Lefroy Exploration Limited announced that an aircore (AC) drill program is underway to evaluate geophysical targets and the eastern limits of Burns copper gold prospect over a 2000m corridor beneath Lake Randall. Burns is within the Eastern Lefroy tenement package, which is part of the wholly owned greater Lefroy Gold Project (LGP) located 50km southeast of Kalgoorlie. At Burns, broad high-grade gold mineralisation is hosted within a newly discovered hematite-pyrite-chalcopyrite-magnetite altered diorite porphyry that intrudes high Mg basalt. The copper and gold mineralisation hosted by both the diorite porphyry, basalt and massive magnetite veins is considered by the Company to be a new style of Au-Cu-Ag mineralisation in the area. The existence of additional mineralisation under Lake Randall is entirely possible and the current drill program to expand the system is now underway. A detailed aeromagnetic survey completed over the broader Burns area in August 2021 defined multiple Burns look alike magnetic anomalies over a 3000m trend, known as the Burns Corridor. The Company interprets that the anomalies represent magnetite alteration zones within and surrounding porphyry dioritic intrusions that are additional to, and similar in style to Burns. Lovejoy also has a coincident, positive gravity (dense rock) anomaly of similar geophysical character to Burns. That triggered the Company to commence a staged drilling program to assess the limits of the Burns mineral system. Stage 1 of the program involved drilling land-based targets (onshore) using an RC rig, with stage 2 requiring a specialised lake aircore rig to evaluate targets (e.g., Lovejoy) in Lake Randall (offshore). In October the stage 1 "onshore" RC drilling program was completed. A total of 17 angled holes for 3336m evaluated 6 magnetic anomalies, including six holes at Burns. Nine RC holes evaluated the Smithers, Flanders, Skinner and Lovejoy magnetic anomalies up to 2000m north of Burns all intersected altered diorite and basalt similar to that observed at Burns. The strongest alteration in dioritic porphyry was intersected in holes at Lovejoy and Skinnner. Holes LEFR296 and 297 are located on the western margin of Lovejoy. Hole LEFR297 intersected significant intervals of hematite silica altered porphyry and associated Cu-Au-Ag mineralisation. A fault zone with angular diorite clasts in an intense hematite altered silica matrix including strong fine disseminated magnetite and sulphides was intersected from 228m to 250m. Significant results from hole LEFR297 included: 10m @ 0.21g/t Au & 0.60% Cu & 2.5g/t Ag from 218m Including 2m @ 0.41g/t Au & 1.56% Cu & 5.5g/t Ag from 225m and 8m @ 0.22g/t Au & 0.51% Cu & 1.75g/t Ag from 250m to EOH Including 2m @ 0.67g/t Au & 1.53% Cu & 5.0g/t Ag from 256m to EOH. The hole, located on the edge of lake Randall was abandoned at 258m due to high flows of ground water. The last 2m of the hole ended in strong copper mineralisation hosted by altered diorite porphyry and basalt with associated gold and silver credits. Importantly interpretation of the whole rock geochemistry from this single hole at Lovejoy has a similar character to that observed at the Burns anomaly. Results for the remaining 16 RC holes of this program are expected in December 2021.