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Lefroy Exploration Ltd. ( (AU:LEX) ) just unveiled an update.
Lefroy Exploration Limited has commenced a significant grade control drilling campaign at its Lucky Strike Gold Project, targeting the northern pit. This 16,500-meter drilling program, fully funded by its profit-sharing partner BML Ventures Pty Ltd, aims to gather essential data for final pre-mining studies, with mining operations scheduled to begin in the second half of 2025. The project is advancing on schedule, with all necessary permitting and planning activities in place, positioning Lefroy for timely development and production.
More about Lefroy Exploration Ltd.
Lefroy Exploration Limited is a company in the mining industry, focusing primarily on gold exploration and development projects. The company is involved in the Lucky Strike Gold Project, which has a Mineral Resource Estimate of 1.27 million tonnes at 1.95 grams per tonne of gold, equating to 79,600 ounces.
YTD Price Performance: 11.43%
Average Trading Volume: 188,410
Technical Sentiment Signal: Buy
Current Market Cap: A$19.38M
Find detailed analytics on LEX stock on TipRanks’ Stock Analysis page.
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