Lunnon Metals Limited · ASX:LM8
Lunnon Metals — Australian Gold Conference 2026
19 slides from Lunnon Metals's conference presentation, Oct 15, 2026
Slide 1: Lunnon Metals - Australian Gold Conference
ASX:LM8 LUNNON METALS DISCOVER . DEFINE . DELIVER Australian Gold Conference Edmund Ainscough | October 2026
Slide 2: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER This Presentation has been approved by the Board and prepared by employees of Lunnon Metals Ltd (“Lunnon”, “LM8” or “the Company”) on its behalf and is a summary only, and contains summary information about Lunnon and its activities, which is current as at the date of t
Slide 3: Two of Australia's Great Gold Camps
TWO OF AUSTRALIA’S GREAT GOLD CAMPS …linked by the… BOULDER-LEFROY FAULT ZONE • Total Past Production – St Ives Gold Camp (Multiple Past and Current Owners)2 ~186Mt @ 3.1 g/t Au (18.2 Moz mined) • Current St Ives Mineral Resources & Mineral Reserves (Gold Fields Ltd)3 Exclusive Measured & Indicated
Slide 4: Lunnon Metals Limited - Overview
Lunnon Metals Limited - Overview Corporate structure (ASX:LM8) Liam Twigger Edmund Ainscough OCTOBER 2026 Non-Executive Chair Managing Director Board 227.4m $0.335 ~$76m Shares on issue Share price Market cap Ashley McDonald Deborah Lord (13/10/2026) Non-Executive Director Non-Executive Director 13.
Slide 5: At the heart of the Great St Ives Gold Camp
…at the heart of LOCATION, LOCATION... the GREAT ST IVES GOLD CAMP Generated meaningful cash flow ST IVES >18Moz* GOLD Exploration upside in KAMBALDA 1.6Mt* NICKEL __________________ world-class district Leases under-explored for gold Track record of discovery Strategic tenure within major
Slide 6: The Pride of St Ives - Gold Fields' Invincible Mine
THE PRIDE OF ST IVES ~ GOLD FIELDS’ INVINCIBLE MINE • Invincible is located on 4.5km!! Gold Fields Ltd’s tenure at St Ives Source: www.goldfields.com/pdf/2025-diggers-and- dealers.pdf * Images sourced from Gold Fields Ltd’s website www.goldfields.com and are of the Invincible operations on Gold Fiel
Slide 7: Foster-Baker Gold Discovery Program
FOSTER-BAKER GOLD DISCOVERY PROGRAM • Field of view hosts >7Moz^ of past gold production on surrounding Gold Fields’ tenure • LM8 Gold program commenced early 2024 • Discovered Lady Herial (54.2koz* MRE) • Completed Scoping, Feasibility Study, made FID and started mining (7 months) • Discovered Hust
Slide 8: Lady Herial Delivered $39 Million
LADY HERIAL Measure Result vs. Feasibility Time < 6 months faster DELIVERED 100.7% of $39 MILLION Gold sold 14,910 Ore Reserve Operating cost $31.6m 5.0% higher Unit operating $104/t 7% lower $/ore tonne Free cash flow 70% FCF $39m …only 3.5% lower LM8 (pre-tax) (pre-tax, unaudited) AIC/oz $2,519 …j
Slide 9: FY2027: $13M Budget
Exploration Target ~ approx. 25-30Mt @ 1.5-2.5 g/t Au for 1.2-2.4Moz FY2027: $13M BUDGET Short-term goals Aiming to complete over 43km of drilling in FY’27 Long-term growth Make a Significant Discovery is the Goal Risk/Reward Under-explored belt, was historically a nickel belt, this will be the MOST
Slide 10: Under-explored in the 3rd Dimension
UNDER- EXPLORED IN THE 3RD DIMENSION 10
Slide 11: Gold Catalysts
FOSTER-BAKER at the HEART OF THE St IVES GOLD CAMP GOLD CATALYSTS • Aiming to make one or more significant gold discoveries • $13 million, 43km drill program on-foot • Under-explored, previous historical nickel belt • At heart of significant & prolific Australian gold camp and operations • 4.8mtpa L
Slide 12: Nickel is Back
…is BACK NICKEL Kambalda (in the news)!!! after……. “Nickel” Concentrator • Kambalda Nickel 2½ LONG YEARS… Concentrator has been on full care & maintenance since mid 2024 • BHP announced 1 that Gold Lunnon Metals will now Fields is acquiring the revisit/redo Scoping Study plant/site once transaction
Slide 13: Strategic Location
STRATEGIC LOCATION FBA HOSTS >95,000T* NICKEL METAL @ 3.0% LM8 lease package * See slide 19 for a breakdown of the nickel MRE. Drill traces coloured by gold as per legend. 13
Slide 14: Nickel Catalysts
FOSTER-BAKER: at the heart of THE KAMBALDA NICKEL DISTRICT Processing solution? Quality Sprint capacity Nearby Concentrator will be ASX listed company with Baker U/G mine has regulatory owned1 by Lunnon’s major Australian based nickel approval shareholder sulphide assets …permitted & High level of t
Slide 15: Why Lunnon Metals?
WHY LUNNON METALS? Ni Strong Balance Sheet Self-funded, nimble and ready to respond on GOLD or NICKEL Option on GOLD Leveraging cash generated to aggressively explore, offers an option on a significant discovery, in an under-explored belt within one of Australia’s best endowed gold production centre
Slide 16: Thank You, Appendices Follow
THANK YOU, APPENDICES FOLLOW 16
Slide 17: Competent Persons Statements
COMPETENT PERSONS STATEMENTS The Lunnon Metals MRE is reported in accordance with the Joint Ore Reserves Committee of the Australian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia (JORC): 2012 Edition of the Australasian Code for Reporting
Slide 18: Gold Mineral Resources / Ore Reserves Reporting
GOLD MINERAL RESOURCES / ORE RESERVES REPORTING This presentation contains references to Lunnon Metals’ gold Ore Reserves & Mineral Resources, which are shown in a detailed breakdown below. Gold Mineral Resources*^ at 8 August 2026 (>0.5 g/t Au cut-off) * total s may not add up exactl y due to round
Slide 19: Nickel Mineral Resources Reporting
NICKEL MINERAL RESOURCES REPORTING This presentation contains references to Lunnon Metals’ nickel Mineral Resources, which are shown in a detailed breakdown below. Baker Mineral Resource, by category and for all assayed elements, above a 1.0% Ni cut-off. Total Mineral Resources * at 30 June 2026 (>1