| Announcement Date: | 2022-11-14 |
|---|---|
| Announcement Type: | Deposit Estimation |
| Announcement Code: | JORC |
| Company name: | Lexington Gold Ltd. |
| Project name: | Jones-Keystone-Loflin |
| Location: | United States |
| Commodities: | Gold |
| Highlight: | Updated Resource Estimate for Project |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Lexington Gold (AIM: LEX), the gold exploration and development company with projects in North and South Carolina, USA, is pleased to announce the receipt of a maiden independent JORC (2012) Mineral Resource Estimate for the Jones-Keystone side of the Jones-Keystone-Loflin (“JKL”) Project prepared by Pivot Mining Consultants Pty Ltd (“Pivot”). Pivot was requested by Lexington Gold to provide a maiden Mineral Resource Estimate (with an effective date of 10 November 2022) for the Jones-Keystone deposit that forms part of the Company’s JKL Project, located in North Carolina, USA, utilising the results of the additional drilling completed by Lexington Gold in 2022. The Mineral Resources have been reported in accordance with the guidelines of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (2012 Edition)” (JORC Code). The Mineral Resource Estimate was undertaken by Ken Lomberg, who is a Competent Person with the requisite professional experience, as set out in the JORC Code. Mr Lomberg is the Director of Geology and Resources at Pivot. |
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