Lexston Mining Corporation announced that its contractor, Lockett Consultation Services Inc., will be applying for the required exploration permits for the Company's proposed summer geophysical program at Itza and 176 Projects in the Thelon Basin in the Kivalliq Region of Nunavut, occupying an area of 11,350 hectares. The Company identifies the following advantages: The Properties represent a strong land position in the Thelon Basin; Extensive historical data available on the Properties to guide exploration planning; Historical high-grade uranium occurrences; including a historical pebble sample (#1708, Boulder SN-176) retrieved during boulder prospecting returned 4,000 counts per second (cps) using a scintillometer and assayed 332,000 ppm U (39.15% U3O8). Previous exploration programs terminated without extensive drill testing; A portfolio that covers the spectrum from conceptual exploration targets2 to near-drill ready targets.

Lockett Consultation Services Inc. will work closely with all Regulatory Agencies including, Crown Indigenous Relations and Northern Affairs Canada (CIRNAC) for the necessary permits and licenses. The Company will initiate engagement and consultations with local knowledge holders and stakeholders, which will continue throughout all the phases of permitting, exploration, and closure. The Company will provide updates on the scheduling of its permitting and work program as and when they are available.

Lexston's proposed 2024 field program includes: A minimum of an 8 line-kilometre, ground-based Induced Polarization (IP) resistivity-chargeability geophysical survey. Complete high-resolution airborne VTEM geophysical survey with attempts to add resolution to the basement conductors and anomalies identified in previously flown regional fixed wing surveys. Complete a high-resolution airborne Gravity geophysical survey.

Scintillometer-assisted prospecting and reconnaissance level geochemical sampling. Prior to the field season, the Company aims to complete a historical database compilation and intends to re-process previously completed geophysical data with the aims of evaluating the Properties with new geological theory.