Lunnon Metals Limited (AU:LM8) has released an update.
Lunnon Metals Limited has announced a significant increase in their Baker nickel deposit resource estimate, with the updated figures now showing 1.0 million tonnes at 3.3% Nickel, resulting in 33,700 tonnes of contained nickel metal. This sizable reserve is conveniently located within 350 meters of the surface and follows extensive drilling campaigns. The company, which has a history of robust nickel mining at Kambalda, is positioned well for future development, especially with the recent approval of a Mining Proposal for the Baker site.
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