Articles On Lefroy Exploration (ASX:LEX)

Highlights At the opening, the ASX 200 was trading 0.8 points up at 7,371. Seven out of the 11 sectors are trading in green with the Energy sector leading the most with a 2.22% gain. Strong crude oil prices are likely to boost energy...

ASX-listed junior gold and base metals explorer Lefroy Exploration has rattled off another clutch of broad drill intersections from three diamond holes at its Burns copper gold prospect within the company’s Eastern Lefroy project near Kamba...

Final results from diamond drilling at Lefroy’s Burns prospect have delivered more high-grade gold, copper and silver intercepts along with a new gold zone. All three of the final holes returned multiple broad intersections of gold, copper...

Impact Minerals (ASX: IPT) has identified new potential at is Arkun nickel-copper and platinum group metal project in Western Australia, with soil sampling also revealing lithium-caesium-tantalum mineralisation is present. Soil geochemistry...

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

Impact is laying the groundwork to start drilling at the Doonia gold project near Kambalda, Western Australia, with a Heritage Survey kicking off this week. The survey by the Ngadju Group will be carried out in preparation for a 3,000m reve...

A heritage survey run by the traditional Ngadju Group will commence this week at Impact Minerals’ (ASX: IPT) 80%-owned Doonia gold project, located 75 kilometres east of the world-class St Ives gold mining centre in Western Australia. The s...

ASX-listed explorer Lefroy Exploration has launched a maiden aircore drilling campaign at its intriguing Coogee South prospect within its Eastern Lefroy tenements package that forms part of the company’s overall Lefroy gold project about 50...

Hot Money Monday is typically the domain of ASX small caps, but this week saw plenty of larger companies near the top end of the list as investors responded to some reporting season surprises. Each week, Stockhead recaps ASX stocks that are...

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

Ikwezi Mining (ASX:IKW) topped the latest Running Hot list with a 14-day RSI of 82, after two straight weeks where lithium stocks dominated. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength I...

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

Lefroy (ASX:LEX) — led by former Newmont senior exploration manager Wade Johnson — has methodically explored its ground around Kalgoorlie for a few years now. In February this year, the potential game changer arrived. A 22-hole drilling pro...

Gold and base metals explorer Lefroy Exploration is cooling its heels awaiting assay results for more than 3,000 drill core samples from four diamond holes and nine reverse circulation holes put down at its exciting Burns gold-copper prospe...

Lefroy is gearing up to start 150-hole aircore drill program in August targeting the prospective Coogee South prospect within its wholly-owned Eastern Lefroy tenements. Coogee South started off as one of its primary targets at the time of i...

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

Things are heating up for Kambalda gold explorer Lefroy Exploration after the company grew the footprint of its exciting Burns intrusive gold discovery at its Eastern Lefroy Project and joint venture partner Gold Fields Ltd elected to pump...

Local markets have made a strong start to the week, with the ASX200 closing 1.34% higher on Monday as some major M&A activity stole the headlines. Gains were led by the tech sector, as Afterpay (ASX:APT) showed its weight by dragging th...

The armed forces could be called upon to enforce Sydney’s strict lockdown, and we might see troops on the streets as early as Monday. On the bourse, the benchmark ASX 200 has closed 0.40% lower on Friday, but was flat for the week. The mini...

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

Newly listed WA gold explorer Mt Monger Resources is firing up the drill rigs at its flagship gold project east of Kalgoorlie. Mt Monger Resources (ASX:MTM) first target is the Duchess of York deposit, a prospect identified by Western Minin...

Lefroy Exploration has lifted the tempo of its drilling around the promising Burns copper-gold discovery 50km south-east of Kalgoorlie in WA with the start of a 12-hole reverse circulation program aimed at extending the ‘multi-host rock’ mi...

Lefroy has launched a drill program at its Burns copper-gold prospect near Kalgoorlie to evaluate extensions to the Western Basalt zone and the Eastern Porphyry. The 12-hole reverse circulation program totalling 3,000m will evaluate multipl...

The Aussie share market has fallen for two consecutive days, down by 0.46% today. Seven sectors were down, while four rose. Utilities and Mining were the worst peforming sectors, while Healtcare and IT were the best. In big cap news today,...

Gold had a strong week, up 1.26% to $US1,826.50oz. Some experts say gold remains undervalued, on the cusp of a big breakout. Meanwhile, the IPO extravaganza continued into July, with 7 gold-facing stocks having listed on the ASX so far. Her...

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...

Mt Monger Resources Ltd has closed a heavily oversubscribed IPO – another significant box ticked as the highly anticipated gold explorer moves closer to ASX listing.  Mt Monger Resources (proposed ASX:MTM) expects to list in early-to-mid-J...

SPINIFEX: Lefroy Exploration’s path to a gold/copper discovery at its Lake Lefroy project is a story that has played out over 14 years.

ASX-listed explorer Lefroy Exploration and South Africa-based major gold producer Gold Fields have reached a “side deed” arrangement in relation to a shortfall in the latter’s agreed exploration expenditure commitment at the pair’s Western...

Lefroy is poised to receive a boost to its bank balance and welcome back a promising prospect after Gold Fields said it was unable to meet its exploration commitment. Under the farm-in agreement, Gold Fields had the right to spend $10m on e...

The market giveth and the market taketh. Truer words have never been spoken with gold prices diving nearly US$100 in less than a day after the US Federal Reserve signalled higher inflation and that interest rates could rise twice by 2023. G...

Lefroy Exploration appears to have confirmed the mineralised Eastern Porphyry zone at its promising Burns gold-copper discovery extends to the north and continues at least 180m below the discovery hole that returned 38m at 7.63 g/t gold and...

Most of the big names in Australian gold mining have had a rough ride recently as the gold price has struggled to reclaim last year’s all-time high, but it’s a different story at the small end of the game where exploration success is the ke...

Another Melbourne lockdown has starved Garimpeiro of the usual flow of junior resources stock ideas that his barfly approach to gathering information normally delivers. So this week he has reached out for some professional help from John Fo...

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

You can forgive incoming Mount Monger Resources managing director Lachlan Reynolds for having a sense of déjà vu. In a way he is back where it all started with the emerging gold explorer, which this week opened the latest junior gold IPO to...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

The exciting Burns gold-copper discovery appears to be growing for ASX-listed gold and base metals explorer, Lefroy Exploration as its diamond drilling program continues to probe the recently discovered “eastern porphyry” zone.

Lefroy Exploration’s hunt for an intrusion-related discovery in the valley of the giants between Kalgoorlie’s Super Pit and the St Ives gold camp has continued to deliver. New drilling at the Burns prospect at Lefroy Exploration’s (ASX: LEX...

For resources investors, backing a junior explorer that unearths a high-grade mineral discovery is the equivalent of living the dream — but it’s only the first part of a successful long-term investment. In that context, recent research from...

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scr...

The ASX fell nearly 1 per cent today and below 7,000 index points as this week’s sell off continued. The ASX 200 closed at 6,983 points, which was 0.88 per cent lower than yesterday while the ASX Emerging Companies Index dropped 1.18 per ce...

Lefroy Exploration appears to have confirmed continuity at depth of an altered porphyry zone containing its stellar Burns gold-copper discovery hole at Eastern Lefroy project near Kalgoorlie in the second of a planned 14 diamond drill holes...