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Lefroy Exploration Limited (ASX:LEX)

ALERT: Price-sensitive ASX Announcement for LEX
Current share price for LEX : $0.130 0.02 (18.18%)+
Announcement
Release
5 Aug 2026 8:26AM
Price at Release
$0.110
Full Release
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Summary
Lefroy Exploration Limited (ASX: LEX) has reported high-grade gold assay results from its recent Reverse Circulation (RC) drilling at the Mt Martin project in Western Australia. The 5,046-meter drilling program, covering 37 holes, targeted growth potential along the Main, East, and Adelaide Shear Zones. Significant intersections, such as 8 meters at 3.93 g/t Au from 141 meters and 6 meters at 5.48 g/t Au from 69 meters, highlight the project's potential. The company plans to integrate these findings into 3D geological models and advance a scoping study for the September quarter, aiming to enhance its gold resource estimates and support ongoing exploration targeting.
Key Points
  • 5,046 meters of RC drilling completed across 37 holes at Mt Martin.
  • Drilling targeted Main, East, and Adelaide Shear Zones.
  • Significant results include 8m @ 3.93 g/t Au from 141m and 6m @ 5.48 g/t Au from 69m.
  • The project aims to integrate new findings into 3D geological models.
  • A scoping study is planned for completion in the September quarter.
  • The results support significant growth potential for the gold resource.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.