10th Mar 2022 21:21
Lexington Gold Ltd - Bermuda-based gold company with projects in the US - Drills six holes for an aggregate of 675 metres at Jones-Keystone, concluding the 5,000 metre reverse circulation drilling campaign.
Initial logging has identified multiple intersections of alteration zones and sulphides mineralisation. Primary aim of drilling one the Jones-Keystone Loflin project is to enable the estimation of a maiden resource estimate.
"We believe the drilling at Jones-Keystone will enable the establishment of an initial maiden JORC resource estimate for Jones-Keystone once the assay results are received in due course. This can then be further expanded through a follow up drill campaign similar to our plan for the Loflin side of JKL. We eagerly await receipt of the final results from the initial reconnaissance drilling at Carolina Belle and the initial results from Loflin and Loflin South," says Chief Executive Officer Bernard Olivier.
Current stock price: 3.00 pence
12-month change: down 7.7%
By Dayo Laniyan; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
Lexington Gold