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Lexington Gold (LEX) Share News

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

IN BRIEF: Lexington notes investor support for White Rivers deal

21st Jun 2023 15:27

Lexington Gold Ltd - gold explorer with projects in North and South Carolina - Says it has support from 52% of investors so far for meeting resolutions, including approval of White Rivers Exploration (Pty) Ltd acquisition. Read More

UK shareholder meetings calendar - next 7 days

19th Jun 2023 15:46

Read More

Lexington Gold buys 76% stake in White Rivers Exploration Proprietary

15th May 2023 12:23

(Alliance News) - Lexington Gold Ltd on Monday said its subsidiary has entered into a conditional share subscription and loan agreements to acquire 76% of White Rivers Exploration Proprietary Ltd. Read More

AIM WINNERS & LOSERS: Lexington buys stake in Witwatersand gold fields

15th May 2023 10:45

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More

Lexington Gold hails potential of Jennings-Pioneer on assay results

5th Apr 2023 15:13

(Alliance News) - Lexington Gold Ltd on Wednesday said that samples taken from the Jennings-Pioneer project have once again confirmed the high potential of the licence. Read More

TRADING UPDATES: First Class Metals finds nickel; EPE Special NAV down

6th Feb 2023 14:41

(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

Lexington Gold projects progress; sampling begins at Jennings-Pioneer

7th Dec 2022 11:34

(Alliance News) - Lexington Gold Ltd on Wednesday said soil sampling had begun at its Jennings-Pioneer project as progress continues in "highly prospective" North and South Carolina, US exploration. Read More

TRADING UPDATES: Aeorema reinstates payout; Resolute upsizes fundraise

14th Nov 2022 19:52

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

TRADING UPDATES: IQE, Trellus Health and Insig sign new agreements

17th Oct 2022 16:31

(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

EARNINGS UPDATES: Kefi tips bright outlook; Keras bets on Togo license

28th Sep 2022 14:38

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

TRADING UPDATES: GreenRo completes drilling; Mediclinic gets approval

26th Sep 2022 22:10

(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

IN BRIEF: Lexington Gold shares rise as Loflin resource estimate jumps

8th Aug 2022 10:48

Lexington Gold Ltd - Bermuda-based mineral explorer with projects in US - Shares rise as mineral resource estimate for the Loflin side of the Jones-Keystone-Loflin project in the Carolinas increases by 27%. An updated independent JORC mineral resource estimate ups Loflin deposit to 2.6 million tonnes at 0.99 grammes per tonne gold for 82,700 ounces of contained gold. In September 2021, the resource estimate put the contained gold at about 65,000 ounces. Read More

Lexington Gold shares surge on positive 1-metre sampling at Loflin

11th Jul 2022 11:13

(Alliance News) - Lexington Gold Ltd shares jumped on Monday after the firm shared positive sample re-splits from its Loflin and Loflin South project. Read More

IN BRIEF: Lexington Gold notes JKL assay results as shares surge

13th Jun 2022 14:58

Lexington Gold Ltd - Bermuda-based explorer with projects in the US - Notes "exceptional assay results" at the Jones-Keystone side of the Jones-Keystone-Loflin project in North Carolina as shares surge. Finds between 1.37 and 4.96 grammes of gold per tonne. Read More

IN BRIEF: Lexington Gold widens loss in "extremely productive" 2021

9th Jun 2022 14:50

Lexington Gold Ltd - Bermuda-based explorer with projects in the US - Widens pretax loss to USD1.0 million in 2021 from a loss of USD712,000 the previous year. Total assets at December 31 fall to USD4.8 million from USD5.5 million at the same time a year prior. Company's net cash position at the end of the year stands at USD900,000, down from USD2.9 million at the end of 2020. Calls the year "extremely productive and encouraging". Company notes encouraging exploration results since the start of 2022 from its phase two drilling campaign at its Carolina Belle and JKL projects. Does not declare a dividend, unchanged form the previous year. Read More

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