GOLD PROJECT – 100% interest
Lefroy Exploration’s focus is on the discovery of multi-million ounce greenfields gold deposits at its flagship Lefroy Gold Project south of Kalgoorlie where the company has achieved exciting early stage exploration results, including at its Lucky Strike, Hang Glider Hill and Capstan prospects.
GOLD PROJECT – Farm In and
Joint Venture with Gold Fields Limited
Lefroy Exploration Limited has partnered with global major gold producer Goldfields (JSE:GFI) who are currently spending up to A$25m to earn up an interest of up to 70% in the Western tenements of LEX’s Lefroy Gold Project. The tenements within the JV cover and area of 372km2 and are adjacent to Goldfields 10+ million ounce St Ives Gold Camp.
Gold Fields will manage all exploration activities during the farm-in period and brings extensive regional geological knowledge to the project having developed St Ives into a world class gold district.
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:
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 approximately70,500t of contained nickel.
TOTAL LAND PACKAGE