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An announcement from Lefroy Exploration Ltd. ( (AU:LEX) ) is now available.
Lefroy Exploration Limited has announced outstanding assay results from its Lucky Strike project, confirming high-grade gold deposits near the surface. The final results from Stage 1 grade control drilling have validated the company’s geological model and resource estimates, with significant intersections indicating promising gold yields. The project is advancing on schedule and within budget, with operations expected to commence by the end of 2025. The company is fully funded and poised for growth, with plans to expand its gold production and exploration activities, promising significant returns for stakeholders.
More about Lefroy Exploration Ltd.
Lefroy Exploration Limited is a company operating in the mining industry, primarily focused on gold exploration and production. The company is engaged in developing high-grade gold projects, including the Lucky Strike, Mt Martin, and Burns projects, with a market focus on unlocking value through resource expansion and exploration.
Average Trading Volume: 477,151
Technical Sentiment Signal: Buy
Current Market Cap: A$32.29M
See more data about LEX stock on TipRanks’ Stock Analysis page.