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Lefroy Exploration Limited (ASX:LEX)

ALERT: Price-sensitive ASX Announcement for LEX
Current share price for LEX : $0.115 -0.135 (-54%)+
Announcement
Release
23 Feb 2026 8:22AM
Price at Release
$0.250
Full Release
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Summary
Lefroy Exploration Limited announced the first gold production from the Lucky Strike Gold Mine. The initial toll milling campaign is underway, with three gold doré bars already shipped to the Perth Mint Refinery. The Lucky Strike Gold Deposit has a Mineral Resource Estimate of 1.27 million tonnes at 1.95 grams per tonne of gold, totaling 79,600 ounces. Additional ore is available for processing at both the Lucky Strike and mill ROM pads, with the toll milling campaign expected to conclude by the end of February. Lefroy is working with BML Ventures to secure further toll milling capacity, highlighting significant advancement in their production strategy and delivering value to shareholders.
Key Points
  • First gold produced from the Lucky Strike Gold Mine.
  • Three gold doré bars shipped to the Perth Mint Refinery.
  • Toll milling campaign for Lucky Strike is underway.
  • MRE of the Lucky Strike Gold Deposit is 1.27Mt @ 1.95 g/t Au for 79,600 ounces.
  • Lefroy Exploration collaborates with BML Ventures for toll milling.
  • Additional ore stocks at Lucky Strike and mill ROM pads.
  • First toll milling campaign scheduled to complete towards the end of February.
  • Lefroy Exploration Limited (ASX: LEX) reports significant progress.
  • Company is on track to deliver significant value to shareholders.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.