Lefroy Exploration Ltd. (AU:LEX) has released an update.
Lefroy Exploration Ltd. reports a successful quarter with a completed drilling program at Mt Martin Gold Mine, revealing significant gold finds and high-grade nickel intervals, indicating potential resource growth beyond the current 1.1Moz gold inventory. The company, which is focusing on gold assets due to market conditions, ended the quarter with a healthy $2.5 million in cash and no debt. Key appointments include Mr. Graeme Gribbin as CEO and David Kelly as a Non-Executive Director.
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