Lexington Gold Ltd. Stock Analysis LEX.L

Lexington Gold Ltd. engages in gold exploration and development of gold projects. The company holds interest in its four diverse gold projects, covering a combined area of approximately 1,675 acres in North and South Carolina, USA and six gold projects covering 114,638 hectares in South Africa. The Jones Keystone & Loflin Project comprises greenfield to brownfield exploration targets with zones of gold mineralization delineated from previous drill programs and supported by geophysical surveys. The Carolina Belle Project is located in Montgomery County, which includes exploration prospects ranging from greenfield to brownfield status. The Argo Project includes several shallow historic pits and trenches. The company is in the northwest corner of Nash County, approximately 16 kilometers north of Nashville, North Carolina. The Jennings-Pioneer Project is part of the Barite Hill Gold district in South Carolina, where multiple historic mines and prospects are located within an area of approximately 25 square kilometers.