Lefroy Exploration Ltd

Lefroy Exploration (ASX: LEX) has achieved major milestones at its Lucky Strike gold project in the lead-up to the start of Stage 1 operations before year end. Lucky Strike contains a mineral resource estimate of 1.27 million tonnes grading 1.95 grams per tonne gold for 79,600 ounces, including an indicated 700,000t at 1.93g/t for 43,400oz […]

It’s not a fair comparison, strictly speaking, because they are very different metals but over the past four weeks signs have emerged of what might be a significant change in the mining world’s pecking order with gold starting to outperform the speculator’s favourite, lithium. That trend could continue into next year as governments take their […]

Most of the big names in Australian gold mining have had a rough ride recently as the gold price has struggled to reclaim last year’s all-time high, but it’s a different story at the small end of the game where exploration success is the key to share price movement. The difference between producers and explorers […]

Assays from one of the initial 10 drill holes at the Burns prospect owned by Lefroy Exploration (ASX: LEX) has produced “outstanding” high-grade gold and copper mineralisation. Burns is part of the company’s namesake Lefroy project area, located 60km southeast of Kalgoorlie. That hole, number 260, intersected 60m at 5.22 grams per tonne gold and […]