Lefroy Exploration Ltd. (AU:LEX) has released an update.
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Lefroy Exploration Ltd. reported significant gold findings from their latest drilling program at Lucky Strike and Havelock, with notable assays extending known mineralization. The Perth-based company, with a growing gold portfolio in Western Australia, remains focused on commercializing its gold resources and has a robust financial standing with $1.3 million in cash reserves and no debt. In corporate developments, David Kelly was appointed as the new Non-Executive Chairman, and the company received a substantial tax refund post-quarter for R&D activities.
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