LEX
Lefroy Exploration Ltd
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Company 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 […]
Lefroy Exploration discovers more high-grade gold at Lucky Strike prospect
A 37-hole drilling campaign at Lefroy Exploration’s (ASX: LEX) Lucky Strike gold target near Kalgoorlie has delivered multiple high-grade gold intersections and advanced understanding of the geometry of the two plunging mineralised structures. Drilling over 5,401m commenced last month on 10 drill sections to evaluate approximately 480m of strike immediately to the south-east of the […]
Lefroy Exploration intersects thick high-grade gold at Lucky Strike
Step out drilling at Lefroy Exploration’s (ASX: LEX) Lucky Strike prospect has pulled up thick intersections of high-grade gold. The company has completed a 27-hole for 4,274m reverse circulation program at the prospect and identified mineralisation extends a further 320m along strike to the south-east. Better intersections were 18m at 6.57 grams per tonne gold […]
Lefroy Exploration gets lucky with high grade gold returns at Lucky Strike
Lefroy Exploration (ASX: LEX) has struck high grade gold during reverse circulation (RC) drilling at the Lucky Strike deposit in Western Australia’s Eastern Goldfields region. The gold explorer today reported that the recovery of further multiple shallow intersections has served to strengthen and expand a previous discovered gold system hosted within a banded iron formation […]
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