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How Will Lunnon Metals’ New Deal Unlock Lady Herial’s Gold Potential?
9:23am on Friday 19th of September, 2025 AEST
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Mining
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How Will Lunnon Metals’ New Deal Unlock Lady Herial’s Gold Potential?
9:23am on Friday 19th of September, 2025 AEST
Key Points
Ore Purchase Agreement signed between Lunnon Metals and Gold Fields’ St Ives Gold Mining
Agreement covers proposed short-life, high-grade Lady Herial open pit gold project
Free cash flow to be shared 70% to Lunnon Metals, 30% to Gold Fields
Shareholder approval and mining permits pending before operations commence
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