Latest Lefroy Exploration (ASX:LEX) News

Lefroy Exploration has secured its inaugural toll milling agreement for the Lucky Strike Gold Project, marking a significant step towards production with a February 2026 milling slot at Greenfields Mill.

Lefroy Exploration has reported outstanding near-surface gold assay results from its Lucky Strike project, validating resource models and revealing promising high-grade zones. With diamond drilling underway to explore a potential larger Stage 2 pit, the company is advancing its development plans backed by partner funding.

Lefroy Exploration has kicked off a major grade control drilling campaign at its Lucky Strike Gold Project, fully funded by partner BML Ventures, aiming to underpin mining operations slated for the second half of 2025.

Lefroy Exploration has partnered with BML Ventures in a profit-sharing agreement to fast-track mining at the Lucky Strike Gold Project, backed by promising drilling results that validate and expand the resource base.

Lefroy Exploration has partnered with BML Ventures under a profit-sharing agreement to develop the Lucky Strike gold deposit, aiming to start mining operations in the second half of 2025. This collaboration leverages BML's mining expertise and funding, while Lefroy retains half the profits from the project.

Lefroy Exploration has reported significant mineral resource upgrades at Burns Central and Mt Martin, alongside a strategic exclusivity agreement with BML Ventures to develop the Lucky Strike Gold Project.

Lefroy Exploration Limited reported a modest net cash decrease in the December quarter, ending with $3.24 million in cash reserves and nearly four quarters of funding available. The company continues to invest heavily in exploration activities despite operating cash outflows.