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American Focus > Blog > Economy > Lefroy begins gold production at Lucky Strike Mine
Economy

Lefroy begins gold production at Lucky Strike Mine

Last updated: February 24, 2026 2:00 am
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Lefroy begins gold production at Lucky Strike Mine
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Lefroy Exploration has recently commenced initial production at the Lucky Strike Gold Mine located near Kalgoorlie in Western Australia. The company has successfully shipped its first three gold doré bars to the Perth Mint Refinery for final refining. These bars collectively weigh 27.2kg, equivalent to an estimated total of 584oz of gold.

The current toll milling campaign for the Lucky Strike Gold Mine is currently underway at the FMR Greenfields plant in Coolgardie and is anticipated to be completed by the end of February. There are additional ore reserves situated at both the Lucky Strike and mill run of mine pads, awaiting processing.

Lefroy is collaborating with its profit share partner, BML Ventures, to negotiate further toll milling capacity for the project. The company aims to release more details regarding these negotiations in the near future.

The Lucky Strike Gold Deposit boasts a mineral resource estimate (MRE) of 1.27 million tonnes (mt) at 1.95 grams per tonne (g/t) gold, equating to approximately 79,600oz. This includes an indicated resource of 700,000t at 1.93g/t, amounting to 43,400oz, and an inferred resource of 570,000t at 1.97g/t, totaling 36,200oz.

CEO of Lefroy, Graeme Gribbin, expressed his satisfaction with the production of the first gold doré bars from the Lucky Strike Gold Project. He acknowledged the efforts of past and present employees and management, as well as the support from shareholders and investors that have facilitated this milestone. Gribbin emphasized the value that the company is poised to deliver to its shareholders through the Lucky Strike project and its broader Lefroy Project.

See also  Emerging market equity funds lure investors fleeing overvalued U.S. assets

In November 2025, Lefroy secured all final mining and environmental approvals for its Lucky Strike gold project. This achievement marks a significant step forward for the company in its quest for successful gold production.

The article “Lefroy commences gold production at Lucky Strike Mine” was originally published by Mining Technology, a GlobalData-owned brand.

Please note that the information provided in this article is for general informational purposes only and should not be relied upon as advice. It is recommended to seek professional advice before making any decisions based on the content presented here.

TAGGED:beginsGoldLefroyLuckyProductionStrike
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