Eyes on the porphyry prize for Lefroy at Burns
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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 intersected the broadest interval of host diorite porphyry found to date at Burns.
The diamond hole, which was designed to twin a previous reverse circulation hole (LEFR260) to around 170m then investigate any downhole extension, intersected a 187.5m downhole interval of the eastern porphyry, before entering massive biotite chlorite altered basalt through to the end of the hole – 371m.
The interval contains three distinct variants of diorite porphyry, which Lefroy said indicated a multi-phase intrusive event, and had an estimated true width of 110m.
A number of mineralised zones were intersected, including:
Lefroy said the core indicated and supported its initial interpretations of the prospect being a multi-stage mineral system.
Assays from the hole are expected in June, with a further 13 holes planned under the current program for a total length of drilling expected to exceed 3000m.
The next hole, designed to test 50m vertically beneath mineralisation in LEFR260 using a prior RC drill hole as a drill collar, is now underway.
LEFR260 was hit early in 2021, with intersections including 38m at 7.63 grams per tonne gold and 0.56% copper from 134m to 172m (end of hole), including 27m at 10.1g/t gold and 0.74% copper from 141m.
This article was developed in collaboration with Lefroy Exploration, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.