Lady Herial (Kambalda Gold & Nickel Project), WA
Lunnon Metals Limited (LM8) | Feasibility Study and initial Ore Reserve | Released 16 Jan 2026
Inferred share: Reserve-based, no Inferred
Figures are as the company states them, in its currency and on its basis. "Not disclosed" means the release doesn't state the figure.
Planning inputs
Reserve-based, no Inferred | Inter-ramp 25° saprolite, 36° sector B, 33° sector C | Dilution 20%, ore loss 5% in optimisation; ~48% dilution in bench design | Contractor mining
Also in the release
Proved Ore Reserve 268,250t @ 1.89g/t Au, sold to SIGM for the Lefroy plant at 91.0% recovery. AIC $2,354/oz. Pre-tax free cash flow $40.4M (70% share) at $6,250/oz. Mine design by MGT.
Read the release on the company's siteAdded to the tracker; released before the first issue of The Study Sheet.
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