Lefroy gets cash and Coogee South from Gold Fields

LEFROY Exploration is set to be paid nearly A$1.4 million cash by Gold Fields for a shortfall in joint venture exploration expenditure, with the junior to also 100% regain a block of ground known as Coogee South southeast of Kalgoorlie.

Lefroy gets cash and Coogee South from Gold Fields Lefroy gets cash and Coogee South from Gold Fields Lefroy gets cash and Coogee South from Gold Fields Lefroy gets cash and Coogee South from Gold Fields Lefroy gets cash and Coogee South from Gold Fields

Gold Fields' St Ives is key to the major's interest in Lefroy's ground

Gold Fields was to have earned a 51% stake in 372sq.km of ground adjoining its St Ives operation by spending $10 million over a three-year period.