CAPITAL MARKETS

Gold Fields continuing to back gold explorer Lefroy

GOLD major Gold Fields will maintain its 18% stake in junior Lefroy Exploration as it undertakes a A$3.8 million fundraising to accelerate and initiate exploration of prospects near the St Ives processing plant south of Kalgoorlie.

 Lefroy's ground near St Ives in WA

Lefroy's ground near St Ives in WA

Lefroy's current key prospect is Lucky Strike, 35km north east of Gold Fields' St Ives and 5km south west of the Randalls plant, operated by Silver Lake Resources. Lefroy said earlier this month it...

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