Lefroy Exploration secures final mining, exploration approvals for Lucky Strike project

Lefroy Exploration Advances Lucky Strike Project with Final Approvals

Lefroy Exploration has secured all required mining and environmental permits for its Lucky Strike gold project, including a Mine Development and Closure Plan from the Department of Mines, Petroleum and Exploration and a clearing permit for mining tenement M25/366. These approvals enable the commencement of site clearing and pre-strip activities, scheduled for November 2025.

BML Ventures, operating as the project's profit-sharing partner and mining contractor, will manage all operational and capital activities at the site. The first ore is expected to be processed via toll treatment at FMR Investments’ Greenfields Mill in Coolgardie by February 2026. Lefroy Exploration will maintain a strong cash position until profit distribution, anticipated in the first half of 2026.

• Mineral resource estimate: 1.27 million tonnes at 1.95g/t gold for 79,600oz (indicated: 43,400oz; inferred: 36,200oz)
• Final regulatory approvals include the Mine Development and Closure Plan and environmental clearances
• Lefroy Exploration, in partnership with BML Ventures, is progressing the project near Kalgoorlie, Western Australia