The company said drilling returned intersections including 8m at 3.93g/t gold from 141m, including 3m at 9.44g/t gold, and 6m at 5.48g/t gold from 69m, including 2m at 12.8g/t gold. Lefroy said results from the North Shaft Shear and Main Shear included mineralisation outside the existing Mineral Resource Estimate.
Lefroy said the East Shear remains open down plunge and that sparse drilling across more than 1km of the broader East Shear zone presents potential for further high-grade discoveries. The company reported Mt Martin’s total Indicated and Inferred resource at 9.1Mt at 1.6g/t gold for 460,000 ounces.
Lefroy is assessing whether to incorporate higher-grade portions of the Burns Central deposit into the Mt Martin Scoping Study, which would evaluate combined regional asset metrics, centralised infrastructure and optimised production profiles. The company said the study is scheduled for completion in the December 2026 quarter.
At Lucky Strike, Lefroy said approvals and licence amendments are progressing for an additional dewatering corridor. The company said these steps are intended to enable elevated dewatering activities and full operations to recommence in early 2027.
Source: Download LEX official ASX announcement, 2026-10-30.
Mt Martin Gold Project drill-results plan view from Lefroy Exploration's Quarterly Activities Report dated 30 October 2026.