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Lefroy Exploration Ltd. ( (AU:LEX) ) has shared an announcement.
Lefroy Exploration Ltd. has commenced mining at the Lucky Strike Gold Deposit, with operations running continuously. The company expects to expose the first ore in late December 2025 and begin ore haulage in January 2026, with toll treating scheduled for February 2026. The project is supported by a profit-sharing agreement with BML Ventures and a cash advance facility agreement, positioning Lefroy to capitalize on the high gold prices and begin gold production early in 2026.
More about Lefroy Exploration Ltd.
Lefroy Exploration Limited is a mining company focused on gold exploration and production, particularly at the Lucky Strike Gold Deposit near Kalgoorlie in Western Australia. The company is engaged in mining activities and has a profit-sharing agreement with BML Ventures for the operation of the Lucky Strike project.
Average Trading Volume: 369,435
Technical Sentiment Signal: Buy
Current Market Cap: A$44.72M
Learn more about LEX stock on TipRanks’ Stock Analysis page.