Lefroy Exploration (ASX:LEX) said it was on target for the first ore intersection at the Lucky Strike gold mine in Western Australia by the end of December, with ore haulage on target to begin in January 2026, according to a Tuesday Australian bourse filing.
A total of 253,400 bank cubic meters (BCM) of pre-strip waste material has been mined to date within the stage 1 pit.
Its first toll-milling is scheduled to begin in February 2026.
Its shares jumped 3% in recent trading on Tuesday, reaching a three-year peak.