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Lunnon Metals Identifies High-Grade Gold at Western Australia Deposit

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Lunnon Metals (ASX:LM8) said it identified high-grade gold mineralization during recent drilling at the Hustler gold deposit, located 400 meters southeast of its active Lady Herial gold open pit at the Foster-Baker gold project in Western Australia, according to a Tuesday Australian bourse filing.

The results were up to one meter at 22.22 grams per tonne gold from one meter and five meters at 2.18 grams per tonne gold from 54 meters.

The company said recent exploration activities have focused on de-risking the adjacent Hustler gold deposit via a program of infill drilling, it added.

The company's shares rose 5% on market close.

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