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Lefroy Exploration Ltd.
Summary
| Project: | Lefroy | |
|---|---|---|
| Deposit: | Lucky Strike | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 2/26/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-2-2020: Lefroy Exploration Ltd. announces an Exploration/Drilling Update report for its Lucky Strike deposit at the Lefroy project. Drilling results incl. 8m @ 18.6g/t Au from 145m. The Board of Lefroy Exploration Limited (ASX: LEX) (“Lefroy” or “the C | |
| 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 further outstanding results from a recent program of reverse circulation (RC) drilling at Lucky Strike, within the Eastern Lefroy tenement package (Figure 1). Eastern Lefroy is part of the greater Lefroy Gold Project (LGP) located 50km to the south east of Kalgoorlie. Lucky Strike and its strike extensions are wholly within the granted (12 April 2019) Mining Lease M25/366 (Figure 2). This release covers the results from a recent campaign of 37 holes (LEFR183-LEFR220) that were aimed at the definition of the shallow oxide mineralisation within the Banded Iron Formation host rock to underpin a maiden Resource Estimate. Lucky Strike is located approximately 35km north east of Gold Fields St Ives processing plant and 5km south west of the Randalls Processing Plant operated by Silver Lake Resources (ASX: SLR) (Figure 2). The Lucky Strike Trend was identified as a prospective structural corridor, adjacent to the regional scale Mt Monger Fault (Figures 1 & 2), after integration of previous exploration with detailed ground gravity data. | |
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