Lefroy Exploration (ASX: LEX)
Reported on drilling results targeting the high-grade core of the Burns Gold Deposit. Burns lies within the Company’s Lefroy Gold Project located in the Kambalda-Kalgoorlie gold district of Western Australia.
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Lefroy Exploration – Burns RC drilling, August 2022
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| Lefroy Exploration | ASX: LEX | |
| Stage | Exploration | |
| Metal | Gold | |
| Market cap | A$63 m @ 26.5 cents | |
| Location | Kalgoorlie, Western Australia | |
| Website | www.lefroyex.com |
Lefroy Exploration Drilling confirms High-Grade gold zone at Burns Gold Deposit
8 January 2026
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Lefroy Exploration Limited (“Lefroy” or “the Company”) (ASX: LEX) reports on drilling results targeting the high-grade core of the Burns Gold Deposit. Burns lies within the Company’s Lefroy Gold Project located in the Kambalda-Kalgoorlie gold district of Western Australia.
The Burns Gold Deposit contains an MRE of 42.96 Mt @ 0.36 g/t Au for 497,472 ounces (Indicated 32.31 Mt @ 0.38 g/t Au for 394,308 oz. Inferred 10.65 Mt @ 0.30 g/t Au for 103,165 oz).
Inclusive within this resource is Burns High-Grade which contains 4.22 Mt @ 1.18 g/t Au for 159,285 ounces (Indicated 4.11 Mt @ 1.19 g/t Au for 157,215 oz. Inferred 0.1 Mt @ 0.63 g/t Au for 2,070 oz).
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HIGHLIGHTS
• Diamond drilling results confirm the high-grade core of the Burns Gold Deposit
with significant intersections within LEFD010 including:
o 20.87m @ 2.69 g/t Au from 131.13m, incl 3.87m @ 7.09 g/t Au from 132.54m
o 6.4m @ 2.59 g/t Au from 191m, incl 0.93m @ 10.60 g/t Au from 196.07m
• An additional metallurgical reverse circulation (RC) drill hole (LRR026)
targeting the high-grade oxide gold zone returned exceptional intersections
including:
o 30m @ 5.76 g/t Au from 24m, incl 5m @ 17.3 g/t Au from 44m, and
o 7m @ 1.15 g/t Au from 71m, incl 2m @ 2.9 g/t Au from 76m
• RC drilling along strike of the defined Burns gold resource has intersected
additional shallow zones of significant mineralisation to the north, including:
o 5m @ 1.60 g/t Au from 79m, incl 1m @ 5.31 g/t Au from 83m in LRR029, and
o 7m @ 0.66 g/t Au from 30m, incl 2m @ 1.16 g/t Au from 32m in LRR027
• Metallurgical results are expected to be received by the end of January.
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LEFROY CEO, GRAEME GRIBBIN, COMMENTED:
“The significant near-surface gold assay results returned from the recently completed Diamond and RC metallurgical drilling programs at Burns truly is a reminder of the exceptional nature of the high-grade core of the Burns Central deposit.
“Along with advancing the exploration upside along strike, we look forward to incorporating the pending metallurgical test work results, expected in late January, to advance final development option for Burns, as we seek to unlock a second gold production pathway for the Company.”
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To read the full news release, please click HERE
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Disclosure
At the time of writing the author holds shares in Lefroy Exploration
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