- Nevada’s Walker Lane area is becoming a prime target for mineral exploration
- Lahontan Gold is focused on becoming a strategic player in the Walker Lane region
- Lahontan’s strategic execution, focused on resource growth and economic evaluation, mirrors the broader resurgence of Walker Lane as a target-rich environment
- LGCXF recently launched new metallurgical testing at its Santa Fe deposit, aiming at improving gold and silver mineralization
Nevada’s Walker Lane region has emerged as one of North America’s most compelling gold and silver frontiers — and Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF) is strategically placed to capitalize on that fact, owning and developing four high-potential exploration properties in the area. With a vision to evolve into Nevada’s premier silver and gold producer, Lahontan has built a robust portfolio of distillery-scale assets across this geologically diverse and historically rich trend.
Walker Lane spans roughly 500 miles along the California/Nevada border. The area “is rapidly becoming a prime target for mineral exploration, offering investors a unique blend of proven production history and untapped potential,” reports a recent Investing News Network article (ibn.fm/Tebop). “This geological corridor along the California-Nevada border is experiencing a resurgence, driven by recent discoveries, advanced exploration techniques, a strong precious metals market and growing demand for domestic metal supply. The Walker Lane Trend’s combination of geological richness, a favorable jurisdiction and strategic importance in North American mineral resources presents a compelling case for investors seeking high-reward opportunities in a relatively low-risk environment,” the article continued.
The region remains notably underexplored compared to Nevada’s prolific Carlin Trend, though it has produced more than 40 million ounces of gold, nearly one-fifth of the state’s total output, and is renowned for deposits like Comstock and Round Mountain that often include significant silver and copper byproducts (ibn.fm/3VxDH). This rich geological backdrop, combined with Nevada’s supportive permitting environment, which is rated second globally in the 2023 Fraser Institute Mining Survey, has reignited interest among explorers and major miners alike.
Recent activity in Walker Lane has provided clear evidence of its rediscovery as a mining hotspot. Modern exploration methods and increased capital availability are fueling renewed drilling and mapping programs, translating Walker Lane’s complex geology into a diverse pipeline of future discoveries.
Lahontan Gold is focused on becoming a strategic player in the Walker Lane region. The company controls four flagship properties in the heart of Walker Lane: Santa Fe, West Santa Fe, Moho and Redlich (ibn.fm/mAxF3). The company’s flagship project, the Santa Fe Mine, is a 26.4 km2 past-producing, oxide-hosted gold-silver property. Between 1988 and 1995, Santa Fe produced 356,000 ounces of gold and 784,000 ounces of silver via open-pit mining and heap-leach processing. Since 2021, Lahontan has drilled 13,118 meters across 50 holes, contributing to a pit-constrained NI 43-101 resource estimate of 1.539 million indicated ounces and 0.411 million inferred ounces of gold equivalent (ibn.fm/Gdknh).
In recent news, Lahontan initiated a new round of metallurgical testing focused on the transition metallurgical domain at its Santa Fe location. The company intends to evaluate advanced heap-leach methods and reagents aimed at boosting gold and silver recoveries – which could significantly improve project economics. CEO, Executive Chair, and Founder Kimberly Ann emphasized that this testing could have a positive impact on recoveries and project value.
Lahontan’s resource base is supported by a robust Preliminary Economic Assessment completed in December 2024, which shows a pre-tax NPV5 of $265 million and internal rate of return (“IRR”) of 41% using $2,705/oz gold (ibn.fm/IalVD). This evaluation lays the groundwork for further development, including planned 2025 drill programs aimed at both expanding Santa Fe’s resource and testing satellite zones at West Santa Fe.
The Moho project adds underground potential, with historical sampling and drilling yielding high grades, some more than 20 g/t gold equivalent, while the Redlich property shows significant silver endowment, highlighted by a historic 16.5 million-ounce AgEq estimate, and new discoveries such as the DBK vein system, which returned up to 17 g/t AgEq over thick intervals (ibn.fm/9hdVx). This diversified portfolio offers exposure to multiple deposit types within a single, highly prospective geological trend.
Lahontan’s strategic execution, focused on resource growth and economic evaluation, mirrors the broader resurgence of Walker Lane as a target-rich environment. The company emphasizes streamlined permitting paths and the value of a Nevada-based, brownfield-friendly approach, with infrastructure and support assets favoring rapid project progression in a tier 1 jurisdiction.
Lahontan Gold Corp.’s portfolio reflects the opportunity that Nevada’s Walker Lane presents: a blend of historical production, strategic exploration and near-term development potential. With a flagship project primed to enter evaluation, high-grade satellite projects awaiting follow-up drilling, and a proven team driving forward in one of the world’s most investor-friendly mining jurisdictions, Lahontan is well-positioned to emerge as the district’s next gold and silver success story.
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
