Lefroy Exploration Ltd

Via Australian Resources & Investment Lefroy eyes Mt Martin growth after standout gold hits Lefroy Exploration Ltd has strengthened the growth case for its Mt Martin #gold project in Western Australia’s Eastern Goldfields after drilling returned a series of high-grade gold intersections beyond the current 460,000-ounce Mineral Resource. The company has also confirmed a placement of $3.6 million through a placement to institutional and sophisticated investors, with directors committing $317,570 subject to shareholder approval. Continue reading: https://loom.ly/iXieSjY #LefroyExploration #LEX #ASX #WAMining

#ASXnews High-Grade gold intersections at Mt Martin demonstrate growth potential Lefroy Exploration Ltd is pleased to report highly encouraging assay results from its recent #drilling campaign at the Mt Martin Gold Deposit, located within the Location 45 freehold property in the Eastern Goldfields of Western Australia. HIGHLIGHTS • Significant high-grade #gold intersections at Mt Martin demonstrate the potential for resource growth, with results including; o 8m @ 3.93 g/t Au from 141m, including 3m @ 9.44 g/t Au (LEFR1161) o 9m @ 3.36 g/t Au from 94m, including 1m @ 9.88 g/t Au (LEFR1145) o 6m @ 5.48 g/t Au from 69m, including 2m @ 12.8 g/t Au (LEFR1148) o 15m @ 1.29 g/t Au from 90m, including 3m @ 3.27 g/t Au (LEFR1151) o 8m @ 1.95 g/t Au from 83m, including 2m @ 4.91 g/t Au (LEFR1174) • Several high-grade intercepts sit well outside the current 460,000-ounce Mineral Resource Estimate. • Results from the East Shear successfully validate down-plunge continuity across an under-drilled 1km strike length. • Drilling confirms high-grade mineralisation and identifies open, untested down-plunge shoots. • The Mt Martin Scoping Study remains on track for completion and delivery during the current September quarter. • Integrated Portfolio Growth: Resource modelling is underway to update the high-grade gold domain within the Burns mineral resource estimate. #LEX MANAGING DIRECTOR, GRAEME GRIBBIN, COMMENTED "These significant assay results from Mt Martin demonstrate the resource growth potential at Mt Martin. When drilling commenced in April, our primary goal was to unlock shallow, high-grade resource growth potential along strike and down plunge. These assay results highlight that the system holds substantial along strike and down plunge upside. “Importantly, these results provide us with a new platform for understanding the best corridors for resource growth. They complement our broader strategy of expanding our 1 million-ounce gold resource base. In parallel with the Mt Martin Scoping Study, we are moving quickly to translate this exploration success into improved project economics. “With momentum building at Mt Martin, coupled with upside potential from our soon-to-be updated high-grade domains within the Burns mineral resource estimate, Lefroy is uniquely positioned to deliver a high-value growth profile for shareholders.” View announcement: https://loom.ly/axYMknA #LefroyExploration #ASX

Managing Director Graeme Gribbin and the Lefroy Exploration Ltd team are onsite at the Diggers & Dealers Mining Forum in Kalgoorlie, Western Australia. Drop by booth #77 and chat to the team, who are available to answer any questions about the Company as it transitions from explorer to producer. View event details: https://loom.ly/ZCW_HP4 #LefroyExploration #LEX #DiggersAndDealers #Gold #GoldMining

#ASXNews Quarterly Activities Report For the three months ended 30 June 2026 Lefroy Exploration Ltd is pleased to present its quarterly activities report for the three months ended 30 June 2026. Lucky Strike • High-grade grade control #drilling at Lucky Strike validated the resource model, with the strongest result of 16m @ 3.39g/t Au from 127m, including 2m @ 11.09g/t Au from 138m. Mt Martin • The combined Indicated and Inferred Mineral Resource Estimate (MRE) increased and is now at 9.1Mt @ 1.6 g/t Au for 460,000 contained ounces of #gold, representing a 5% increase on the 2024 MRE. • Drilling commenced with an initial 4,000m Reverse Circulation (RC) drilling campaign, targeting shallow resource growth primarily testing the Main, East and Adelaide Shear Zones. • Following the updated MRE, Lefroy commenced a Scoping Study to assess potential development scenarios, including open pit mining options, processing strategies, infrastructure requirements and project economics. Burns High-Grade Deposit • Test work confirmed 97% gold recovery by conventional cyanide leaching from oxide and fresh rock domains at typical processing conditions, in addition to high gravity gold recoveries ranging from 38% to 57%. • Updated MRE for the high-grade zone of Burns to be completed before the end of the September quarter. Corporate • Appointment of experienced geologist Mr James Knowles as Non-Executive Director. • Lefroy completed a placement of $3.6 million (before costs), and as at 30 June 2026, the Company had cash reserves of $3.1 million. #LEX CEO, GRAEME GRIBBIN, COMMENTED: “Following our milestone transition from explorer to producer, the June quarter marked another significant step in advancing Lefroy’s portfolio. “While we continue progressing Lucky Strike, underpinned by strong grade control drilling results in April, we made substantial progress across our Mt Martin and Burns projects. “At Mt Martin, we increased the Mineral Resource to 460,000 ounces, began an RC drilling program and commenced a Scoping Study, in addition to delivering excellent metallurgical results at Burns. “We welcomed new shareholders to the register in a $3.6 million Placement to advance works at Mt Martin and Burns, we are in a strong position to make significant developments at our gold deposits throughout the year.” View report: https://loom.ly/bNf0qrU #LefroyExploration #ASX

Metallurgical test work from the high-grade zones within Lefroy Exploration Ltd's Burns Gold Deposit, has confirmed 97% #gold recovery by conventional cyanide leaching from oxide and fresh rock domains at typical processing conditions. High gravity gold recovery ranging from 38% to 57%. In December 2025, #LEX embarked on a diamond drilling program, consisting of one drill hole (LEFD010) designed to target the high-grade gold resource at Burns for the purpose of capturing material for metallurgical test work. Re-domaining of the current Burns high-grade resource wireframes will commence immediately to incorporate the improved understanding of mineralogy and metallurgical domains within the Burns deposit and guide development studies. See the latest Project update: https://loom.ly/DAFZhVY #LefroyExploration #ASX #Mining #Exploration

At last week’s Noosa Mining Investor Conference, Lefroy Exploration Ltd Managing Director Graeme Gribbin outlined the strategic growth pathway for the Company’s Western Australian #gold portfolio. Graeme detailed that a Scoping Study is currently underway at the Mt Martin Gold Project following the recent completion of resource growth drilling, while also highlighting the significant potential for further resource growth at the Burns deposit. Watch recording: https://loom.ly/jYPakgw #LefroyExploration #LEX #ASX

Drop by booth #77 and see the Lefroy Exploration Ltd team if you're attending the Diggers & Dealers Mining Forum 3-5 August 2026 in Kalgoorlie, Western Australia. See the event details: https://loom.ly/ZCW_HP4 #LefroyExploration #LEX #ASX #DiggersandDealers #InvestmentForum #MiningInvestment #Gold #GoldMining #GoldExploration

Lefroy Exploration Ltd Managing Director Graeme Gribbins presented at this week’s Noosa Mining Investor Conference, outlining the Company’s growth strategy to unlock value from its 1 Moz shallow, high-grade gold resource base in Western Australia's Kalgoorlie Goldfields. The presentation highlighted near-term cash flow from the Lucky Strike mine alongside key scoping and resource expansion studies at Mt Martin and Burns Central to drive self-funded growth in the Kalgoorlie Goldfields. View presentation: https://loom.ly/48P1jWg #LefroyExploration #LEX #Gold #GoldMining #NoosaMining

Drop by the Lefroy Exploration Ltd booth if you're attending the Noosa Mining Investor Conference this week. The #LEX team is on-site to share the latest updates across the Greater Lefroy High-Grade #Gold Project (Mt Martin, Burns, Lucky Strike) as they advance towards consolidated production outcomes. #NoosaMining #LefroyExploration #LEX #ASX

#ASXnews Noosa Mining Investor Conference Presentation - 22 July 2026 Lefroy Exploration Ltd is pleased to share its investor presentation for the Noosa Mining Investor Conference. View presentation: https://loom.ly/48P1jWg #LefroyExploration #LEX #ASX