Lefroy Exploration (ASX:LEX) secured its first toll milling agreement for processing Lucky Strike project ore at Greenfields Mill in Western Australia, according to a Tuesday filing with the Australian bourse.
Under the deal between the company's mine profit-sharing partner, BML Ventures, and FMR Investments, BML secured a February 2026 milling slot to toll treat third-party ore from the project, the filing said.
BML must notify FMR by Jan. 7, 2026, of its intention to proceed with the milling slot, with metallurgical test work provided by the same date.
The company expects a throughput of 80,000 to 90,000 dry metric tonnes for the February 2026 toll treatment parcel, per the filing.
Shares were down 5% in morning trade on Tuesday.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。