Disseminated on behalf of Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) and may include paid advertising.
- Lahontan has mobilized a track-mounted MDP-1500 RC drill to its flagship Santa Fe Mine in Nevada’s Walker Lane
- The company is conducting a 25-hole, 4,000-meter drill program focused on expanding and upgrading oxide gold and silver resources
- These updates underscore Lahontan’s long-term strategy of advancing Santa Fe from exploration into planning, scheduling, and permitting for the coming year
Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF) is accelerating its flagship Santa Fe Mine, located in Nevada, by organizing a reverse-circulation drill rig to conduct a strategic fall drill program aimed at upgrading and expanding the project’s shallow oxide reserve. Lahontan, known for its position within the Walker Lane trend, is shifting its focus from broad resource definition to more technical groundwork that precedes mine planning and permitting, indicating progress in Santa Fe’s efforts towards mineral exploitation (ibn.fm/2cvRQ).
Lahontan currently has a program of 25 drill holes summing up to 4,000 meters with a focus on the York and Slab zones. These areas contain near-surface oxidation mineralization where previous drilling has shown extensive silver-gold potential. The coming RC campaign is designed to transform resources from the inferred to the indicated category while spreading its overall resource tentacles, setting the company up for economic and engineering evaluation in 2026.
The company already has a solid reputation as a Nevada-focused silver and gold explorer with a significant presence in the Walker Lane. Lahontan’s Santa Fe Mine, a 26.4 km² holding with a history of producing 702,067 ounces of silver and 359,202 ounces of gold, is an indication that it is worthy of redevelopment. The project benefits from a history of heap-leach operations, favorable geology, and proven reserves of mineralization.
Lahontan operates at the intersection of metallurgical testing, geology, and long-term mine development planning. In addition to its new drill program, the company is making inroads into metallurgical studies that will help the whole mineral development process. According to the CEO and Executive Chair, Kimberly Ann, it is “vital as the company pivots from resource definition to mine planning and permitting in 2026,” emphasizing the relevance of the coordinated approach. Company Vice President (Exploration) Brian Maher personally leads the field operations.
These technical and drilling updates highlight the company’s wider mission: to transform the Santa Fe Mine into a modern, economically viable oxide gold-silver operation. Lahontan’s strategy entails expansion drilling, resource conversion, long-range planning, and metallurgical analysis with a view to cutting down risks and optimizing operations.
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
