Articles On Lefroy Exploration (ASX:LEX)

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...

Listing just over a week ago, SensOre (ASX:S3N) is more than your average mining company. It’s got a suite of gold exploration projects in the Yilgarn Craton in WA and has exposure to the battery and critical metals sector through its farm-...

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

Last year, the price of copper rose 33%, but that was just the entree. Goldman Sachs reckons the red metal will hit a record US$12,000/t over the next month, up from ~$US9,700/t currently. That’s uncomfortably bullish, but even the more mil...

Lefroy Exploration has entered into a binding farm-in and joint venture agreement with SensOre in relation to its Marloo Dam tenement that sits to the south of the Lefroy Gold Project, near Kambalda in WA.

Lefroy’s Marloo Dam tenement south of its namesake project near Kalgoorlie is poised to receive some much-needed attention under a farm-in deal with SensOre. Under the agreement, minerals targeting company SensOre can earn up to 70% in the...

Carnaby’s ‘Nil Desperandum’ copper-gold discovery could be an absolute beast Orange Minerals chairman John Smyth shells out $63,760 for almost 400,000 shares Copper mine builder Alara up 240% since early December Here are the biggest smal...

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

Lefroy Exploration has a mounting belief that it is onto a substantial intrusion-related mineralised system at its Burns copper-gold prospect near Kambalda in WA after a recent drill program.

Neometals spin out Widgie Nickel begins diamond drilling at Mt Edwards project Carnavale waiting on  gold assays, due before end of the month Energy Metals (uranium), Orange Minerals (gold, copper) and Nelson Resources (gold) up on no news...

Things weren’t looking good ahead of the opening bell today, after a rough session for US stocks following another rise in bond yields overnight. And that bearish momentum flowed through to the ASX 200, which posted its second +1% fall in f...

Lefroy Exploration has returned to two gold focused aircore drilling programs at its Lefroy gold project after a break over the festive season. The new targets are about 70 kilometres from of Kalgoorlie in WA.

Lefroy Exploration (LEX) recommences two major early stage aircore drilling programs at its namesake gold project near Kalgoorlie, Western Australia The company says both programs are focussed on exploring for new gold mineral systems in a...

Lefroy has returned to the field with the resumption of two major, early-stage gold-focussed aircore drilling programs at its Lefroy project near Kalgoorlie. At its wholly-owned Eastern Lefroy project, the company is carrying out a 9,000m d...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

2021 was overall a more stable year than 2020 for ASX investors, but some companies still experienced hefty gains – some across the whole year but others on just a single trading day. In 2021 there were 17 ASX companies that rose by 200% or...

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Lefroy Exploration is set to reveal the full extent of its newly discovered Burns gold-copper system in WA over a 2000m area with 5,000m of aircore drilling about to pepper a string of high priority targets.

Lefroy has kicked off a 100-hole aircore drilling program to evaluate the limits to the footprint of Burns copper-gold system beneath Lake Randall at the Eastern Lefroy project, near Kalgoorlie. The company has started drilling at the Lovej...

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

Lefroy Exploration (LEX) receives firm commitments to raise $6 million via a share placement A total of 18 million fully-paid ordinary shares will be issued to sophisticated and institutional investors at 35 cents Subject to shareholder a...

Lefroy Exploration has cashed in on its success at the emerging Burns copper-gold prospect near Kalgoorlie, raising $6.3 million to advance exploration at the exciting prospect. Lefroy (ASX:LEX) exited a trading halt this morning to announc...

The ASX closed down again today in spite of resources and tech gaining over 1%. The ASX 200 fell 0.24%, closing at 7,434 points. Despite the gains in resources and tech most other sectors fell with financials, property and energy retreating...

Independence Group will throw its weight behind Impact Minerals’ Broken Hill nickel-copper-platinum group metals project in New South Wales as part of a farm-in deal worth up to $18 million. Impact (ASX:IPT) announced the details of the fa...

Nickel and lithium miner IGO (ASX: IGO) has given Impact Minerals’ (ASX: IPT) Broken Hill project in New South Wales the tick of approval after agreeing to farm into the asset, which is prospective for nickel-copper and platinum group metal...

Highlights  Australia’s mining sector is the pillar of Australian material sector, and stocks from this space gain huge investor attention. Any development from the companies in this space brings the players into the spotlight. LEX, C...

The ASX started the week on a downward note with tech leading the laggards despite one of Australia’s major unicorns joining the bourse and gaining over 30%. SiteMinder (ASX:SDR), a hotel commerce platform, listed on the ASX at $5.06 per sh...

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

Lefroy Exploration could have a new suite of broad gold anomalies on its books after receiving some solid results from its maiden 136-hole, 4056m aircore drilling program at its Coogee South prospect in WA.

Lefroy Exploration has received assay results from its maiden aircore drilling program at the Coogee South prospect of the Eastern Lefroy project – and have flagged two geochemical gold anomalies. The drilling targeted the Coogee South pros...

Lefroy Exploration is growing in confidence it has a significant intrusion-related mineralised system near Kalgoorlie after receiving final assay results from a pair of RC drilling programs.

Results have been received for two RC drilling programs completed at the Burns prospect during the July to October 2021 period. Lefroy Exploration has received the results from two reverse circulation (RC) drill programs evaluating the Bur...

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

By modern standards, the mining laws of years gone are archaic – a telling indicator of a gender imbalance in desperate need of a reset. Written into legislation were restrictions which prevented women from setting foot in an underground mi...

Lefroy Exploration has laid claim to unearthing an emerging nickel, copper and PGE province 210km northeast of Wiluna. The company has pegged five exploration licences covering a whopping 2735 square kilometres in a new mineral frontier tar...

In line with its multi-commodity gold and base metals strategy, Lefroy Exploration has pegged five exploration licence applications over a new nickel project named Glenayle. The Glenayle Project covers a massive contiguous 2735sqkm of the...