Articles On Lefroy Exploration (ASX:LEX)

Gold could have steady path towards $US1,800 level if dollar weakness remains: OANDA ASX gold miners surging this week, led by Evolution Mining +30%, Capricorn Metals +27%, and Regis Resources +27% Weekly small cap standouts: Focus Mineral...

Just five miners/ near-term gold miners are in the green over the past 12 months They include Tietto Minerals, Ora Banda Mining, Emerald Resources, Capricorn Metals and Perseus Mining Top precious metals stocks this week: Hamelin Gold, Zul...

Since reaching its peak in the summer of 2020, silver has fallen ~35% Smart money is going net long on silver, speculators almost net short; a good sign for silver outlook say Goehring & Rozencwajg This week’s top ASX precious metals s...

USD gold price continues to fall, currently $US1,621/oz Mixed bag of results for gold producers in Q1: Perseus, Northern Star outperformers so far Weekly small cap standouts: Strickland metals, Medallion Metals. GBM Resources Our Gold Dig...

Retail investment in gold, silver has either hit new peaks or held up at multi-year highs, says Metals Focus 1 ounce gold Maple Leaf in the US commands a 40% premium at the retail level, for example This week’s top movers: Sihayo, Dacian,...

Lefroy Exploration is demerging its nickel assets and targeting an ASX listing for the new entity for the first half of next year.

Nickel has emerged as one of the key commodities poised to benefit from the electrification and decarbonisation of transport and energy, with a new player emerging to join the hunt for the battery metal in WA. It is none other than Johnston...

Lefroy Exploration (LEX) begins a major reverse circulation (RC) drilling program at the Burns gold-copper prospect in Western AustraliaThe aim of this drilling is to evaluate the economics of the system 200 metres from surface and 700 metr...

Lefroy’s deepest hole to date at the Burns discovery in WA’s Eastern Goldfields has discovered a new zone of gold-copper-cobalt mineralisation. The results come from a 61m interval that includes mineralised and altered diorite porphyry from...

PGM demand will remain strong until about 2025, when it will start to fall off a cliff: Metals Focus Why 2025? Because that’s when electrification of transport really kicks up a gear However, Bridge Street Capital analyst Chris Baker belie...

Fitch has downgraded its gold outlook but expects prices to remain “elevated in the coming years compared to pre-Covid levels” Contrarian argument: “It is also a sector full of M&A possibilities as gold equities haven’t been this ‘chea...

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. In this episode Barry chats to Wade Johnson, managing director at Lefroy Exploration (ASX:LEX) Lefroy is a Perth-base...

Lefroy’s deepest hole to date at the Burns copper-gold system has established that there’s more mineralisation at depth and along strike. Hole LEFD006, which was co-funded by the Western Australian government under its Exploration Incentive...

Garimpeiro doubts BHP (ASX:BHP) chief executive Mike Henry takes much notice of his mumblings. But you’ve got to wonder. Just three weeks after Garimpeiro mentioned that the copper stocks were over-sold, Henry lobbed an $8.3 billion takeove...

TSX listed Korara Resources finds another massive nugget stash at the Beta Hunt mine near Kalgoorlie The new discovery just below the super-rich, 30,000oz Fathers Day Vein China imported more than 80 tons (or 2.56Moz) of gold worth $US4.4b...

Lefroy Exploration has added Cazaly Resources (ASX:CAZ) MD and career geologist Tara French to its board as an independent non-executive director. The move is kind of a big deal for women in mining, who historically are unrepresented at the...

EVN’s Jake Klein predicts US$2-US$3,000/oz gold price for this time next year Is a wave of merger and acquisition activity coming in the ASX gold space? Bounce back in vehicle production to boost PGM demand Gold price hits a four-week high...

Lefroy’s deep diamond hole to unlock the secrets of its enigmatic Burns gold-copper intrusion is already paying off with multiple new and unexpected diorite-porphyry intervals intersected. The intervals, which occur within altered high magn...

Gold price hits three-week high post-FOMC rates decision ASX Quarterly Gold Wrap: producers hit a low bar, investors are pleased Gold demand falls in H1 as cost-of-living pressures bite, WGC says Our Gold Digger column wraps all the news...

Stock analysis veteran and lover of the resources game, Peter Strachan, is back for another instalment of the Rock Yarns podcast.  In this episode Peter chats to Wade Johnson, managing director at Lefroy Exploration (ASX:LEX) Lefroy is a Pe...

Gold is down 5% for July and on a broader downward trajectory, Metals Focus says Aeris Resources’ Golden Plateau deposit could extend the mine life at Cracow Golden State Mining has kicked off drilling at the Yule project in WA   Our Gold...

It has been painful watching the copper price implode and the subsequent trashing of ASX copper stocks. Fear not, once the recession we might have to have is out of the way the structural supply deficit in the red metal come 2025, because o...

The US dollar looks set to reach 20-year highs, impacting gold’s safe haven status JP Morgan employees on trial in Chicago after ‘spoofing trades’ accusations PGM supply through the recycling of auto catalysts has taken a hit ‘cos Covid O...

Lefroy has embarked on a quest to uncover the deepest secrets of its promising Burns gold-copper system, where shallow aircore drilling has defined a strike of 900m to date. Burns is a new and unique style of an intrusion-related gold-coppe...

A 7-hole reverse circulation (RC) drilling program for 900m has confirmed a new gold discovery under cover at the Havelock prospect, 700m north of the Burns gold-copper system. Lefroy Exploration (ASX:LEX) says the program evaluated a segm...

Lefroy’s Burns discovery near Kalgoorlie is shaping up into a significant gold-copper system after drilling extended the anomaly’s length to 900m which remains open. Final assays from a major 577 hole aircore program totalling 21,485m over...

Swiss data shows the highest total January to May bullion shipments since 2018 On a year-to-date basis US gold imports surged by 170% to 103t US also the largest destination for Swiss silver bullion, accounting for ~30% of the total; up fr...

Newmont’s Tom Palmer says gold may have found new floor of ~US$1600/oz in the wake of inflation With small gold miners are struggling with rising supply chain and labour costs, Palmer says consolidation in the sector makes sense Drilling r...

Garimpeiro wasted no time taking Goldman Sachs off his Christmas card list for the damage its call on lithium caused during the week. It’s not every day that a research note from an investment bank of some note swings a wrecking ball throug...

Special Report: In Barry Fitzgerald’s new regular column, True Width, he sits down with Australia’s leading resource and mining CEOs to discuss their current projects and plans for the future. This week Barry sat down with Wade Johnson, Man...

Lefroy Exploration has scooped up a $0.56 million tax refund via the Federal Government’s Research and Development incentive program from work completed at its Burns gold-copper system near Kambalda in WA.

Since its discovery, the Burns copper-gold porphyry found by Lefroy Exploration last year has been a riddle wrapped in an enigma. But Lefroy (ASX:LEX) has been employing a world-class approach characterised by industry-leading scientific ri...

1 gram of gold can be recovered from about 41 recycled mobile phones Mint Innovation can recover $US12,000 worth of gold from one tonne of old circuit boards Gold trades sideways at ~$US1,850/oz Our Gold Digger column wraps all the news d...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

Lefroy’s focus on the Burns gold-copper prospect within its Eastern Lefroy subproject has paid off with exploration during the March quarter returning impressive results. First off were the three holes drilled to evaluate the strike continu...

Lefroy Exploration has boosted its Burns copper-gold prospect near Kambalda in WA’s Goldfields region after recent work near a discovery hole returned a multitude of significant gold-copper hits totalling 111m.

It’s a big day for ASX mining shares across the board, with the resources and materials sectors leading the broader market. But these 3 ASX-listed miners are besting most on Tuesday, each recording gains of more than 18%. Right now, the Al...

Surefire Resources highlights vanadium focus, calls it “a strategic battery metal for a cleaner future” Lefroy Exploration hits impressive copper-gold at ‘Burns’ discovery Aruma (lithium, gold), Larvotto (lithium, gold, base metals) and Ar...

A three-hole reverse circulation (RC) drilling program at the Burns prospect has returned a massive +100m gold-copper intersection, supporting a large intrusion-related system. Burns is within the Eastern Lefroy tenement package, part of t...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

Lefroy has started reverse circulation drilling at its Burns copper-gold prospect to follow-up on recent gold intersections within the Lefroy Palaeochannel. This is aimed at evaluating and expanding the footprint of the recently reported mu...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

ASX-listed Lefroy Exploration has re-embarked on its air core drilling campaign at its Burns prospect to infill and expand mineralisation surrounding a recently drilled duo of high-grade gold intersections.

Lefroy has wasted no time in following up on recent ‘outstanding’ gold hits at its Burns prospect beneath Lake Randall with the restart of aircore drilling. The program will infill and expand on the near-surface hits including 8m at 7.31 gr...

Lefroy Exploration has extended its promising Burns copper-gold prospect near Kambalda in Western Australia’s Goldfields region after receiving the initial assay results from a 199-hole aircore drill program.

So basically, this is how I read it. Because of two really screwball takeover ideas involving the A2 Milk Co and AGL Energy —  two of the more screwball companies floating about on the benchmark index — the S&P/ASX200 is higher on Monda...

Lefroy Exploration (LEX) gets “outstanding” results from aircore drilling that tested the Burns copper-gold corridor in Lake Randall, part of Lefroy’s namesake project in WA Drilling extended gold mineralisation up to 240 metres north in t...

Lefroy’s exciting Burns prospect continues to scale up with recent high-grade gold intersections demonstrating the expanding continuity of the Eastern Porphyry. Assays received for 128 holes of the maiden 199 hole aircore drill program to e...