Lunnon Metals Ltd

Lunnon Metals Ltd listed on the ASX in June 2021, raising A$15 million to commence an aggressive exploration campaign at its Kambalda Nickel Project, in the heart of the famous Kambalda nickel district. The Company has grown rapidly on the back of multiple successes, including the discovery and then delineation of the Baker nickel shoot, declaring a first-time mineral resource within 9 months of its discovery and then doubling it again to ~31,000 tonnes of contained nickel in the next 6 months. In 2022, the Company reached agreement with its major shareholder Gold Fields Ltd, to acquire the mineral rights to the last two historical WMC nickel mines never previously transacted at Kambalda, the Silver Lake and Fisher mines (past production 161kt of nickel metal). This deal doubled the Companys footprint in the world-famous Kambalda belt and positions it to be a key player in the development and mining of this important forward-facing metal essential to the clean energy transition. ...