Lefroy Exploration (ASX:LEX) has launched a 17-hole for 2,500m shallow reverse circulation (RC) drill program at the Lucky Strike and Havelock targets, as part of its namesake Lefroy Project in Western Australia.
Drilling is testing several historic targets uncovered in previous campaigns.
The program will be moving between target areas, both of which have confirmed prospectivity off the back of historical gold intersections.
“The potential to expand the resource base at Lucky Strike, where Lefroy already holds a 79,600 ounces maiden resource at 1.95 grams per tonne gold, coupled with the possibility to advance and grow the mineral footprint at Havelock represents an exceptional growth opportunity for the company,” CEO Graeme Gribbin says.
“Havelock and Lucky Strike represents the first of a number of pre-resource and resource extension exploration targets Lefroy is advancing in a phased approach, coupled with advancing the resource base at Mt Martin under our renewed strategic focus of growing our 1.1 million ounce gold inventory.”
Lefroy adds that the broader Havelock and Lucky Strike trends have the potential to host multiple gold deposits of a combined scale, complimenting the company’s existing mineral resource at Lucky Strike — which contains 80,000 ounces of gold.
Further, drilling represents the first drill program since the company launched a renewed strategic focus on gold exploration.
Lefroy Exploration is a Western Australian explorer focused on developing gold and critical mineral projects.
Write to Aaliyah Rogan at Mining.com.au
Images: Lefroy Exploration
