Lexington Gold, a gold exploration and development company with projects in North and South Carolina, USA, has announced that its Phase 2 reverse circulation (RC) drilling programme on the Loflin side of its Jones-Keystone-Loflin Project (JKL) has now been completed, such that the drill rig is now mobilising to the Jones-Keystone side of project. The RC drilling programme at JKL forms part of the company's larger ongoing 5000 m RC drill programme.
- A total of 18 drill holes for an aggregate of 1695 m were drilled at Loflin.
- Due to the significant sulphide mineralisation intersected on the southern side and outside of the current known Loflin resource (Loflin South), two additional RC drill holes were drilled in the newly identified area.
- Detailed logging and sampling of the 18 holes drilled on the combined Loflin South and main Loflin deposit has now been completed, with multiple intersections of sulfide mineralisation and alteration zones of over 25 m identified.
- An additional 278 samples comprising of 4 m sample composites as well as standards, blanks and duplicates have now been dispatched to American Assay Labs (AAL) in Nevada for gold assaying, as well as whole-rock geochemistry analyses.
- The company is expecting all of the remaining outstanding assay and whole-rock results for its Carolina Belle project to be received back from SGS by the end of February 2022.
Bernard Olivier, Lexington Gold's CEO, commented: “We are pleased that drilling is now progressing well following the repairs carried out on the drill rig in January. We continue to be excited about the significant sulphide and alteration zones intersected at both Loflin and the Loflin South extension. We believe that such intersections could potentially contribute significantly to an enhanced JORC mineral resource estimate, originally established and reported following our Phase 1 drilling in 2021, which was one of the key goals for this ongoing drilling programme.
“The completion of the drilling programme on the Loflin side of JKL is an encouraging milestone for Lexington Gold as we progress through the different stages of the planned 5000 m RC drilling programme, and I look forward to providing the results for all of the Loflin samples and the outstanding Carolina Belle assays in due course.”
Read the article online at: https://www.globalminingreview.com/exploration-development/22022022/lexington-gold-completes-loflin-drill-programme/