Lefroy Exploration Ltd Company Profile

Targeting multi-million ounce gold discoveries

Lefroy Exploration Limited is a Perth based gold explorer focused on greenfields exploration in Western Australia, targeting multi-million ounce gold discoveries.

  • Company
    Lefroy Exploration Ltd
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  • Sector
    Metals & Mining
  • Industry
    Diversified Metals & Mining
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Company Overview

Lefroy Exploration's flagship project is the Lefroy Gold Project located 60km South of Kalgoorlie and covers over 598km2. The project is split into two parts:

  • Eastern Lefroy – where LEX undertakes early stage greenfields exploration and has had success in defining a number of new exploration targets along the Mt Monger Fault with a potential strike length of >20km; and
  • Western Lefroy– where global gold producer Gold Fields (JSE:GFI) is farming in and bringing its significant regional geological knowledge and vast resources to the project.

Both Eastern and Western Lefroy are considered highly prospective for major gold discoveries and lie in a historically under-explored area within a highly prospective geological location near Kalgoorlie.

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All The Right Ingredients

Lefroy has the funding, the land and the team necessary for a potential large greenfields gold discovery.

Intercepts at the Eastern Lefroy project to date have shown high-grade, including 18m at 6.57g/t Au from 68m (LEFR140) at its Lucky Strike prospect.

Prime Location

The Lefroy Gold Project is well serviced and easily accessible being 60km from the mining town of Kalgoorlie and four mills being within 40km of the project

Aggressive Drilling

Lefroy is fully funded to execute on its plan for an aggressive exploration campaign at Eastern Lefroy, and has also partnered with mining behemoth Gold Fields to exploit its Western tenement package

Company Presentation

Click here to view all of Lefroy's latest presentation

High Grades at Eastern Lefroy

Drilling at Eastern Lefroy has shown promising results to date, including 5m at 13.63g/t, 18m at 6.57g/t and 17m at 3.58g/t. Infill and extensional targets along strike are expected to be tested to further understanding of the ore body and its continuity.


Click here to view Investment Research on Lefroy

The 18m Intercept

This new 18m at 6.57 g/t intercept is the highest gram metre intersection recorded to date at Lucky Strike and supports the existence of a new south east plunging lode within the BIF hosted mineralisation. It is open and will be tested with further drilling.

See the results

Click here to see recent step out results at Lucky Strike

Favourable Geology & Location

Eastern Lefroy sits within a Banded Iron Formation (or "BIF") and is oxidised down to ~200m of depth. In addition, the project 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). Further tenement applications to the east of the Randalls Processing Plant have also been made.

Fully Funded

World-renown Gold Fields (JSE:GFI, ~US$70bn market capitalisation) are earning up to 70% in the Western portion of the Lefroy project by spending up to A$25m. Having recently completed a A$3.8m capital raise, Lefroy Resources is now able to focus their efforts on its 100% owned Eastern Lefroy project.

Prime Real Estate

Lefroy's extensive land holding lies in a historically under-explored area within a highly prospective geological location near Kalgoorlie.
Clock icon Information current at 21 October 2019
This section contains information provided by Lefroy Exploration Ltd, with the exception of any sections labeled as "risks". Although all due care has been taken, Mawson Graham ("SmallCapInsider") does not warrant the accuracy of the information provided in this section. It is not intended as an offer, invitation solicitation or recommendation with respect to the purchase or sale of any securities. The above information should not be relied upon as the sole representation of any matter that a potential investor should consider in evaluating Lefroy Exploration Ltd. Its affiliates or any of its directors, agents, officers or employees do not make any representation or warranty, express or implied, as to or endorsement of, the accuracy or completeness of any information, statements, representations or forecasts contained above, and they do not accept any liability for any statement made in, or omitted from, the above. Prospective investors should make their own independent evaluation of an investment in Lefroy Exploration Ltd. This information may contain forward looking statements concerning Lefroy Exploration Ltd. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward looking statements as a result of a variety of risks, uncertainties and other factors. Forward-looking statements are inherently subject to business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause the Company’s actual results to differ materially from those expressed or implied in any forward-looking information provided by Lefroy Exploration Ltd, or on behalf of Lefroy Exploration Ltd. Forward looking statements are based on Lefroy Exploration Ltd's beliefs, opinions and estimates. No obligation is assumed to update forward looking statements if these beliefs, opinions and estimates should change or to reflect other future developments.

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