View full page at metalsmine.com

 

Lefroy Exploration unearths high-grade gold and copper southeast of Kalgoorlie

From smallcaps.com.au

Assays from one of the initial 10 drill holes at the Burns prospect owned by Lefroy Exploration (ASX: LEX) has produced “outstanding” high-grade gold and copper mineralisation. Burns is part of the company’s namesake Lefroy project area, located 60km southeast of Kalgoorlie. That hole, number 260, intersected 60m at 5.22 grams per tonne gold and 0.38% copper from 112m down hole, with the hole ending in mineralisation. This intercept included one 20m section assaying 12.2g/t gold, 0.87% copper and 1.7g/t silver. Lefroy chairman Gordon Galt said this result “is outstanding by any measure and is quite exciting”. This ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis