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Lefroy Exploration Ltd.

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Summary

Project:

Lefroy

Deposit:Red Dale
Location:Australia
Commodities:Gold
Date:4/7/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:7-4-2020: Lefroy Exploration Ltd. announces an Exploration/Drilling Update report for its Red Dale deposit at the Lefroy project. Drilling results incl. 6m @ 2.0g/t Au from 40m. Lefroy Exploration Limited (ASX: LEX) (“Lefroy” or “the Company”) is pleased
Resources:(Resources, Total): 0.48Mt @ 1.26g/t Au at Red Dale
CP/QP:[Overall Report]: Wade Johnson (Internal)
ABSTRACT:Lefroy Exploration Limited (ASX: LEX) (“Lefroy” or “the Company”) is pleased to report on the results from a 35-hole resource extension reverse circulation (RC) drilling program completed at the Red Dale prospect. Red Dale is located within the Eastern Lefroy tenement package, that is part of the wholly owned greater Lefroy Gold Project (LGP) located 50km south east of Kalgoorlie. The prospect is located approximately 4km north east of the Company’s priority Lucky Strike prospect and is immediately north, and adjoins, Silver Lake Resources (ASX: SLR) Randalls Processing Operation that includes the now closed Salt Creek mine (Figure 1). The area known as the Lucky Strike exploration hub is a priority focus of activity by the company with new gold prospects identified at Havelock, Capstan, the Lucky Strike trend, complemented by the Neon Prospect in Lake Randall and the recent tenement application hosting the Burns Au-Cu prospect.

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