Hustler Assay Results and Plentiful Update
| Stock | Lunnon Metals Ltd (LM8.ASX) |
|---|---|
| Release Time | 28 Jan 2026, 8:12 a.m. |
| Price Sensitive | Yes |
Hustler Assay Results and Plentiful Update
- Hustler in-fill results further define prospective gold zone, best intercepts include 20m @ 1.66g/t Au, 17m @ 1.50g/t Au,16m @ 1.39g/t Au and 28m @ 1.02g/t Au
- Modelling of gold mineralisation will guide prospectivity ranking and potential future work
- Plentiful EIS diamond hole complete, detailed logging, assays and interpretation on-foot
Lunnon Metals Limited (ASX: LM8) is pleased to provide an update on the progress of exploration at two of the Company's high-ranking targets at the Foster-Baker Gold Project (FBA), at St Ives/Kambalda. Hustler Results from the latest reverse circulation (RC) drilling program at the Hustler prospect have been returned, with the current zone of mineralisation identified to date recording multiple gold intercepts. Significant results include 28m @ 1.02g/t Au, 17m @ 1.50g/t Au, 16m @ 1.39g/t Au and 20m @ 1.66g/t Au. The new drilling also indicates that the mineralisation may not extend all the way to surface at its fullest width, possibly resulting from the influence of a late, east-west striking, north dipping weakly gold bearing quartz structure which is mapped at surface. The Company will now model the gold mineralisation defined to date and run open pit optimisation exercises to test whether Hustler warrants further drilling to advance it to the next stage of exploration. Plentiful Exploration Incentive Scheme (EIS) The first diamond drill hole in the EIS program at the Plentiful Prospect is now complete and in the process of being logged in detail and sampled. Assay results and interpretation will follow in due course. The Company acknowledges the contribution and support that the Department of Mines, Petroleum and Exploration EIS program provides.