Lunnon Metals' exploration breakthrough

Lunnon Metals (ASX:LM8) has uncovered significant results from their shallow gold drilling east of the Foster nickel mine, part of the Kambalda Gold & Nickel Project (KGNP) in Western Australia. This exploration has confirmed the presence of both high-grade and low-grade gold mineralization, highlighting the area's potential for future exploration.

Lunnon Metals' future exploration plans

Lunnon Metals' recent announcement highlighted the success of their exploration efforts at the Kambalda Gold & Nickel Project. Key geological formations such as the Lunnon Sediment and Lunnon Basalt have shown potential to host gold, which bodes well for future exploration. The company reported promising drill results, including high-grade gold intersections. These results bolster the prospectivity of the Defiance West target, with planned drilling in early 2025, supported by a grant from the WA government. Lunnon Metals aims to explore new areas beyond traditional nickel targets, focusing on gold potential. The KGNP project, situated in a prolific mining region, remains a strategic focus as the company looks to further delineate gold resources and expand mineral resource estimates.

Executive insights on drilling success

The company's drilling program successfully intersected the Lunnon Sediment, a key host rock for gold in the region, within the Lunnon Basalt. This is significant as it confirms the potential of these rock units to host gold, which were historically under-explored.