LEF 0.00% 12.0¢ lefroy resources limited

Here's a bit more..you may already know.Sydney - Tuesday -...

  1. 422 Posts.
    Here's a bit more..you may already know.

    Sydney - Tuesday - October 10: (RWE Aust Business News) - Lefroy
    Resources (ASX:LEF) has discovered a potential new gold lode within its
    project area in Tasmania.
    The new lode is obscured by basalt and was therefore undiscovered
    by early prospectors.
    The company said the discovery highlights the potential for
    adjacent mineralised strucutres to be brought into the Pinafore inferred
    resource through further drilling.
    The new lode - South Pinafore - revealed an interval of 2m at
    14.5 grams per tonne gold from 101-13m.

    Sydney - Wednesday - October 4: (RWE Aust Business News) - Lefroy
    Resources (ASX:LEF) has substantial upgrades to the resource at the
    Lefroy gold project, Tasmania.
    The new combined global resource is now over 280,000 ounces.
    The initial JORC compliant inferred resource for the Pinafore
    Reef has been upgraded by 22 per cent to 274,345 oz gold at 9.3 grams per
    tonne.
    The newly established near-surface resource introduces the
    potential for both open-pit and underground mine development.
    The open pit resource is 616,000 tonnes at 2.5g/t for 49,345 oz
    while the underground is 304,000t at 22.9g/t for 225,000 oz.
    There is potential for the adjacent Chum Reef to be brought into
    the resource.
    In addition a new tailings stockpile inferred resource has been
    established, totalling 141,900t at 1.6g/t for 7,310 oz.

 
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