• Hustler delivers a first-time Mineral Resource of 682kt at 1.4 g/t Au for 30,200oz
• Estimate will guide open pit technical studies and potential for development
• Opportunity to integrate Hustler with any second stage of open pit mining at Lady Herial

Lunnon Metals Limited (ASX: LM8) has reported an initial, first-time Mineral Resource estimate (MRE) for its Hustler gold deposit, at its Kambalda Gold & Nickel Project (KGNP). Hustler was discovered by Lunnon Metals in late 2021, with its very first drill hole after listing on the ASX. The initial Hustler MRE totals 682,000 tonnes at 1.4 g/t Au for 30,200 ounces. The Company has been able to rapidly progress gold exploration, discovery, definition, permitting, and agreements to enable mining to commence at the nearby Lady Herial deposit, with positive cash flow expected in the near future. The Hustler deposit is located approximately 400m to the southeast of the active Lady Herial open pit and can be accessed from the same haul road. Geological interpretation indicates a series of narrow stacked lenses within an upper and lower zone, both dipping gently to the northwest. Technical and financial analysis is ongoing to optimise the Hustler MRE with a view to a potential future open pit development that may operate in conjunction with any second stage of mining at Lady Herial. The Hustler deposit is readily accessible from existing major haul roads and directly accessible from the current Lady Herial mine infrastructure, providing an opportunity to integrate any potential development at Hustler with the current and potential future open pit mining at Lady Herial.