Lefroy’s High-Grade Gold Assays Support Lucky Strike Expansion
Lefroy Exploration (ASX: LEX)
Reported exceptional drilling results targeting a potential Stage 2 expanded pit shell design at the Lucky Strike Gold Deposit.
The Lucky Strike Gold Deposit contains an MRE of 1.27Mt @ 1.95 g/t Au for 79,600 ounces (Indicated 0.70Mt @ 1.93 g/t Au for 43,400 oz. Inferred 0.57Mt @ 1.97 g/t Au for
36,200 oz).
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Lefroy Exploration drill crew, Western Australia – Credits Lefroy Exploration
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| Lefroy Exploration | ASX: LEX | |
| Stage | Exploration | |
| Metal | Gold | |
| Market cap | A$41 m @ 16.5 cents | |
| Location | Kalgoorlie, Western Australia | |
| Website | www.lefroyex.com |
Lefroy Exploration’s High grade gold assays support Lucky Strike expansion
25 September 2025
Lefroy Exploration Limited (“Lefroy” or “the Company”) (ASX: LEX) is pleased to report
exceptional drilling results targeting a potential Stage 2 expanded pit shell design at the Lucky Strike Gold Deposit.
The Lucky Strike Gold Deposit contains an MRE of 1.27Mt @ 1.95 g/t Au for 79,600 ounces (Indicated 0.70Mt @ 1.93 g/t Au for 43,400 oz. Inferred 0.57Mt @ 1.97 g/t Au for
36,200 oz).
HIGHLIGHTS
• Outstanding assay results highlight exceptional upside across the Lucky
Strike Gold Project and potential for an expanded Stage 2 pit design, with
significant results including:
o 24m @ 5.24 g/t Au from 134m (LEFR915), incl 2m @ 29.85 g/t Au from 153m
o 9m @ 8.59 g/t Au from 155m (LEFR917), incl 1m @ 39.7 g/t Au from 155m
o 8m @ 2.60 g/t Au from 133m (LEFR918), incl 1m @ 13.1 g/t Au from 135m
o 9m @ 1.86 g/t Au from 176m (GTD01), incl 1m @ 17.63 g/t Au from 178.7m
o 7m @ 1.92 g/t Au from 141m and 1m @ 27.2 g/t Au from 151m (LEFR919)
• The upfront cost for this Stage 2 drilling program at Lucky Strike is fully funded
by BML Ventures.
• The Lucky Strike Gold Project remains on target to commence earthworks and
pre-strip within the first half of the December 2025 Quarter.
• LEX is fully funded, and on the cusp of becoming the newest gold producer in
the Kalgoorlie district, unlocking value through an ambitious low-risk self funded growth strategy.
LEFROY CEO, GRAEME GRIBBIN, COMMENTED:
“These assay results, targeting a potential expanded Stage 2 pit design are a further reminder of the exceptional mineral system that exists at Lucky Strike.
“While we remain steadfast in our focus on bringing Stage 1 Lucky Strike into production in the December Quarter 2025, we see a larger opportunity to unlock even further value from a potential expanded Lucky Strike Stage 2, allowing the Company to ultimately advance to self-funded growth in FY26.”
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To read the full news release, please click HERE
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To View Lefroy Exploration’s historical news, please click here
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The live gold price can be found HERE
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Disclosure
At the time of writing the author holds shares in Lefroy Exploration
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