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Exceptional Assay Results from Jones-Keystone
Exceptional Assay Results from Jones-Keystone.
About this update from Lexington Gold Ltd.
[{"type":"text","content":"\n \n \n \n 13 June 2022\n \n \n \n Lexington Gold Ltd\n \n \n (\"Lexington Gold\" or the \"Company\")\n \n \n \n Exceptional Assay Results from Jones-Keystone \n \n \n \n \n \n \n Lexington Gold (AIM: LEX), the gold exploration and development company with projects in North and South Carolina, USA, is pleased to announce that it has now received all of the outstanding assay results with respect to Jones-Keystone further to the Company's recently completed 5,000m\n reverse circulation (\"RC\") drilling programm\n e.\n \n \n The assay results received relate to the six RC holes drilled on the Jones-Keystone side of the Company's Jones-Keystone-Loflin (\"JKL\") Project. The objective of such drilling at Jones-Keystone was to verify third party historical drill results with the aim of enabling a JORC Resource estimation to be produced for the Jones-Keystone side of the JKL Project and to expand the existing Maiden JORC (2012) Mineral Resource Estimate completed by Pivot Mining Consultants Pty Ltd (\"Pivot\") for the Loflin side of the JKL Project comprising an\n Inferred Resource of 2,064,000t @ 0.99 g/t Au for 65,056 oz of contained gold, as announced on 23 September 2021. The JKL Project is one of\n four projects in the Company's portfolio located in the\n highly prospective Carolina Super Terrane (\"CST\"), in which a majority interest was acquired in November 2020, and which is host to a number of multi-million-ounce mines operated by third party large-scale competitors (please refer to the Company's latest corporate presentation on its website for a local map displaying such mining operations). \n \n \n \n \n \n Highlights\n :\n \n \n ·\n Exceptional assay results received for the six RC drill holes at Jones-Keystone (see Table 1 below) including:\n \n \n \n \n \n ·\n Hole JKRC-002: 52m @ 0.99 g/t Au from 72m to 124m including:\n \n \n o \n 24m @ 1.37 g/t Au from 80m to 104m\n \n \n o \n 16m @ 1.7 g/t Au from 84m to 100m\n \n \n o \n 4m @ 2.75 g/t Au from 92m to 96m\n \n \n \n \n \n ·\n Hole JKRC-004: 40m @ 1.27 g/t Au from 20m to 60m including:\n \n \n o \n 28m @ 1.69 g/t Au from 28m to 56m\n \n \n o \n 16m @ 2.5 g/t Au from 28m to 44m\n \n \n o \n 4m @ 4.56 g/t Au from 36m to 40m\n \n \n \n \n \n \n \n ·\n Hole JKRC-003: 28m @ 1.37 g/t Au from 64m to 92m...