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Lefroy Exploration Ltd.
Summary
| Project: | Lefroy | |
|---|---|---|
| Deposit: | Lefroy | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/29/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-6-2020: Lefroy Exploration Ltd. announces an Exploration/Drilling Update report for its Lefroy deposit at the Lefroy project. Drilling results incl. 5m @ 1.85g/t Au from 84m. Lefroy Exploration Limited (ASX: LEX) (“Lefroy” or “the Company”) is pleased | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] Wade Johnson (Internal) | |
| ABSTRACT: | Lefroy Exploration Limited (ASX: LEX) (“Lefroy” or “the Company”) is pleased to provide and update to activities on the Western Lefroy JV tenement package. Importantly, Gold Fields Limited (NYSE: GFI) (“Gold Fields”) has provided an export of validated drill results from the aircore (AC) drilling program completed in April 2020 on the Company’s tenements over Lake Lefroy and the adjacent Lake Randall (Figure 1). The recent drilling program complements the major phase of foundation aircore drilling that commenced in late January 2019 and is part of the $25million Farm-In and Joint Venture (JV) agreement between Lefroy and Gold Fields that commenced in June 2018. The tenements form part of the Western Lefroy tenement JV package that cover 372km2 adjoining the St Ives gold camp (Figure 1). Western Lefroy is part of the wholly owned greater Lefroy Gold Project (LGP) located 50km south east of Kalgoorlie. The Company maintains exploration at the non-JV Eastern Lefroy which covers priority prospects at Lucky Strike, Red Dale and Hang Glider Hill (Figure 1) | |
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