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Lexington Gold Ltd. ( (GB:LEX) ) just unveiled an update.
Lexington Gold has announced the establishment of a maiden JORC-compliant Exploration Target for its Bothaville Project in South Africa’s Witwatersrand Basin, indicating significant gold potential of up to 5.8 million ounces. This development underscores the company’s strategic focus on valuable exploration assets and enhances its market positioning, signaling potential future growth and shareholder value.
More about Lexington Gold Ltd.
Lexington Gold Ltd is a gold exploration and development company with projects located in South Africa and the USA. The company focuses on high-quality, scalable projects, and is involved in joint ventures to expand its resources, positioning itself as a substantial player in the international gold exploration sector.
YTD Price Performance: 4.00%
Average Trading Volume: 218,191
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £15.6M
See more insights into LEX stock on TipRanks’ Stock Analysis page.