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Transaction Announcement Reports
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Project: | Lefroy | |
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Deposit: | Lefroy | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 12/3/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 3-12-2018: Lefroy Exploration Ltd. announces an Exploration/Drilling Update report for its Lefroy deposit at the Lefroy project. Drilling results incl. 8m @ 3.15g/t Au from 48m. The Board of Lefroy Exploration Limited (ASX: LEX) (“Lefroy” or “the Company” | |
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 results from a recent focused reverse circulation (RC) drilling program at Lucky Strike, within the Eastern Lefroy tenement package (Figure 1), that is part of the greater Lefroy Gold Project (LGP) located 50km to the south east of Kalgoorlie Lucky Strike is approximately 5km to the northwest of the high-grade Lucky Bay open pit, mined by Silver Lake Resources (ASX: SLR) during 2015, and is 5km south west of the Randalls Processing Plant operated by SLR (Figure 2). The recently announced (ASX: LEX 26 November 2018) Havelock Trend, also BIF hosted mineralisation, is 1.2km to the south. The Lucky Strike Trend was identified as a prospective structural corridor adjacent to the regional Mt Monger Fault after integration of previous exploration with a detailed ground gravity data. Gold mineralisation at Lucky Strike is hosted within a Banded Iron Formation (BIF). | |
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