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An update from Lefroy Exploration Ltd. ( (AU:LEX) ) is now available.
Lefroy Exploration Limited has received final approvals from the Department of Mines, Petroleum and Exploration for its Lucky Strike Gold Project, allowing mining operations to commence. With BML Ventures Pty Ltd overseeing site activities, the first ore is expected to be processed in February 2026. This development positions Lefroy to become a first-time gold producer, capitalizing on the strong gold market and setting the stage for a profitable year ahead.
More about Lefroy Exploration Ltd.
Lefroy Exploration Limited is a company operating in the gold mining industry, focusing on the exploration and development of gold deposits. The company is primarily involved in the development of the Lucky Strike Gold Deposit, which has a mineral resource estimate of 1.27 million tonnes at 1.95 grams per tonne of gold, totaling 79,600 ounces.
Average Trading Volume: 289,357
Technical Sentiment Signal: Buy
Current Market Cap: A$43.47M
Find detailed analytics on LEX stock on TipRanks’ Stock Analysis page.