Lunnon Metals: Returns nickel assays at Foster Nickel Mine

Lunnon Metals Returns nickel assays at Foster Nickel Mine

• Lunnon Metals (LM8) has returned assay results for its wholly-owned, Western Australia based nickel mine
• The diamond drill series returned 7.7 metres at 2.92 per cent nickel from 315.2 metres downhole where historical studies confirmed unmined nickel mineralisation
• According to the announcement, the Foster tenement is adjacent to an area with a JORC mineral resource value at 85 hectares of 16,000 tonnes of nickel at 2.4 per cent nickel
• The Foster mine falls within the larger Kambalda Nickel District (KND). The 23 square kilometre district is home to 19 active mines leases and has been operating for 55 years
• LunnonMetals shares were down 2.02 per cent to 48.5 cents