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Lexington Gold (LEX) Share News

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IN BRIEF: Lexington Gold reports exploration target in South Africa

15th Jan 2025 07:01

Lexington Gold Ltd - gold exploration and development in South Africa and US - Establishes maiden exploration target for its Bothaville project in the Free State Province, South Africa. The exploration target estimation is based on recent drilling results, historical data and advanced geographical modelling. This shows up to 5.8 million ounces of gold is contained in the maiden exploration target of 16 million to 30 million tonnes of ore at an average grade of 2.26 to 6.03 grammes of gold per tonne. Chair Ed Nealon says: "It serves to validate and reaffirm Lexington Gold's strategic focus on high-quality, scalable projects in the Witwatersrand Basin." Read More

EARNINGS AND TRADING: Directa Plus loss narrows to EUR4.3 million

26th Jun 2024 14:31

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

IN BRIEF: Lexington says assay suggests "substantial" gold presence

17th Jun 2024 16:30

Lexington Gold Ltd - gold exploration and development company with projects in South Africa and US - Announces assay results from the recent gold exploration drill programme at its Jennings-Pioneer project in South Carolina. Assay results from 495 metres of drill core from three drill holes confirm the along strike and down plunge continuation of the Barite Hill Trend gold mineralisation onto the project. All three target zones of the Barite Hill Trend were successfully intersected, massive sulphides, semi-massive sulphides and associated quartz barite veins were found in all three holes. Notes significant intercepts from drill core gold and Tellurium assays. Read More

TRADING UPDATES: Ixico wins deal; United Oil & Gas settles debt

23rd May 2024 18:37

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

EARNINGS AND TRADING: itim loss narrows; Vela trims EnSilica stake

13th May 2024 18:55

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

Lexington Gold completes drilling at South Carolina mining project

16th Apr 2024 10:27

(Alliance News) - Lexington Gold Ltd on Tuesday said its gold, silver and copper exploration drill programme at its Jennings-Pioneer project in the US state of South Carolina has now been completed. Read More

EARNINGS AND TRADING: RTC back in profit but Goldplat earnings fall

25th Mar 2024 17:31

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

Lexington Gold inks deal with Logan Drilling for work in Carolina

11th Mar 2024 13:35

(Alliance News) - Lexington Gold Ltd on Monday said that it has signed a contract with Logan Drilling Group to start this year's drilling programme at the Jennings-Pioneer project on the Carolina Slate Belt in the US. Read More

TRADING UPDATES: Begbies trading in line; Probiotix inks partnership

26th Feb 2024 20:17

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

26th Feb 2024 15:47

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TRADING UPDATES: Lexington completes Bothaville drilling phase

30th Jan 2024 14:20

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

IN BRIEF: Lexington Gold starts drilling programme at Bothaville

8th Dec 2023 12:17

Lexington Gold Ltd - gold exploration and development company with projects in the US and South Africa - Says 2023/24 drilling programme at the Bothaville project in the Witwatersrand Gold Basin in South Africa. Campaign aims to confirm and expand the gold mineralisation area intersected in historic third-party drilling. Main exploration targets are the Kimberley Formation's gold-bearing conglomerates. Company expects drilling programme to take between two and three months, "in light of a scheduled Christmas shutdown period". Read More

EARNINGS AND TRADING: Celebrus swings to profit; Aquila revenue flat

27th Nov 2023 14:00

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

IN BRIEF: Lexington Gold sells 26% of White Rivers to selected partner

17th Oct 2023 14:25

Lexington Gold Ltd - gold exploration and development company with projects in the US states of North and South Carolina - Completes 'broad-based black economic empowerment' partnership arrangements for White Rivers Exploration Proprietary Ltd. As previously announced, says it was the sole owner of WRE for an interim period post-completion of the acquisition of WRE, pending a 26% interest being transferred to its selected B‑BBEE partner. Says it has now completed agreements with Letsema Holdings Proprietary Ltd as its B-BBEE partner, in accordance with South African mining law and its prospecting rights obligations. As a result, Lexington Gold now owns 74% of WRE. Letsema is a black South African owned, family office and diversified long-term investment holding company. Read More

TRADING UPDATES: Tintra receives bid approach; NCC trading in line

7th Sep 2023 20:27

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Lexington Gold shares fall as reports widened interim loss

4th Sep 2023 12:42

Lexington Gold Ltd - gold exploration and development company with projects in the US states of North and South Carolina - Says the first half of the year was "particularly successful" as it reports a slightly widened loss. In the six months ended June 30, Lexington reports a pretax loss of USD402,000, widened from USD367,000 the year prior as its operating expenses tick up to USD397,000 from USD363,000. Says it spent the first half of 2023 assessing new gold exploration opportunities, as well as the advancement of its existing US projects. As at June 30, the company's assets total USD5.2 million, up from USD5.1 million as at December 31. Read More

IN BRIEF: Lexington Gold hails "promising" set of assays at Argo

24th Jul 2023 11:55

Lexington Gold Ltd - Gold exploration and development company with projects in the US states of North and South Carolina - Reports assay results from the surface exploration and trenching sampling programme at its Argo project in Nash County, North Carolina. Analysis of multi-element assays and detailed trench mapping data have defined complex mineralised vein arrays, the company says. Trench assay results also confirm gold is present at the surface at the Argo project. Results include: 24 metres at 1.10 grams per tonne of gold from 14 metres to 38 metres, and 8 metres at 0.61 grams per tonnes of gold from 16 metres to 24 metres. Read More

IN BRIEF: Lexington Gold raises GBP2.5 million to "unlock value"

10th Jul 2023 13:41

Lexington Gold Ltd - gold explorer with projects in North and South Carolina - Raises GBP2.5 million from existing and new investors through the issue of 41.9 million shares. The proceeds will be used to "unlock value" from its proposed conditional acquisition of a 76% interest in White Rivers Exploration Proprietary Ltd, an exploration and development company with gold assets in South Africa. Company will use net proceeds to undertake detailed geological analysis, establish requisite work, preparation work on comprehensive independent report. Read More

TRADING UPDATES: R&Q premiums rise as presses on with separation

29th Jun 2023 15:40

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: WANDisco in extra cost savings; SRT raises GBP750,000

26th Jun 2023 20:05

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Monday and not separately reported by Alliance News: Read More

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