Lefroy kicks off drilling at its Burns copper-gold prospect
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Lefroy exploration has kicked off drill testing of multiple magnetic targets at the Burns copper-gold prospect within the Lefroy Gold Project (LGP) in WA.
A 20-hole RC drill program is underway to evaluate multiple magnetic anomalies along a 3000m corridor, including:
The 13 holes evaluating the new anomalies are a proof-of-concept evaluation of five magnetic anomalies to characterise the geology and determine similarities with the established Burns gold-copper system.
The program is expected to take three weeks to complete with assay results anticipated in December.
The initial two holes of the program have been completed and are adjacent to the largest magnetic anomaly known as Lovejoy.
“We are excited to be back out RC drilling at Burns evaluating multiple magnetic targets that share characteristics to the established Burns copper-gold system,” Lefroy Exploration (ASX:LEX) managing director Wade Johnson said.
“This is the first stage of a larger program that will involve lake drilling to demonstrate the scale of the intrusion related system and its related mineralisation over a 3000m corridor and extending out into Lake Randall.”
Lefroy says the general association of the gold-copper-silver mineralisation at Burns, with magnetite in both basalt and diorite porphyry rocks, provides the rationale for a strong, first order exploration program focused on the newly found magnetic anomalies.
The idea of the staged approach is to scope out the broader extent of the Burns mineral system to support defining metal zonation and alteration patterns that could lead to stronger zones of mineralisation.
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.