Lefroy extends Kambalda gold-copper system
ASX-listed junior explorer Lefroy Exploration looks to have extended its promising Burns copper-gold prospect near Kambalda in Western Australia’s Goldfields region after receiving the initial 128 assay results from a maiden 8000 metre 199-hole aircore drill program. The company says the results continue to enhance the mounting belief it has a substantial intrusion related mineral system over a 2000 metre corridor and believes the findings add weight to its targeting process.
Lefroy says the data indicates the gold-bearing eastern porphyry is continuing to grow in size. The explorer is now awaiting assays for an additional four drill traverses to the north of the high-grade intersections. Meanwhile, at the Lovejoy magnetic target about 2000m northwest of Burns, Lefroy has delivered a suite of promising results from a wide-spaced drilling program that struck a diorite porphyry similar to that of the Burns prospect. The inaugural operation at Lovejoy was aimed at testing various magnetic anomalies beneath Lake Randall.
The Burns copper-gold prospect sits some 50 kilometres south-east of Kalgoorlie in the company’s Eastern Lefroy tenement package and forms part of its larger Lefroy gold project. The prospect borders the eastern rim of an enormous interpreted felsic intrusion that Lefroy has named the Burns intrusion. Intrusion related gold deposits are one of the most recent major mineralised systems to be discovered and boast serious potential.
Lefroy pounces on new WA mineral frontier
ASX-listed Lefroy Exploration has laid claim to unearthing an emerging nickel-copper and platinum group element, or “PGE” province 210 kilometres northeast of Wiluna. The company has pegged five contiguous exploration licences, named Glenayle, covering a whopping 2735 square kilometres in a new mineral frontier targeting a large igneous province within the Proterozoic Salvation Basin sedimentary sequence in Western Australia.
The global push towards renewable energies and electric vehicles, with its associated surge in base metal prices, may well be a force driving the exploration sector to venture into new unexplored geological frontiers.
Lefroy has been developing a few of its own wild conceptual ideas in the quest to identify new areas in Western Australia prospective for nickel-copper mineralisation. In its assessment, the company identified the thick sedimentary sequence of the Salvation Basin is intruded by a series of mafic-rich dolerite and gabbro sills belonging to the Warakurna Large Igneous Province, or “LIP”, which extends roughly on an east-west trend from the Bangemall Basin in the west to include the Giles layered intrusive complex in the east for a length of approximately 1500 km.
Lefroy is gearing up to explore its own patch of dirt in an unexplored mineral province, everyone will be keen to see if Lefroy can recreate the exploration-boom of the South West Mineral Terrane and discover another world-class nickel province.