX:LM8
Lunnon Metals — Noosa Mining Conference July 2026
20 slides from Lunnon Metals's conference presentation, Jul 22, 2026
Slide 1: Discover Define Deliver
For personal use only DISCOVER DEFINE DELIVER ASX: LM8
Slide 2: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER This Presentation has been approved by the Board and 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 t
Slide 3: Two of Australia's Great Gold Camps
Two of Australia’s Great Gold Camps Boulder – Lefroy Fault Zone Total Past Production – St Ives Gold Camp For personal use only (Multiple Past and Current Owners)2 • 182.4Mt @ 3.1 g/t Au (18.0 Moz mined) Current St Ives Mineral Resources & Mineral Reserves (Gold Fields Ltd)3 Exclusive Measured & Ind
Slide 4: In the heart of the great St Ives Gold camp
…in the heart of the great St Ives Gold camp KAMBALDA WORLD CLASS ADDRESS Generating meaningful BETA-HUNT ST IVES 18Moz* for GOLD (WGX) cash flow For personal use only INTREPIDE KAMBALDA 1.6Mt* for NICKEL Exploration upside in GREATER __________________ world-class district REVENGE N 10% of one of A
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 5 * Images sourced from Gold Fields Ltd’s website www.goldfields.com and are of the Inv
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 early 2024 • Discovered Lady Herial (54.2koz* MRE) • Completed Scoping, Feasibility Study, made FID and started mining (7 mon
Slide 7: For personal use only
381,000mE 384,000mE 387,000mE “Excluded Area” Warren Ni Defiance West Baker Ni For personal use only 6,531,000mN Paringa N West 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 8: For personal use only
381,000mE 384,000mE 387,000mE “Excluded Area” Warren Ni Defiance West Baker Ni For personal use only 6,531,000mN Paringa N West 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 9: For personal use only
381,000mE 384,000mE 387,000mE “Excluded Area” Warren Ni Defiance West For personal use only 6,531,000mN Paringa N West 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 10: FY2027: $13M budget: Significant Discovery the Goal
FY2027: $13M budget : Significant Discovery the Goal Exploration Target ~ approx. 25-30Mt @ 1.5-2.5 g/t Au for 1.2-2.4Moz For personal use only The Company highlights that the Exploration Target, and the potential quantity and grade reported, is conceptual in nature, there has been insufficient expl
Slide 11: Lady Herial Feasibility Study
Lady Herial Feasibility Study# Robust Operating Free Cash Flow (A$M pre-tax) 40.37 5,000 5,500 6,000 6,250 6,500 7,000 Progressive rehabilitation of For personal use only 70% 27.8 32.8 37.8 40.4 42.9 47.9 waste dumps Sensitivity to A$ Gold Price (horizontal) vs LM8’s 70% share of free cash flow (pre
Slide 12: First drill hole to first ore … in months
First drill hole to first ore …… in 22 months First Blast Feb’26 For personal use only Drilling'24/25 End of June’26 ~90% volume 66% gold MINED First Ore Feb’26 Clearing Jan’26 12 Scoping Study Jun’25
Slide 13: 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 BHP’s LUNNON METALS Kambalda Nickel Concentrator Owns the Kambalda Nickel Concentrator High-grade, high-quali
Slide 14: Lunnon Metals Limited - Overview
Lunnon Metals Limited - Overview Corporate structure (ASX:LM8) Liam Twigger Edmund Ainscough JULY 2026 Non-Executive Chair Managing Director only For personal use Board 223.3m $0.29 ~$65m Shares on issue Share price Market cap Ashley McDonald Deborah Lord (21/07/2026) Non-Executive Director Non-Exec
Slide 15: Discover Define Deliver (repeat)
DISCOVER For personal use only DEFINE DELIVER (repeat)
Slide 16: ASX: LM8
For personal use only ASX: LM8
Slide 17: Lady Herial – snapshot
Lady Herial – snapshot 0.27 million tonnes @ ~1.89 g/t Au for 16,270 ounces2 OPA1 COMMERCIAL TERMS For personal use only • Selling gold ore >0.5 g/t Au to SIGMC Lady Herial Mine Ore Pad : OPA point of sale $ • No post-production sampling • Share FCF 70% LM8 : 30% SIGMC THIRD PARTIES DOING THE WORK •
Slide 18: Competent Persons Statements
COMPETENT PERSONS STATEMENTS The Lunnon Metals MRE is reported in accordance with the Joint Ore Reserves Committee of the Australian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia (JORC): 2012 Edition of the Australasian Code for Reporting
Slide 19: 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 12 March 2026 (>0.5g/t Au cut-off) Measured Indicated Inferred Total For personal u
Slide 20: 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 2026 (>1.0% Ni cut-off) For personal use only The Company confirms that, all material assumptions and tec