Lexington Gold has announced that drilling operations have commenced at its Jones-Keystone-Loflin Project (JKL).
As announced by the company on 2 February 2021, the initial drilling programme will consist of six diamond drill holes for an initial minimum of 610 m and will focus on the south-western (Loflin) side of the JKL Project (the phase one drilling campaign).
The objective of the Phase One Drilling Campaign is to conduct predominantly infill drilling and to confirm and expand on the results of historical third-party drilling performed at Loflin. The drill programme will therefore seek to follow up on historical third-party drill intersections such as hole LOC90-01’s 48.8m interval @ 1.12g/t Au from surface including 18.3m @ 1.57g/t Au.
Bernard Olivier, Lexington Gold’s CEO, commented:
“We are delighted to announce the commencement of drilling at our JKL Project being the first drill campaign for Lexington Gold since re-listing on AIM a few months ago. This represents an important milestone for the company and is the first key step in implementing our strategy as we seek to swiftly explore and progress the four excellent gold projects in which we hold majority interests in the Carolinas region of the USA.
“Depending on the results of the Phase One Drilling Campaign and the verification of the historical drill results, we intend establishing an initial maiden resource estimate for JKL as soon as practicable with the aim of potentially expanding and increasing such resource through additional future drilling.
“We are excited to get underway and look forward to providing further updates as the campaign progresses.”
Read the article online at: https://www.globalminingreview.com/mining/01032021/lexington-gold-commences-drilling-at-jkl/