Lunnon Metals Limited has intersected a new mineralised structure estimated at a true width of 40 metres at the Benmore prospect, located within the Foster-Baker gold project in Western Australia.

The intercept was returned from the third diamond drill hole, JAN26DD_011, as part of the company’s $13 million fiscal 2027 exploration program. An interval prioritised for sampling returned 17.86 metres at 0.61 g/t gold from 301.60 metres downhole, with individual grades ranging from 0.03 g/t up to 8.37 g/t over 0.36 metres and 7.26 g/t over 0.32 metres.

The broader 90-metre sheared and foliated basalt and dolerite zone features quartz-carbonate breccias, veins, and an alteration assemblage containing albite, biotite, pyrite, and pyrrhotite.

Assay results remain pending for the remainder of diamond drill hole JAN26DD_011 at Benmore. Detailed logging and assays are also pending for follow-up diamond drill hole JAN26DD_012, along with assay results for diamond drill holes JAN26DD_008 and JAN26DD_009 on the Benmore drill section.

The Foster-Baker gold project encompasses multiple gold prospects, including Hustler, where Lunnon Metals has previously conducted definition drilling and metallurgical test work.

“The FY2027 drill program is self-funded by the successful Lady Herial open pit, to the tune of $13 million, allowing us to explore our ground at St Ives, an area at the heart of one of Australia's great gold camps. This first drilling at Benmore has identified a new gold mineralised structure in an area where extensive surface infrastructure has hindered exploration in the past. Benmore is still an early-stage conceptual target and further work is required to determine the orientation, extent and significance of the mineralisation intersected. However, these framework holes are not necessarily designed or expected to intersect gold mineralisation, which makes the identification of a new, gold mineralised structure in just the third hole drilled so much more satisfying.”

— Edmund Ainscough, Managing Director

Further drilling, geological interpretation, and assay results will be required to determine the overall scale, continuity, and significance of the mineralisation identified at Benmore as the framework drilling program continues.

Read the full announcement: New Gold Mineralised Structure Intersected at Benmore