Lefroy Exploration Identifies Broad Gold Zone at Red Dale

THE DRILL SERGEANT: Lefroy Exploration (ASX: LEX) released results from an initial reverse circulation (RC) drilling program undertaken at the Red Dale prospect at the company’s Lefroy gold project (LGP), south east of Kalgoorlie in Western Australia.

Lefroy Exploration said the drilling had been designed to target the source of a gold footprint identified in the regolith by historic drilling, and to improve definition of gold located at the base of the palaeochannel.

The company claims the new drilling has confirmed and reinforced tenor of the gold mineralisation at the base of a palaeochannel over a 320 metre strike length that is open to the north and south.

Results from the 26 holes drilled returned multiple shallow gold intersections including:

LEFR013
6 metres at 1.75 grams per tonne gold from 42m;

LEFR006
9m at 1.69g/t gold from 41m;

LEFR002
7m at 1.44g/t gold from 47m; and

LEFR018
7m at 1.16g/t gold from 49m.

Lefroy explained the gold system identified by the drilling to be situated one kilometre north of Silver Lake Resources’ (ASX: SLR) Randall’s processing plant.

“The results demonstrate the robust nature and tenor of gold at the base of the palaeochannel and opens the opportunity to evaluate numerous other occurrences at the Red Dale prospect,” Lefroy Exploration said in its ASX announcement.

“Preparations are now underway to conduct follow up RC drilling with a Program of Works-Exploration recently lodged.”

Email: info@lefroyex.com

Website: www.lefroyex.com