Lefroy confirms porphyry width as drilling of gold-copper prospect continues
Lefroy Exploration says drilling has confirmed the 120m wide (to date) Eastern Porphyry has “at least” 180m of depth continuity below the discovery hit of 38m grading 7.63 grams per tonne gold and 0.56% copper from 134m (reports MiningNews).
25th June 2021
Resources Rising Stars
Diamond coring is continuing having moved 40m north, and now 40m south, of the first line of follow-up drilling.
Next assays are expected late June.
Eastern Porphyry is part of the Burns prospect that's within Lefroy's Eastern Lefroy tenement package 50km southeast of Kalgoorlie.
The copper and gold mineralisation hosted by both the diorite porphyry and basalt is considered by Lefroy to be a new style of mineralisation in the area.
Lefroy ended the March quarter with A$2.9 million cash and forecast spending of $1.2 million in the current period.
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