Articles On Lefroy Exploration (ASX:LEX)

Chinese media announced a major “50t” gold discovery over the weekend, containing metal worth “US$3 billion” In the grand scheme of things it doesn’t appear that big Christian joins Gold Digger live from France to unpack the US Fed meeting...

Gold prices threaten $3000/oz in Aussie dollar terms Fitch says they could move towards US$2075/oz record, but are likely to hit resistance Besra up after announcing US$300m funding deal for 3Moz Bau gold project in Malaysia Our Gold Digg...

Gold prices surge 3% on bank fears, threatening US$2000/oz This week’s rate decision by the US Fed could weigh on gold after prices broke through Australian dollar record $2900/oz Ramelius down on Breaker deal, Tietto up after commissionin...

Central banks are buying gold at record levels with holdings now at 50-year highs: Sprott Gold tends to hold its value in times of crisis Central Bank buying ‘extremely’ bullish: Goehring & Rozencwajg They say investors with no perform...

Gold defends psychologically important US$1800 level and is currently paying ~US$1840/oz Rox Resources up 66% on monster hit outside 3.2Moz Youanmi resource Miners Ramelius (+20%), Resolute (+14%) lead strong week for mining stocks Our Go...

Lefroy Exploration (LEX) hits multiple thick intervals of gold, copper and silver mineralisation at the Burns Central area within its Eastern Lefroy gold project in WA The results come from the final assay of a 67-hole reverse circulatio...

The Burns Central system is proving to be a real prize for Lefroy after drilling returned more thick intervals of gold, copper and silver porphyry mineralisation to the northwest. Final assays for 39 reverse circulation drill holes over a 2...

Perseus Mining (ASX:PRU) continues to claim the title of ‘ASX’s Most Consistently Good Gold Producer’ Other ASX miners a mixed bag Gold is currently at a 2-month low of $US1835/oz Our Gold Digger column wraps all the news driving ASX stoc...

In the latest instalment of our maiden resources series, we’ve picked out nearly a dozen stocks that could post maiden JORC 2012 gold and copper resources in 2023. A maiden lithium resource is as close to a sure thing for a rerate as you ca...

Lefroy has secured further evidence of a large mineral system at its Burns project with drilling returning multiple thick intervals of copper, gold and silver porphyry-style mineralisation. Gold and multiple-element assays from a further 24...

Gold rallies past US1,950/oz on Fedspeak, before falling back below US$1,920/oz on Friday “Bullion traders will need to see disinflation trends remain strong and for the labour market to soften for the bull case to remain in place”: OANDA’...

Garimpeiro mentioned back in mid-December that copper was finishing off 2022 with a bang and that it was probably a good time to reload the watchlist with some junior copper stocks. The red metal had picked itself up from its July 2022 low...

Metals Focus reckons early 2021 Reddit squeeze sparked almost two years of record retail silver demand US market achieved a new high last year of almost 4,000t of physical silver investment, “a performance which could be eclipsed this year...

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

Gold prices have historically outperformed during recessions ANZ research raises end of 2023 gold price target to $US1,900/oz Weekly small cap standouts: Peregrine Gold (ASX:PGD), Ora Gold (ASX:OAU) Our Gold Digger column wraps all the ne...

Lefroy Exploration this week locked in $3.5 million from an oversubscribed share placement to continue its exploration program at the ‘priority’ Burns copper-gold prospect south-east of Kalgoorlie-Boulder.

The ASX puts on a late spurt to finish the day up 0.5% Star Entertainment and Bluescope in very hot water  Patriot Lithium grows 95% on stunning debut, because… lithium. Obviously. Welp… that’s it for the final day of the week, and as te...

Lefroy continues to prove that its Burns project in WA’s Eastern Goldfields region is a large copper-gold system with drilling at Lake Randall returning multiple gold intercepts. Gold-only assays were received from four holes on Lake Randal...

Lefroy Exploration will fast track exploration activities at its new Lovejoy prospect after its first two drill holes hit a unique style of copper and gold mineralization just 1.5km north of the Burns discovery. Associated with a hydrotherm...

Central banks buying gold at the fastest pace on record Another gold bull signal for 2023 — the crypto collapse Global silver demand on course for record high in 2022 Our Gold Digger column wraps all the news driving ASX stocks with expos...

Drilling at Lefroy’s Burns Copper-Gold project within its Eastern Lefroy Gold project in WA has returned a solid gold intersect at Lake Randall.  Targeted aircore, RC and diamond drilling at Burns this year established a broad footprint to...

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...