Lefroy Exploration Ltd
Lefroy Exploration Limited is an exploration company focused on expanding and developing its gold and critical minerals portfolio in Western Australia.
The business
Lefroy Exploration Limited is an exploration company focused on expanding and developing its gold and critical minerals portfolio in Western Australia. The Company’s Lefroy Project is a contiguous and wholly granted 635 square kilometers land package, located approximately 50 kilometers (km) southeast of Kalgoorlie. The Lefroy Project incorporates about 246 square kilometers Western Lefroy package. The Western Lefroy package covers the prospective Woolibar Trend. The Mt Martin Gold Mine lies within the western boundary of about 76 square kilometers freehold title, Location 45, in its greater Lefroy Gold Project (LGP) approximately 30 km south of Kalgoorlie. Burns is an alkalic gold-copper-molybdenum-silver-cobalt porphyry mineral system. Its nickel portfolio includes the Goodyear Nickel Deposit within Location 45, Carnilya South 6 km east of Goodyear, the Lake Johnston Project about 120 km west of Norseman, and the 2872 square kilometers Glenayle Project about 210 km north of Wiluna.
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Latest news
Lefroy Exploration Advances Towards Stage 1 Start-Up at Lucky Strike Gold Project
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 […]
Gold outperforms as investors seek safe haven
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 […]
Gold’s divided market, sliding majors and rising juniors
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 […]
Lefroy Exploration unearths high-grade gold and copper southeast of Kalgoorlie
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 […]
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