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Lunnon Metals Advances Lady Herial Gold Project, Strengthens Nickel Assets

4:16am on Monday 2nd of June, 2025 AEST Mining
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Lunnon Metals Advances Lady Herial Gold Project, Strengthens Nickel Assets

4:16am on Monday 2nd of June, 2025 AEST
Key Points
  • Robust drilling results at Lady Herial gold deposit with high-grade, shallow mineralisation
  • Approved mining leases and proposals for Baker-Foster nickel project with 113,600t Ni resource
  • $17.8 million cash position and zero debt supporting near-term development
  • Ongoing negotiations for ore sale agreements with major regional players
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