Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Lexington Gold ( (GB:LEX) ) has issued an update.
Lexington Gold has expanded the scope of its conceptual study for the Jelani Resources JV project in South Africa, aiming for a more comprehensive evaluation that includes detailed mine design and economic modeling. This expansion, in collaboration with Bara Consulting and Harmony Gold, is expected to provide a robust blueprint for future development, although it will delay the study’s completion. Additionally, the company has completed a diamond drilling program at the Jennings-Pioneer project in the USA, with assay results anticipated by early September 2025, potentially impacting future exploration strategies.
More about Lexington Gold
Lexington Gold is a gold exploration and development company with interests in four projects in North and South Carolina, USA, and six projects in South Africa. The company focuses on exploring and developing gold resources across these regions.
Average Trading Volume: 283,960
Technical Sentiment Signal: Buy
Current Market Cap: £16.76M
Find detailed analytics on LEX stock on TipRanks’ Stock Analysis page.