Lexington Gold Ltd. provided a further update on its 2023/24 drilling programme at the Bothaville Project located in the Witwatersrand Gold Basin, South Africa, which commenced in early December 2023. Highlights: Successful completion of the first two diamond drill holes and four associated def collections. Both drill holes and their def collections successfully intersected the targeted Kimberley Formation, including the A-Reef, aligning with the programme's objectives.

Preliminary visual inspection of the core has revealed signs of mineralisation in both holes, indicating the potential presence of gold. The drill core is currently being logged, split and prepared for submission to SGS Laboratory Services, for primarily gold and uranium assay analysis. The drilling programme comprises a minimum of 2,000m of combined percussion and diamond drilling (including def collections).

This initial drill campaign at Bothaville is aimed, in particular, at investigating the area around a historical drill hole (CC2) in which the A-Reef yielded an average gold grade over five intersections of approximately 5.1g/t Au over a corrected interval of 77cm. The ongoing programme is seeking to investigate both the downdip-channel and cross-channel gold mineralisation potential at an estimated depth of approximately 250m to 450m below the surface.