High Grade Gold at Hustler & Defiance West EIS Update
| Stock | Lunnon Metals Ltd (LM8.ASX) |
|---|---|
| Release Time | 9 Sep 2025, 8:22 a.m. |
| Price Sensitive | Yes |
High Grade Gold at Hustler & Defiance West EIS Update
- Infill drilling at Hustler returns significant gold assay results
- Two distinct mineralised gold structures identified at shallow depths
- Second Defiance West EIS hole intersects anomalous silver and zinc
Lunnon Metals Limited (ASX: LM8) has reported on the progress of exploration programs at Hustler and Defiance West, both priority targets at its Kambalda Gold & Nickel Project. Hustler highlights: Gold assays from follow-up reverse circulation (RC) drilling have confirmed a robust mineralised structure, with multiple significant drill results including 20m @ 1.48g/t Au, 4m @ 2.95g/t Au and 3m @ 1.97g/t Au. The updated geological interpretation indicates Hustler has two dominant structures, a main thicker structure with sub-horizontal components near surface and a second structure below in the footwall. Defiance West: The second diamond drill (DD) hole in the program, LBS25DD_002, intersected anomalous silver, copper and zinc intervals within an extensive iron-sulphide rich sediment. While no significant gold mineralisation was observed, the structural complexity indicated by the detailed logging maintains the prospectivity of this target, and further investigation is warranted. The new data collected will assist in guiding future target generation in this essentially untested area down plunge of the extensive multi-million ounce Victory-Defiance-Conqueror mineralised system.
The Company's objective in pursuing repeats of the nearby Lady Herial deposit is to position itself to effectively self-fund an extensive discovery program at higher risk, higher reward targets like Defiance West, Plentiful and others, seeking to discover the next significant gold deposit in the +16Moz St Ives gold camp.