Lexington Gold provides South Africa drilling update

Highlights:

• Successful completion of the percussion drilling phase at the Bothaville Project, which is crucial for cost-effective penetration of the overlying Karoo sediments.
• The upper section of the Karoo sediments is currently being sampled to test for the potential presence of heavy minerals which have previously been reported in this area.
• Diamond drilling below the Karoo sediments has now commenced on two of the planned four mother holes and will be followed by wedging.
• The drilling programme is progressing as planned and is currently anticipated to be completed by the end of February 2024.
• The main exploration targets are the gold-bearing conglomerates of the Kimberley Formation (including A-Reef) which subcrops beneath the Karoo cover starting at a depth of 250 m, where diamond drilling is being utilised.

Ed Nealon, Lexington Gold’s Chairman, commented:

“We are pleased to announce progress made in respect of our ongoing 2023/24 drilling campaign at the Bothaville Project in the Witwatersrand Gold Basin. This strategic initiative involves over 2000 m of planned drilling aimed at validating and expanding the known gold mineralisation at Bothaville, within the Kimberley Formation. In the coming months, we look forward to providing further updates and are committed to generating value for our shareholders and wider stakeholders.”

Read the article online at: https://www.globalminingreview.com/mining/30012024/lexington-gold-provides-south-africa-drilling-update/