Lefroy secures final approvals to start mining at Lucky Strike
Exploration and development company Lefroy has received final approvals from the Western Australian Department of Mines, Petroleum and Exploration (DMPE) for gold mining at its Lucky Strike project near Kalgoorlie, paving the way for operations to begin this month.
The DMPE has approved the project’s Mine Development and Closure Plan (MDCP) and clearing permit, enabling BML Ventures to begin site works and pre-strip activities in November. The first ore is scheduled for toll treatment at FMR Investments’ Greenfields Mill in Coolgardie in February 2026.
“The acceptance by the DMPE of the MDCP represents the final major approval for the project, paving the way for earthworks to commence at Lucky Strike,” said Lefroy CEO Graeme Gribbin. “Exposed to the current buoyant gold market, this truly represents the most exciting period for Lefroy shareholders, as the company advances towards being first-time gold producers, unlocking real value and setting the stage for a strong profitable 2026 and beyond.”
Under a profit-sharing agreement signed in February 2025, BML will fund and manage all mining, operational and capital costs at Lucky Strike, allowing Lefroy to remain in a strong cash position ahead of profit distribution in the first half of 2026.
The Lucky Strike deposit hosts a mineral resource of 1.27-million tonnes grading 1.95 g/t gold for 79 600 oz. The project’s accelerated mine-to-mill timeline aims to achieve first gold production by March 2026.
Lefroy also maintains a A$2.5-million profit cash advance facility with BML to support project development, with A$1.25-million already received.
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