Lexington Gold Ltd. announce results from the recent drilling programme at its Bothaville NE Project, located in the Free State Province, South Africa. The Bothaville NE Project area is situated approximately 70 km northeast of the Welkom Goldfield, which is characterised by the presence of major horst blocks such as the De Bron Horst. This horst extends into an area south of the Bothaville NE tenement, leading to the presence of shallow Witwatersrand rocks.

The main exploration targets are gold-bearing conglomerates within the Aandenk Formation of the Central Rand Group. The Witwatersrand Supergroup rocks in the project area are subdivided into the Central Rand Group and the West Rand Group. The Central Rand Group, which exceeds 2,000 m in thickness, includes several sedimentary sequences, each representing separate fans or reworked products of underlying fans.

The stratigraphy intersected during the drill programme includes the MB1, MBA, Kimberley Formation, B Reef and the Big Pebble Reef (BPR). The Kimberley Formation in the Bothaville tenement area may be subdivided into the Spes Bona, Aandenk and Earls Court members thereby confirminig its similarity with the Welkom Goldfield stratigraphy. The A-Reef is located above a siliceous marker at the top of the BPR Zone and is developed throughout the Bothaville tenements at approximately 15 m below the VS5.

The A-Reef consists of a pyrite-mineralised medium pebble conglomerate, developed on an eroded upper surface of the underlying A1 Channel, which trends NW-SE. The A1 Channel itself comprises mature white quartz-arenites enclosing chaotic coarse pebble beds, suggesting similarity to the Glassy Marker developed in the Free State Goldfield. The drill programme has significantly enhanced understanding of the geological setting and stratigraphy of the Bothaville NE Project area.

The intersections of the A-Reef and the identification of associated stratigraphic units provides a detailed understanding of the mineralisation and its continuity across the project area. Bothaville NE Project Stratigraphic Column: The A-Reef portion of the stratigraphic column comprises, from the bottom to the top, of the following units, namely, the Witpan unit, Aandenk quartzite and the Reworked Big Pebble Marker Zone (RWBPM). The RWBPM consists of a lower siliceous, light grey, coarse sand to gritty quartzite with large pebble to very large pebble conglomerate (LP/VLPCs) zones.

The overlying Aandenk quartzite is a khaki-yellow argillaceous quartzite with scattered pebble lags. This in turn is overlain by the Witpan facies of the A-Reef, which consists of a well-packed, poorly sorted conglomerate with pyrite mineralisation.