Disseminated on behalf of Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) and may include paid advertising.
Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF) is advancing its past-producing Santa Fe Mine in Nevada as a potential 2027 brownfield restart, emphasizing existing infrastructure, historical production and technical data as potential advantages in a mining environment marked by lengthy permitting timelines and rising development costs. The company reports that recent groundwater drilling did not encounter the water table beneath proposed pits, while more than 40 years of undisturbed waste rock from the former Corona Gold operation has shown no evidence of acid drainage, potentially simplifying aspects of permitting and environmental management. Lahontan is also advancing an updated Mineral Resource Estimate and revised Preliminary Economic Assessment, building on a 2025 PEA that outlined a $200 million after-tax NPV and 34.2% IRR. Meanwhile, exploration drilling continues at Santa Fe, including the Slab West discovery, while sonic drilling is evaluating residual gold and silver in the existing heap-leach pads.
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About Lahontan Gold Corp.
Lahontan Gold is a Canadian mine development and exploration company advancing a portfolio of gold and silver assets in Nevada’s Walker Lane, one of the world’s most productive and mining-friendly regions. Through its U.S. subsidiaries, the company controls four gold and silver properties in Nevada, three of which are 100%-owned and one controlled via a low-cost option to acquire full ownership. With a clear near-term path to production, Lahontan is focused on unlocking oxide gold and silver value from past-producing, infrastructure-rich projects. For more information, visit the company’s website at www.LahontanGoldCorp.com.
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