Lexston Mining Corporation Appoints Veteran Geologist Buddy Doyle to Advisory Board and Announces Stock Option Grant

Lexston Mining Corporation has appointed Buddy Doyle to its newly established Advisory Board, bringing four decades of mineral exploration experience to the company. Mr. Doyle's career includes over 23 years at Rio Tinto PLC, where he most recently served as Exploration Vice President of Kennecott Canada Exploration Inc., overseeing diamond exploration activities across North America.

Mr. Doyle played a significant role in the Kennecott Exploration Australia team responsible for the discovery of the multi-million-ounce Minifie gold deposits at Lihir during 1987-1988. He also led the team that discovered the Diavik diamond deposits in 1994-1995. Few geologists have witnessed two projects progress from discovery all the way through to a decision to mine, making Mr. Doyle's experience particularly valuable for exploration-stage companies like Lexston.

Recognized within the mineral exploration industry as an expert in diamond exploration and kimberlite geology, Mr. Doyle has authored or co-authored numerous papers on these subjects. In 2007, he received the Hugo Dummitt Award for excellence in diamond exploration. Since departing from Rio Tinto, he has continued his involvement in the diamond sector through consulting and directorships.

As CEO of Amarillo Gold from 2004 to 2017, Mr. Doyle oversaw a near-production gold project in Brazil. He was also a founder and director of Western Potash from 2007 to 2017, contributing to the discovery and development of the now-operational Milestone Potash Project in Saskatchewan. Additionally, Mr. Doyle is a Fellow of AusIMM, a professional association.

Jag Bal, CEO of Lexston Mining Corporation, commented on the appointment, stating that the company created an Advisory Board for talented and accomplished individuals in the mining industry. "We are very pleased to have Buddy Doyle be our first member of the board," Bal said. "He is very accomplished in exploration, and we look forward to his input in our exploration portfolio."

In a separate but related announcement, the company has granted incentive stock options to certain directors, officers, and consultants to purchase up to an aggregate of 400,000 common shares in the company pursuant to its share option plan. The options are exercisable for a period of five years at a price of $0.115 per share. The options, and any underlying common shares issued on exercise thereof, will have a hold period expiring April 15, 2026, in accordance with the policies of the Canadian Securities Exchange and applicable securities laws.

This dual announcement represents strategic moves by Lexston Mining Corporation to strengthen its technical expertise while aligning leadership incentives with shareholder value creation. The appointment of a geologist with Mr. Doyle's track record suggests the company is serious about advancing its exploration projects in British Columbia and Nevada. Investors can access real-time quotes and market information for Lexston at https://www.otcmarkets.com.

The stock option grant follows standard compensation practices in the mining industry, providing incentives for key personnel while potentially diluting existing shareholders if exercised. The timing of these announcements during a period when the company is focused on exploration activities indicates management's commitment to building value through technical excellence and aligned incentives.