- The broader gold market provides a powerful backdrop for Lahontan’s efforts
- CEO emphasizes Nevada as the best mining jurisdiction in the world, highlighting the advantages of Lahontan’s Santa Fe property
- Lahontan is pursuing two permits simultaneously: one for exploration and another for mining operations
Investors looking for to leverage the significant growth in the gold sector are paying close attention to Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF), a Canadian mineral exploration company advancing four high-quality gold and silver properties in Nevada’s prolific Walker Lane trend. During a recent interview at the prestigious Beaver Creek Summit with Red Cloud TV host Mark Bunting, Lahontan Gold CEO Kimberly Ann outlined the company’s progress, its flagship Santa Fe project, and the path ahead as the company works toward production.
The broader gold market provides a powerful backdrop for Lahontan’s efforts. Gold has long been regarded as a hedge against inflation, currency depreciation and global market volatility. In 2025, those qualities are in sharp focus as prices remain near historic highs. Spot gold has traded above $3,700 an ounce this year, driven by a weaker U.S. dollar, softer real interest rates and ongoing demand from both investors and central banks (ibn.fm/tef5V).
According to the World Gold Council, central banks purchased a record 1,037 tonnes of gold in 2023, marking the highest level of net purchases since records began, and demand has remained strong through 2024 and 2025 (ibn.fm/OFmth). This consistent buying underscores the role of gold as a strategic reserve asset while offering further support to prices.
One of the clearest signals of gold’s investment allure this year has been the resurgence of investment demand. In the second quarter of 2025, global gold demand grew by 3% year-over-year to 1,249 metric tons, while investment demand, including ETF inflows and OTC trades, jumped 78%. The value of that demand soared by 45% to approximately $132 billion (ibn.fm/EZVRJ).
In a Beaver Creek Summit interview, Ann emphasized Nevada as the best mining jurisdiction in the world, highlighting the advantages of Lahontan’s Santa Fe property. “It’s really an easy story to tell,” she said, noting that Santa Fe is a past producing mine with existing infrastructure, a substation and water rights, an especially critical asset in Nevada. The project also carries a long history of environmental compliance, with a perfect 35-year record tied to its closure bond. These factors, she explained, give Lahontan a head start as it advances permitting and prepares for development.
Santa Fe is central to Lahontan’s growth story. The company plans to release an updated preliminary economic assessment in early 2026, building on recent drilling campaigns and expanded metallurgical testing. Ann pointed out that the last PEA was based on $1,950 pit shells and $2,050 gold, levels that now look conservative in light of current prices. With updated data and stronger gold fundamentals, the forthcoming PEA is expected to be significantly more robust. “There’s so much opportunity here, and I feel very stoked about the fact that we had the vision during COVID . . . to focus on getting to production,” she told Red Cloud TV.
Permitting is another major focus for the company. Ann explained that Lahontan is pursuing two permits simultaneously: one for exploration and another for mining operations. The exploration plan has already been deemed complete, allowing the company to drill across the entire property without additional approvals. The mine plan of operations, meanwhile, has been designed to remain within the existing footprint, enabling a simpler environmental assessment pathway. These parallel permitting efforts keep Lahontan on track to begin construction in early 2027, depending on approvals.
Looking ahead, Ann underscored the company’s strong investor base. Lahontan trades on both the TSX Venture Exchange and the OTCQB, ensuring access to U.S. investors who already make up more than half of its shareholder base. She also highlighted the stock’s liquidity and significant retail participation. “We’ve gone up 700% since the beginning of the year, and we’re going to continue to climb. So, I feel very comfortable where we sit today,” she stated.
As Lahontan Gold continues to advance its Nevada portfolio, the combination of a world-class jurisdiction, a robust flagship project and record-high gold prices highlights the opportunities available in junior gold exploration and development.
For more information, visit the company’s website at www.LahontanGoldCorp.com.
NOTE TO INVESTORS: The latest news and updates relating to LGCXF are available in the company’s newsroom at ibn.fm/LGCXF
