Lexington Gold gives South Africa drilling replace

Highlights:

• Profitable completion of the percussion drilling section on the Bothaville Venture, which is essential for cost-effective penetration of the overlying Karoo sediments.
• The higher part of the Karoo sediments is at the moment being sampled to check for the potential presence of heavy minerals which have beforehand been reported on this space.
• Diamond drilling beneath the Karoo sediments has now commenced on two of the deliberate 4 mom holes and shall be adopted by wedging.
• The drilling programme is progressing as deliberate and is at the moment anticipated to be accomplished by the top of February 2024.
• The principle exploration targets are the gold-bearing conglomerates of the Kimberley Formation (together with A-Reef) which subcrops beneath the Karoo cowl beginning at a depth of 250 m, the place diamond drilling is being utilised.

Ed Nealon, Lexington Gold’s Chairman, commented:

“We’re happy to announce progress made in respect of our ongoing 2023/24 drilling marketing campaign on the Bothaville Venture within the Witwatersrand Gold Basin. This strategic initiative includes over 2000 m of deliberate drilling aimed toward validating and increasing the identified gold mineralisation at Bothaville, inside the Kimberley Formation. Within the coming months, we stay up for offering additional updates and are dedicated to producing worth for our shareholders and wider stakeholders.”