Bermuda-registered miner Lexington Gold has an-nounced an update on its ongoing operational activities.
Lexington Gold says it is a gold exploration and development company with projects in North and South Carolina, in the US.
“We are very pleased with the steady progress being made at our projects in the Carolinas and our observations from our early exploration activities are very encouraging. The core samples from our maiden drilling pro-gramme show good levels of sulphide mineralisation, which demonstrates excellent potential for gold prospectivity,” said Bernard Olivier, the chief executive of Lexington Gold.
Among others, the miner said that Phase 1 drilling campaign at the Jones-Keystone-Loflin project is progressing satisfactorily with more than 50 percent of the drilling completed
“Furthermore, the initial unprocessed data from the geophysical survey is already showing promising results and we have also been able to identify two potential targets for exploration within the Jennings-Pioneer Project,” according to Olivier.