Lefroy Exploration impresses with +100m gold-copper intersection at Burns
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A three-hole reverse circulation (RC) drilling program at the Burns prospect has returned a massive +100m gold-copper intersection, supporting a large intrusion-related system.
Burns is within the Eastern Lefroy tenement package, part of the wholly owned greater Lefroy Gold Project (LGP), around 50km southeast of Kalgoorlie.
Three holes totalling 534m evaluated the strike continuity of the high-grade copper gold mineralisation in LEFR260, which is located on the baseline section.
That RC hole, known as the Burns discovery hole, intersected 38m at 7.63g/t gold and 0.56% copper from 134m, allowing for subsequent follow-up diamond and RC drilling on 40m or wider step out drill sections during 2021.
Lefroy Exploration (ASX:LEX) hit multiple gold-copper intersections totalling 111m in hole LEFR320, including an impressive intersection containing:
64m at 2.83 g/t gold and 0.34% copper as well as 1.25 g/t silver from 118m, including 37m at 4.23 g/t gold and 0.44% copper and 1.65 g/t silver from 126m.
As well as this high-grade intersection, a zone of basalt hosted primary mineralisation was intersected in LEFR320, containing an interval of 20m at 0.76 g/t gold and 0.87% copper, 3.60 g/t silver from 94m.
This also includes 9m at 1.21 g/t gold and 1.18% copper, 3.78 g/t silver from 104m.
LEX chairman Gordon Galt said the intersection in LEFR320 is ‘outstanding’ by any measure and continues the company’s excitement about the Burns area.
“The company will follow up as soon as possible – we will look north, south, east, and deeper around the current excellent intersections to establish the size of what we already have to JORC resource status as soon as possible.”
The results from these three holes support and enhance a large and southerly plunging body of mineralisation, which is open at depth and along strike.
While assays remain pending for the program of infill and AC drilling completed in February, further drilling of the single +1000m diamond hole into the Burns system is scheduled to take off in May.
Key immediate next steps include the interpretation of final assays results from the Lake AC drilling, beginning the +1000m EIS co-funded diamond hole, and preparing for infill RC drilling.
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.