Lexston Mining Corporation (CSE: LEXT | OTC: LEXTF)

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Capitalizing on Record High Uranium Prices with Strategic Projects

Lexston Mining Corporation (CSE: LEXT | OTC: LEXTF) is a leading Canadian mineral exploration company focused on the acquisition and development of mineral projects. With a mission to create significant value for stakeholders, Lexston is strategically positioned to capitalize on the growing demand for uranium through its innovative exploration techniques and highly prospective project locations.

Uranium prices have reached their highest level in 15 years, with experts anticipating further increases in the coming months. Lexston’s initial projects are within positions that, despite having demonstrated reserves of the highest-grade uranium, have remained relatively underexplored over the past decade. Boasting two projects in a historically attractive area, Lexston appears well-positioned to leverage its assets and capitalize upon the ongoing uranium bull market.

Core Operations: The Thelon Basin

Lexston Mining Corporation is currently spearheading two exciting projects in the Thelon Basin, a region renowned for its high-grade uranium potential. Located in Nunavut, Canada, the area represents a significant yet underexplored district for uranium mining. The Thelon Basin is noted for its geological similarities to the Athabasca Basin, and recent breakthroughs in geological understanding and the application of advanced exploration techniques such as passive seismic and mobile metal ion geochemistry suggest a bright future for continued uranium discovery. Noting the latest research was conducted around 2012, advancements in multiplatform geophysics, remote sensing, and big data analytics may also allow for more conclusive exploration opportunities.

“We remain steadfast in our commitment to exploration, drilling, and value creation through advancing our portfolio of properties. This option agreement provides an opportunity to get a foothold in a data-rich part of the Thelon Basin. High-resolution, modern geophysics has not been deployed to the project before, providing an advantage for Lexston to leverage the $2,000,000 in previous uranium exploration in the area.”

Jag Bal, President and CEO of Lexston Mining Corp.

Key Projects:

Project 176

Located at the junction of reactivated faults and favorable geology, Project 176 benefits from a combination of historically defined anomalies and modern exploration techniques.

Highlights:

  • Area: ~1708 hectares
  • Significant deposits discovered at the junction of reactivated faults and favorable geology.
  • Combines historically defined anomalies with modern exploration techniques.
  • High-grade boulders discovered, with assays up to 38% U3O8.
  • Ongoing high-resolution VTEM surveys to enhance understanding of basement conductors and anomalies.
Project 176 Details

Project Itza

Situated in the northeastern portion of the Thelon Basin, Project Itza is within a highly prospective region for high-grade U3O8 samples.

Highlights:

  • Area: ~3955 hectares
  • Identified before the recent staking rush.
  • Contains high-grade U3O8 samples, with boulders assayed at 1.27% U3O8.
  • Features at least three radioactive boulder trains with untested sources.
  • Situated at the mapped unconformity between the Thelon Formation and Amer Lake metasediments, a prime spot for uranium deposits.
Project Itza Details

Dory Property

In addition to its Thelon Basin projects, Lexston Mining Corp. has entered into an option agreement to acquire up to 100% interest in the Dory Property. This property, located 25 km west of Port Alberni in British Columbia, spans approximately 1,348 hectares and has potential for copper, zinc, and gold. A technical report filed on June 2, 2023 underscores the property’s potential for mineral exploration and development, diversifying the company’s overall project portfolio.

Dory Technical Report

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Why Lexston Mining Corporation?

Red-Hot Uranium Market

With uranium prices at a 15-year high, Lexston Mining Corporation is positioned to capitalize on market trends that forecast even further increases.

Innovative Exploration

Leveraging over $2 million in past exploration data, Lexston employs exploration techniques including passive seismic and ultrasensitive mobile metal ion geochemistry. This allows the company to explore beneath sediment cover.

Sustainability Commitment

As advocates for clean energy, Lexston embraces nuclear as the most sustainable option for baseload power generation, boasting the lowest CO2 emissions per energy unit produced.

Prime Location

Lexston’s operations in the Thelon Basin, likened to the prolific Athabasca Basin, represent a massive untapped opportunity with historical data confirming the potential for significant uranium deposits.

Other Links:

Company Website

Recent News:

June 5: Stock Option Grant

May 21: Lexston has been upgraded to QB on OTC Markets Symbol LEXTF

May 15: Closing of Private Placement

Stock Listings:

CSE: LEXT

OTC: LEXTF

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This Disclaimer and Disclosure statement is a permanent part of this content. Any reproduction of this content that does not include the Disclaimer and Disclosure statement is unauthorized and strictly prohibited. All investments are subject to risk, which must be considered on an individual basis before making any investment decision. This paid advertisement includes a stock profile of Lexston Mining Corp. This paid advertisement is intended solely for information and educational purposes and is not to be construed under any circumstances as an offer to sell or a solicitation of an offer to purchase any securities. In an effort to enhance public awareness, Shore Thing Media Group, Llc. was retained by Hillside Consulting and Media, Llc. to create and distribute digital content for Lexston Mining Corp. Hillside Consulting and Media Llc. compensated Shore Thing Media Group, Llc., and/or, its parent company, USD forty-five-thousand-dollars via wire transfer to complete and distribute these services. This advertisement is being disseminated for a period of one month beginning on 06/17/24 and ending on 06/30/24. Shore Thing Media Group, Llc. owners, officers, principals, affiliates, contributors, and/or related parties do not own, intend to own, sell, or intend to sell Lexston Mining Corp . stock. However, it is prudent to expect that those hiring Shore Thing Media Group, Llc, including that company’s owners, employees, and affiliates may sell some or even all of the Lexston Mining Corp shares that they own, if any, during and/or after this engagement period. If successful, this advertisement will increase investor and market awareness of Lexston Mining Corp and its securities, which may result in an increased number of shareholders owning and trading the securities, increased trading volume, and possibly an increase in share price, which may be temporary. This advertisement does not purport to provide a complete analysis of Lexston Mining Corp or its financial position. The agency providing this content are not, and do not purport to be, broker-dealers or registered investment advisors. This advertisement is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a registered broker-dealer or registered investment advisor or, at a minimum, doing your own research if you do not utilize an investment professional to make decisions on what securities to buy and sell, and only after reviewing the financial statements and other pertinent publicly-available information about Lexston Mining Corp Further, readers are specifically urged to read and carefully consider the Risk Factors identified and discussed in Lexston Mining Corp SEC filings. Investing in microcap securities such as Lexston Mining Corp is speculative and carries a high degree of risk. Past performance does not guarantee future results. This advertisement is based exclusively on information generally available to the public and does not contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, Shore Thing Media Group, Llc. cannot guarantee the accuracy or completeness of the information and are not responsible for any errors or omissions. This advertisement contains forward-looking statements, including statements regarding expected continual growth of Lexston Mining Corp and/or its industry. Shore Thing Media Group, Llc. note that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect Lexston Mining Corp actual results of operations. Factors that could cause actual results to vary include the size and growth of the market for Lexston Mining Corp products and/or services, the company’s ability to fund its capital requirements in the near term and long term, federal and state regulatory issues, pricing pressures, etc. All trademarks used in this advertisement are the property of their respective trademark holders and no endorsement by such owners of the contents of this advertisement is made or implied. Shore Thing Media Group, Llc. are not affiliated, connected, or associated with, and are not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made to any rights in any third-party trademarks. Additional disclosures and disclosures can be found at https://primetimeprofiles.com/disclaimer/.