LEX 10.0% 11.0¢ lefroy exploration limited

Ann: Burns Update - Drilling Confirms Northern Extension, page-7

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    I used a very quick and wildly optimistic view of the information in their announcements. 180m vertical depth continuity, 40m section, 20m wide mineralised zone, 2.8 density and 7.6g/t grade from LEFR260, gives 100koz. Then assuming thickening to 30m wide 150koz.

    It’s a shame LEFR286 results were poor compared to LEFR260. Have to hope there is high grade deeper down vertically LEFR261 or proposed LEFR262.
 
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