Lunnon Metals (ASX:LM8) said site establishment and clearing activities started at the Lady Herial gold deposit in Western Australia after the board earlier approved a final investment decision, according to a Monday Australian bourse filing.
The company signed key mining contracts with Hampton Mining & Civil Services and Goldfields Technical Services, the filing said. The mining of first gold ore is scheduled for late this month.
Lunnon Metals' shares jumped over 7% in recent trading on Monday.