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Lefroy Exploration Limited

ASX Code

LEX

Sector

Materials

Investor Centre

https://lefroyex.com/announcements/

Website

https://lefroyex.com/

About

Lefroy Exploration Limited (ASX:LEX) is a Perth based gold explorer focused on greenfields exploration in Western Australia, targeting multi-million ounce gold discoveries. The Company’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 Kalgoorle. LEX also holds a diversified exploration portfolio of additional exploration projects including its Lake Johnston Project which is prospective for gold and nickel and lies adjacent to Poseidon Nickel’s (ASX;POS) Maggie Hays-Emily Anne Nickel mines which have a total mineral resource inventory of approximately 70,500t of contained nickel.

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