Lady Herial is Lunnon's first gold discovery and a shallow open pit on granted mining leases within the Foster-Baker area. Open-pit mining was completed in early August 2026, ahead of the January 2026 Feasibility Study schedule. Ore was sold to St Ives Gold Mining Co. and treated at the nearby Lefroy Gold Plant under an agreement that allocates 70% of project free cash flow to Lunnon. The final ore sales invoice has been sent to St Ives Gold Mining Co. Pty Ltd and reconciliation against the Feasibility Study is complete. Upon payment of final invoices, Lady Herial will have generated approximately A$39 million in pre-tax, unaudited free cash flow for Lunnon Metals.
- Country
- Australia
- Commodity
- Au
- Stage
- Production