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Lexington drilling returns 6m at 57.38g/t gold

Lexington drilling returns 6m at 57.38g/t gold

A total of 26,668 metres across 88 combined diamond and RC holes was completed at MGGP during the September 2026 quarter. Reported Lexington intercepts included 6.0m at 57.38g/t gold from 616.0m, 29.5m at 6.65g/t from 760.5m and 20.0m at 4.69g/t from 364.0m.

The company said drilling continued to intersect significant mineralisation below current reserve pit designs, with reported down-hole intercepts from about 260m to more than 840m. It said the system remains open along strike and at depth.

Drilling at Lexington is directed at defining lode geometry and grade distribution to support a maiden inferred underground Mineral Resource Estimate later in the quarter, according to the announcement.

The company said further assay results across the Mt Gibson deposits are expected in the second quarter of FY27. It also said construction of an on-site core processing facility at MGGP was complete, with commissioning planned for November 2026.

Source: Download CMM official ASX announcement, 2026-10-26.

Lexington long-section figure from Capricorn Metals’ company announcement dated 26 October 2026.