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Lefroy Exploration Ltd.
Summary
| Project: | Lefroy | |
|---|---|---|
| Deposit: | Lake Lefroy | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/3/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-4-2017: Lefroy Exploration Ltd. announces an Exploration/Drilling Update report for its Lake Lefroy deposit at the Lefroy project. Drilling results incl. 4m @ 2.39g/t Au from 88m. The Board of Lefroy Exploration Limited (ASX: LEX) (“Lefroy” or “the Comp | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Wade Johnson (Internal) | |
| ABSTRACT: | The Board of Lefroy Exploration Limited (ASX: LEX) (“Lefroy” or “the Company”) is pleased to announce the receipt of final assay results from composite samples from its early stage Lake Lefroy aircore drilling program at its flagship Lefroy Gold Project (“LGP” or “Project”), located approximately 50km to the south east of Kalgoorlie. The results from this preliminary exploration program have reaffirmed the Company’s concept of the emerging gold prospectivity along or proximal to the Woolibar Fault.. Reflecting on the results of the lake drilling program Lefroy Exploration Limited Managing Director, Wade Johnson said “these are encouraging early results from a wide spaced and shallow drill program testing geophysical targets within the vast openness of Lake Lefroy. We are pleased to have delineated three gold anomalies that warrant further evaluation from our first phase of exploration and scheduling follow up drilling for May. The Company completed an early stage aircore drill program in February 2017 to evaluate seven priority target areas located within the eastern part of Lake Lefroy in its wholly owned tenements (Figure1). The seven targets evaluated comprised six conceptual targets defined from geophysical datasets and one geochemical target known as the Zanex Prospect, where previous drilling by Cyprus Gold Australia Limited in 1997 intersected 6m at 2.97gpt Au from wide spaced aircore drilling, that has never been followed up. | |
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