Lunnon Metals (ASX:LM8) said two of the three reverse circulation drill holes completed at the Paringa West prospect at its Foster-Baker project in Western Australia intersected gold mineralization at the design target depth, confirming the interpretation of significant intercepts drilled in 2024, according to a Friday Australian bourse filing.
It encountered intercepts of eight meters at 5.52 grams per tonne grade of gold from 65 meters, as well as six meters at 1.49 g/t grade of gold from 54 meters.
The third hole returned lower-level anomalous gold assays at the target depth.