- Lefroy Exploration (LEX) gets “outstanding” results from aircore drilling that tested the Burns copper-gold corridor in Lake Randall, part of Lefroy’s namesake project in WA
- Drilling extended gold mineralisation up to 240 metres north in the Eastern Porphyry, which Lefroy says demonstrates the “growing scale of the Burns copper gold system”
- The results reportedly continue to enhance a growing copper-gold intrusion related mineral system over a 2000-metre corridor
- The aircore program wrapped up in December but was expanded and recommenced last month to discover new gold and/or gold-copper mineral systems at Lake Randall
- Company shares finished the day in the green, up 20.3 per cent to 35.5 cents
Lefroy Exploration (LEX) has received results from a 199-hole aircore drilling program that tested the eastern limits of the Burns copper-gold corridor in Lake Randall.
The aircore drilling program was completed in December last year and evaluated aeromagnetic targets including Lovejoy and Kenny’s Dream in Lake Randall, immediately adjacent to and along the Burns corridor.
The Burns Prospect lies within the Eastern Lefroy tenement package, part of Lefroy’s broader namesake project, which is located 50 kilometres southeast of Kalgoorlie, Western Australia.
Positively, multiple drill holes intersected gold mineralisation in the host Eastern Porphyry up to 240 metres north of hole LEFR260 which remains open.
Results highlighted by the company include 16 metres at 3.79 grams of gold per tonne (g/t) from 20 metres including eight metres at 7.31 g/t gold in LEFA1088 and 24 metres at 2.86 g/t gold from 16 metres including 16 metres at 4.04 g/t gold from 20 metres in LEFA1089.
Lefroy said the results show the expanding continuity of the gold mineralised Eastern Porphyry.
“These are two outstanding gold intersections from aircore drilling out beneath Lake Randall that further demonstrates the growing scale of the Burns copper gold system,” Managing Director Wade Johnson said.
Assays are pending for four drill traverses to the north of today’s reported intersections over an additional 400 metres of the Eastern Porphyry.
The company also received results from the Lovejoy magnetic target which is located 2000 metres north of Burns.
Assays from Lovejoy include four metres at 1.57 g/t gold from 16 metres and 11 metres at 0.75 g/t gold from 16 metres.
Lefroy said the new results at Lovejoy demonstrate the larger footprint of the gold mineralised diorite porphyry and suggest this is part of a larger Burns Igneous Complex.
The aircore drilling program was expanded and recommenced last month with a further 301 holes completed to date and is designed to discover new gold and/or gold-copper mineral systems.
Company shares finished the day in the green, up 20.3 per cent to 35.5 cents.