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Lefroy Exploration Ltd.
Summary
| Project: | Lefroy | |
|---|---|---|
| Deposit: | Zanex, LLT04 | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/20/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-6-2017: Lefroy Exploration Ltd. announces an Exploration/Drilling Update report for its Zanex, LLT04 deposit at the Lefroy project. Drilling results incl. 12m @ 0.6g/t Au from 44m. The Board of Lefroy Exploration Limited (ASX: LEX) (“Lefroy” or “the Co | |
| 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 for composite samples from a follow up early stage aircore drilling program along the Woolibar Trend within Lake Lefroy at its flagship Lefroy Gold Project (“LGP or Project”), located approximately 50km to the south east of Kalgoorlie, and 12km north west of the St Ives gold camp. The recent program consisting of 42 vertical aircore drill holes totaling 2225m evaluated the Zanex and LLT04 target areas that were defined from an initial drilling program in February 2017. The program utilised specialised lake drilling rig, with both targets being located some 5km from the Lake Lefroy shoreline. The results are considered significant given the early stage wide spaced nature of the program and when placed in the context of stripped regolith profile where the magnitude of an anomaly can be subdued, and the discovery history of the Invincible Gold Deposit 13km to the south west in Lake Lefroy. The Invincible and Invincible South gold discoveries at St Ives were generated from subtle gold anomalies from aircore drilling that lay dormant in the database for many years, because of the low tenor gold results and small geochemical footprint, and when considered with respect to a classical supergene model (Woodcock, et al, 2015). | |
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