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Kambalda gold-copper hunt back on for Lefroy

Gold explorer Lefroy Exploration has returned to two early-stage, principally gold focused aircore drilling programs at its Lefroy gold project after a break over the festive season. The company says it is targeting new gold mineral systems in areas with limited previous drilling about 70 kilometres southeast of Kalgoorlie in WA not far from the well-known mining town of Kambalda. The latest exploration play will see Lefroy sink over 50,000 metres across its mineral-rich ground.

The ASX-listed explorer already has the rods turning on a 9,000m quest to evaluate a string of geophysical targets prospective for gold beneath Lake Randall at its wholly owned Eastern Lefroy project. The campaign is a continuation of an aircore drilling program that kicked off late last year. It is anticipated to take the better part of six weeks to complete, with Lefroy suggesting assay results from the jaunt should be returned by April.

Meanwhile at the company’s Western Lefroy tenements, drilling of a 46,000m full field aircore or “FFAC” campaign has recommenced. The work revives a program that was initially launched in October last year and forms part of a $25 million farm-in with mining goliath Gold Fields Limited. The deal will see Gold Fields blitz the ground with around 1300 holes.

According to Lefroy, the campaign will serve to shore up future drilling efforts by using the geological data collected along with data acquired through geophysical surveys to map out specific targets for aircore, rotary and diamond drilling. Exploration at Western Lefroy is expected to be wrapped up around mid-year.

We are excited to be back out drill testing multiple targets for gold and gold copper mineral systems nearby to Burns and beneath the vast Lake Randall. Our campaign complements the recommencement of the land based FFAC drilling program by Gold Fields at Western Lefroy. In total +50,000m of early-stage drilling is being undertaken on these two fronts at the Lefroy Project

Lefroy’s namesake project area takes in over 600 square kilometres of highly fruitful gold and copper bearing ground. The project lies immediately east of the revered St Ives gold camp that boasts a lofty gold endowment of over 10 million ounces.

The company’s latest exploits follow a news-filled period that has seen it turn more than a few heads with its Burns gold-copper-silver discovery that was headlined by a 38m drill hit grading an impressive 7.63 grams per tonne gold and 0.56 per cent copper from 134m. The 38m intersection contained a higher-grade 27m component with average grades of 10.1 g/t gold and 0.74 per cent copper from 141m.

There will likely be plenty of onlookers eager to see what Lefroy has in store for 2022, with the company kicking off a flurry of new year activity. If it can pull another rabbit out of the hat this year that even comes close to resembling the Burns discovery, it will be game on again for the ASX-listed explorer.

Is your ASX-listed company doing something interesting? Contact: matt.birney@wanews.com.au

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