Articles On Lefroy Exploration (ASX:LEX)

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...

Summary Today, Lefroy Exploration announced that it has wrapped up two diamond drill holes in the DD program at Burns. The AGE share price has already delivered 87.5% return in May, including today’s 15.3% rally to AU$0.03. The PEK sh...

Drilling has confirmed depth extensions to the intervals of altered porphyry that is host to high-grade copper gold mineralisation at Lefroy’s Burns Copper Gold prospect. And that’s a good thing as it indicates that Burns hosts a potentiall...

EARLY indications from a diamond core drilling campaign by Lefroy Exploration at its Burns gold-copper discovery 50km south east of Kambalda “ ...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Impact Minerals (ASX: IPT) has been formally granted the exploration licence which comprises its 80%-owned Doonia gold project, located 75 kilometres east of Kambalda in Western Australia. On-ground exploration plans are now in the works ba...

While prolific, the Mount Monger region, around 70km south east of Kalgoorlie in WA’s gold heartland, has until recently flown a little under the radar in terms of investor awareness. Yes, the region has a long history of gold mining – wit...

Lefroy Exploration is off to a flying start at the Lefroy gold project. The first hole of a diamond drilling campaign at the Burns prospect has hit 187.5 metres of host porphyry rocks near a previous high-grade intercept.

Lefroy Exploration has intersected multiple intervals of altered eastern porphyry in new drilling at the Burns gold-copper prospect in WA. The first hole of a new diamond drilling program at Lefroy’s (ASX:LEX) highly exciting prospect inte...

The Lefroy Exploration Ltd (ASX: LEX) share price rebounded strongly today after tanking 23% yesterday, following the company’s announcement of its recent drilling results. The Lefroy share price closed the day up 13.83% to $1.07. Two days...

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

Exploration results continue to turn up the heat for Lefroy Exploration in WA. Results from a drilling campaign at the Burns prospect appear to have expanded the footprint of the mineralised system in all directions and identified three new...

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...

Drilling has expanded the footprint of Lefroy’s Burns copper-gold zones in all directions while identifying three new zones of mineralisation. Final results from the 28-hole reverse circulation and diamond tails program that was completed d...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Lefroy Exploration has confirmed spectacular gold-copper intercepts from the Burns prospect at the Lefroy gold project, with 1 metre re-sampling of previous intercepts returning bumper hits including 38 metres going 7.63 grams per tonne gol...

Impact Minerals (ASX: IPT) has an additional $4 million to fund its “aggressive” exploration and drilling plans at Apsley and Broken Hill after a successful placement to professional and sophisticated investors. Melbourne-based Peak Asset M...

Lefroy Exploration has kicked off an initial diamond drilling program to follow up on the exciting “eastern porphyry” zone recently uncovered at its Burns gold-copper prospect in WA that yielded a 60m RC drill hit two months ago grading 5.2...

The ASX 200 has finished the day in the red but is still above 7,000 points. The ASX 200 shed 0.68 per cent closing at 7,018 points while the ASX Emerging Companied Index fell 0.33 per cent, closing at 2,101 points. All sectors were in the...

Impact Minerals has announced some exciting developments in relation to its Western Australian suite of projects, prospective for nickel-copper-platinum group elements (PGE) and gold.   In WA, Impact (ASX:IPT) holds the Arkun-Beau nickel-co...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

ASX-listed explorer, Lefroy Exploration has returned “promising” near-surface assay results from a recently completed 22-hole maiden aircore drill program at its Bullseye nickel sulphide prospect at the Lake Johnston project west of Norsema...

After a big week reporting on its New South Wales projects Broken Hill and Commonwealth, Impact Minerals (ASX: IPT) has revealed an update on its assets across the country in Western Australia. Impact pegged its wholly-owned Arkun project 1...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

March got off to a rough start, with ASX small caps suffering their worst week since October and the Small Ords Index falling into the red on the year. But it got better. US punters received another stimmy cheque in the mail from President...

Stockhead’s Hot Money Monday analysis is based on the Relative Strength Index (RSI) — a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the level at which a company may have been...

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

Stockhead’s Hot Money Monday analysis is based on the Relative Strength Index (RSI) — a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the level at which a company may have been...

Strange to think that it is a year since the world was turned upside down when the World Health Organisation declared COVID-19 a worldwide pandemic in mid-March 2020. In the week that followed the price of gold tumbled nearly $US200 to $US1...