New Canadian firm moves to acquire 64 km² of mineral claims in US$1.1M deal from local owner
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Finance
July 16, 2026
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(Kaieteur News) – Lexston Mining Corporation, the newest Canadian firm to be drawn to Guyana’s mining industry, has moved to acquire mineral claims covering approximately 64.75 square kilometres (km²) in the northwest mining district, in a deal valued at US$1.1 million.
This move comes just weeks after Lexston incorporated a wholly owned local subsidiary, Lexston Guyana Inc., after an evaluation identified opportunities in Guyana’s gold-rich districts.
Lexston Guyana entered the LOI with Joseph Jardine, the seller to acquire a 100% undivided interest in 15 strategic mineral claims in Region One, Mining District Five, Northwest Guyana.
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