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The latest update is out from Lunnon Metals Limited ( (AU:LM8) ).
Lunnon Metals Limited has completed the first of two holes in its co-funded Exploration Incentive Scheme (EIS) program at the Defiance West target, part of its Kambalda Gold & Nickel Project. The drilling, supported by the Western Australian Government, aims to explore the potential for gold in the area. The initial hole reached its planned depth and intersected expected geological structures, with further analysis and adjustments planned for the second hole to optimize exploration efforts.
More about Lunnon Metals Limited
Lunnon Metals Limited is a company operating in the mining industry, focusing on gold and nickel exploration and development. The company is engaged in projects such as the Kambalda Gold & Nickel Project, aiming to explore and expand its mineral resources.
YTD Price Performance: -20.0%
Average Trading Volume: 129,901
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on LM8 stock on TipRanks’ Stock Analysis page.