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8.5¢ lefroy exploration limited

I used a very quick and wildly optimistic view of the...

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fmx_rider

2,606 Posts.

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23/06/21

21:26

Post #: 54027929
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Originally posted by discostu89: ↑

agreed read they are going to double shifts on the rig. Hole 262 from memory below 260 or any on the 40n line have to be crackers, hoping for some photos in coming days as they’d be drilling now I presume. Keen to see your longhand cracks of the 150k oz per 40m step outs, what was your g/t ave?

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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.

LEX Price at posting: 95.0¢ Sentiment: None Disclosure: Not Held
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