Lefroy Exploration Ltd.ASX: LEX

Western Lefroy Farm-In and JV Update - Shortfall Payment

· Issued by Lefroy Exploration Ltd.

Filed with ASX · · 7 pages · English

• Under the WLFI, St Ives Gold Mining Company Pty Ltd, a wholly owned subsidiary of Gold Fields Limited (Gold Fields) had the right to spend $10million on exploration by 7 June 2021 to earn the right to 51% of the Western Lefroy Project. • The WLFI allowed any shortfall in expenditure against the $10million requirement (“shortfall”) to be made up by a cash payment. Gold Fields has informed Lefroy

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