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Lexington Gold ( (GB:LEX) ) has provided an announcement.
Lexington Gold has commenced drilling operations at its Jennings-Pioneer Project in South Carolina, USA, following the arrival of a drill rig on site. This initiative is part of the company’s strategy to expand on previous exploration successes and assess the potential for significant mineralisation, including gold, silver, and base metals. The project is situated in the Carolina Slate Belt, a region known for its rich gold deposits, and aims to contribute to strengthening mineral supply chains in North America. The drilling program will integrate historical and modern data to advance resource development, with results expected to enhance Lexington Gold’s positioning in the industry.
More about Lexington Gold
Lexington Gold is a gold exploration and development company with interests in projects located in North and South Carolina, USA, and South Africa. The company focuses on exploring and developing gold resources, with a particular emphasis on strategic minerals such as gold, copper, and tellurium, which are vital for national security and economic resilience.
Average Trading Volume: 502,022
Technical Sentiment Signal: Sell
Current Market Cap: £13.71M
Find detailed analytics on LEX stock on TipRanks’ Stock Analysis page.
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