Northwire Canada EditionThursday, August 27, 2026
Northwire
GOLD 4664.00 +0.2% SILVER 69.43 +0.9% COPPER 6.59 −1.6% OIL 83.53 +1.6% PALLADIUM 1358.50 +1.3% GWM 0.760 +13.4% IMM 0.060 +0.0% MUX 30.02 +3.0% UTWO 0.385 +1.3% AGI 52.56 +0.8% SGN 0.350 −2.8% VRR 0.470 +17.5% AUXX 11.00 +2.7% BTR 0.130 −1.9% CCMI 0.035 +0.0% LME 0.135 +3.9% TLG 2.37 +2.6% AZS 0.750 −7.4% ALDE 3.27 −1.8% GAL 0.700 +6.1% WM 0.100 −4.8% GOLD 4664.00 +0.2% SILVER 69.43 +0.9% COPPER 6.59 −1.6% OIL 83.53 +1.6% PALLADIUM 1358.50 +1.3% GWM 0.760 +13.4% IMM 0.060 +0.0% MUX 30.02 +3.0% UTWO 0.385 +1.3% AGI 52.56 +0.8% SGN 0.350 −2.8% VRR 0.470 +17.5% AUXX 11.00 +2.7% BTR 0.130 −1.9% CCMI 0.035 +0.0% LME 0.135 +3.9% TLG 2.37 +2.6% AZS 0.750 −7.4% ALDE 3.27 −1.8% GAL 0.700 +6.1% WM 0.100 −4.8%
Drill Results

Lexston hires Geophasic for exploration at Garfield

LEXT · Price

Executive Summary

  • Lexston Mining Corp. has engaged Geophasic Exploration LLC to conduct Phase 1 of the exploration program on its Garfield Hills property in Mineral County, Nevada.
  • The work program is scheduled to mobilize on February 3, 2026, and will focus on identifying porphyry-related mineralization styles within the Pamlico district.
  • The exploration strategy includes soil sampling, rock sampling, and geologic mapping, with a specific goal of identifying uranium mineralization outside of areas previously explored by other operators.

Key Details

  • Contractor: Geophasic Exploration LLC.
  • Property: Garfield Hills property, consisting of 128 mineral claims in Mineral County, Nevada, USA.
  • Mobilization Date: February 3, 2026.
  • Geological Focus: Identifying porphyry-related mineralization styles in the Pamlico district, which historically features skarn and carbonate replacement deposits around a Cretaceous intrusion.
  • Target Minerals: Gold, silver, copper (within quartz veins in the intrusion), and uranium (outboard of prior operator areas).
  • Planned Activities: Soil sampling, rock sampling, and geologic mapping of rocks known to host mineralization in the district.
  • Strategic Context: The Garfield Hills project borders Guardian Metal Resources. Lexston is focusing work in areas highlighted by Guardian’s 3-D inversion modeling of magnetic data, which identified two large deep-seated intrusive/magnetic bodies at the high-grade and power line zones with a vertical extent of over 800 meters.

Notable Quotes

  • "We are excited to begin our phase 1 work program on our Garfield project, which borders Guardian Metal Resources, and where Guardian has recently completed extensive work. Guardian has stated on their website, three-dimensional (3-D) inversion modelling of magnetic data highlights two large deep-seated intrusive/magnetic bodies at the high-grade and power line zones, these have a vertical extent of over 800 m and appear to continue below the depth of investigation of the ground magnetic survey. We are focusing work in these areas." — Jag Bal, President of Lexston
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