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Lefroy Exploration Ltd. ( (AU:LEX) ) has provided an update.
Lefroy Exploration Ltd. announced exceptional assay results from its Lucky Strike Gold Project, indicating a significant potential for an expanded Stage 2 pit design. The results, which include high-grade gold assays, bolster the company’s confidence in the resource and geological model at Lucky Strike. With full funding from BML Ventures for the Stage 2 drilling program, Lefroy is on track to start earthworks and pre-strip in the December 2025 Quarter, positioning itself as a new gold producer in the Kalgoorlie district and aiming for self-funded growth in FY26.
More about Lefroy Exploration Ltd.
Lefroy Exploration Limited is a company operating in the gold mining industry, focusing on exploration and development of gold deposits. The company’s primary project is the Lucky Strike Gold Project located in the Kalgoorlie district, with a market focus on expanding its gold production capabilities through self-funded growth strategies.
Average Trading Volume: 274,675
Technical Sentiment Signal: Buy
Current Market Cap: A$36.02M
See more insights into LEX stock on TipRanks’ Stock Analysis page.