Episode Details

Lexston Mining is poised to grab a major piece of Guyana’s mineral-rich territory, securing 64 square kilometers for $1.1 million in a deal that signals serious expansion into the gold-packed Guiana Shield. Already signed on paper, the transaction hinges on finalizing terms with the seller — who’ll keep a 2% royalty and alluvial gold rights — while Lexston plans phased cash payments over five years. This move fits a broader Canadian mining rush into Guyana, where rivals already hold proven reserves. With approvals still pending, the deal remains subject to change — but for Lexston, it’s a calculated leap into one of the world’s most promising gold frontiers.

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