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Lefroy Exploration Ltd. ( (AU:LEX) ) has provided an update.
Lefroy Exploration Ltd. has commenced a diamond drilling program at its Burns Gold Deposit, targeting the high-grade core of the deposit. This initiative aims to enhance metallurgical recovery estimates and further explore the resource potential of the site. The drilling program, which includes both diamond and reverse circulation drilling, is part of Lefroy’s strategy to consolidate and expand its resource base, potentially impacting its market positioning by demonstrating the full exploration potential at Burns.
More about Lefroy Exploration Ltd.
Lefroy Exploration Ltd. is a company operating in the mining industry, primarily focusing on gold exploration. The company is engaged in the exploration and development of gold deposits, with a significant focus on the Burns Gold Deposit located within the broader Lefroy Gold Project in Western Australia.
Average Trading Volume: 292,241
Technical Sentiment Signal: Buy
Current Market Cap: A$39.75M
Learn more about LEX stock on TipRanks’ Stock Analysis page.