HomeFinTechLefroy Exploration: Receives strong initial results from Lake Lefroy

Lefroy Exploration: Receives strong initial results from Lake Lefroy

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  • Lefroy Exploration (LEX) has received strong initial results at Lake Lefroy from joint venture (JV) partner Gold Fields
  • Gold Fields began reverse circulation (RC) drilling at Lake Lefroy in July with aims to evaluate six gold anomalies
  • 9000 metres of RC drilling was undertaken on the anomalies and each area will now evaluated to gain a better understanding on the bedrock
  • Of the 21 holes drilled, Lefroy has also received results for 10, with grades peaking at 18.55g/t gold
  • Work is still continuing and expected to completed in December
  • Lefroy has ended the day 12.5 per cent in the green with shares trading for 27 cents each
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