** Shares of Lefroy Exploration Ltd LEX.AX rise as much as
4.6% on A$0.460, their highest since Oct 18
** The gold and nickel exploration co announces lodging five
exploration licence applications over new nickel project named
Glenayle in Western Australia urn:newsml:reuters.com:*:nASXlX08J
** Adds that licenses cover 2735 square kms currently held
by Johnston Lakes Nickel, co's unit
** Stock up 100% this year, as of last close
(Reporting by Jaskiran Singh in Bengaluru)
((Jaskiran.Singh@thomsonreuters.com))