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Lunnon Metals Limited (ASX:LM8)

ALERT: Price-sensitive ASX Announcement for LM8
Current share price for LM8 : $0.305 -0.07 (-18.67%)+
Announcement
Release
7 May 2026 8:17AM
Price at Release
$0.375
Full Release
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Summary
Lunnon Metals Limited reported encouraging exploration results from the Paringa and Plentiful gold prospects within the Paringa Gold Belt, part of the Foster-Baker Project in Western Australia. Significant drill intercepts were recorded, with notable findings such as 14 meters at 2.62 g/t Au and visible gold being observed in reverse circulation (RC) drill chips for the first time at this site. These results support the project's potential, with further exploration planned, including a second Exploration Incentive Scheme (EIS) hole at Plentiful, co-funded by the Western Australian Government. The findings underscore the gold prospectivity of the area, adjacent to other productive gold fields.
Key Points
  • Continued exploration at Foster Baker Project shows promising results.
  • Paringa West drilling records significant gold intercepts.
  • Visible gold observed in RC chips for the first time at FBA.
  • Results affirm the prospectivity of the Paringa Gold Belt.
  • Second EIS hole commenced at Plentiful with WA Government support.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.