Lefroy Exploration (ASX:LEX)

Lefroy Exploration (ASX:LEX)

Lefroy Exploration Limited (ASX:LEX) is a Perth-based gold explorer focused on greenfields exploration in WA, targeting multi-million ounce gold discoveries.

Lefroy Exploration’s flagship project is the Lefroy Gold Project located 60km South of Kalgoorlie and covers over 598km2. The project is split into two parts:

  • Eastern Lefroy – where Lefroy Exploration undertakes early stage greenfields exploration and has had success in defining a number of new exploration targets along the Mt Monger Fault with a potential strike length of  more than 20km; and
  • Western Lefroy– where global gold producer Gold Fields (JSE:GFI) is farming in and bringing its significant regional geological knowledge and vast resources to the project.

Both Eastern and Western Lefroy are considered highly prospective for major gold discoveries and lie in a historically under-explored area within a highly prospective geological location near Kalgoorle.

Board and Management

Wade Johnson
Managing Director

Wade Johnson is a geologist with over 25 years’ experience in mineral exploration with a focus on gold in Western Australia.

He was most recently exploration manager for Kalnorth Gold Mines Limited where he oversaw exploration of the company’s gold tenements near Kalgoorlie over a period of five years.

Prior to this Johnson was with Newmont for 10 years where he held senior roles as Exploration Manager for Australia and then as Exploration Manager for Asia Pacific. During this time he was responsible for the management of green-fields exploration programs and project generation across the Yilgarn, Tanami, North Queensland and the Lachlan Belt (NSW) with a significant amount of activity in Western Australia.

Gordon Galt
Non-executive Chairman

Gordon Galt is a mining engineer with extensive experience in operations, project development, senior management and directorship across a range of commodities, especially gold, copper and coal.

He was General Manager at Ulan Coal in NSW’s Hunter Valley then Managing Director at Cumnock Coal in 1996. He then was Managing Director with Newcrest Mining where he oversaw development of the Cadia and Ridgeway Copper/Gold mines in NSW, the Gosowong Gold Mine in Indonesia, and the redevelopment of the Telfer Copper/Gold mine in WA.

Galt entered investment banking in 1999 as Managing Director for Energy, Chemicals and Pharma at ABN AMRO and later was a founding Principal at Taurus Funds Management Pty Ltd. He is currently Chairman of NuCoal Resources Ltd and is a Non-Executive Director of Finders Resources Ltd and Realm Resources Limited.

Michael Davies
Non-Executive Director

Michael Davies is a specialist in resource financing, with over 20 years’ experience in investment banking (Barclays, BZW and ABN AMRO) originating, structuring and arranging debt and providing corporate advice to natural resources companies internationally.

He also has had extensive commercial experience in the mining industry having been involved in the negotiation of joint venture agreements, participating on joint venture committees and negotiating the acquisition and sale of mining tenements. Davies is also a founding Principal and Director of Taurus Funds Management Pty Ltd and a Director of NuCoal Resources Ltd and Realm Resources Ltd.

Geoffrey Pigott
Non-Executive Director

Geoffrey Pigott has worked as a professional geologist in a career that encompasses mineral exploration, resource development and mining. His experience has been mainly in gold and base metals with major mining companies including Rio Tinto, Anglo-American, Freeport-McMoran and Newcrest.

More recently as Head of Exploration with Aquila Resources, he played a lead role in assembling its extensive portfolio of iron ore, coal and manganese projects.