Lexington Gold Ltd - gold projects in US states of North Carolina and South Carolina - Starts drilling operations at Jones-Keystone-Loflin project in North Carolina. Notes the initial drilling programme will consist of six diamond drill holes for a minimum of 610 metres and will focus on the south-western side of the project. Says the programme objective is to conduct predominantly infill drilling and to expand on the results of historical third-party drilling at Loflin. This is Lexington Gold's first drill campaign since re-listing on AIM in November.
"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," says Chief Executive Bernard Olivier.
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By Zoe Wickens; zoewickens@alliancenews.com
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