Lahontan Gold Advances Santa Fe Mine Project in Nevada's Walker Lane Region
TL;DR
Lahontan Gold Corp. is strategically positioned to become Nevada's premier silver and gold producer with its four high-potential exploration properties in Walker Lane.
Lahontan Gold Corp. has drilled 13,118 meters across 50 holes, establishing a pit-constrained NI 43-101 resource estimate of 1.539 million indicated ounces and 0.411 million inferred ounces of gold equivalent.
Lahontan Gold Corp.'s exploration and development in Nevada's Walker Lane could contribute to local economies and the global supply of precious metals.
The Santa Fe Mine, Lahontan Gold Corp.'s flagship project, previously produced 356,000 ounces of gold and 784,000 ounces of silver between 1988 and 1995.
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Lahontan Gold Corp. is advancing mineral exploration and development projects in Nevada's Walker Lane, a region gaining recognition for its substantial mineral potential. The company maintains a portfolio of four exploration properties in this geologically diverse area, with the Santa Fe Mine serving as the flagship project. Historical production at the Santa Fe Mine totaled 356,000 ounces of gold and 784,000 ounces of silver between 1988 and 1995, establishing the site's proven mineral endowment.
Recent drilling campaigns have significantly expanded the resource base, resulting in a current estimate of 1.539 million indicated ounces and 0.411 million inferred ounces of gold equivalent. These substantial resources demonstrate the continued exploration potential of the property and support the company's development strategy. The Walker Lane's growing reputation as a premier mineral exploration destination underscores the strategic value of Lahontan Gold's property portfolio in this emerging mining district.
The company's primary focus involves advancing the Santa Fe Mine project toward production status while continuing exploration activities across its landholdings. Planned activities for 2025 include updating the Preliminary Economic Assessment and conducting drill testing at the West Santa Fe project, representing significant steps in the project development timeline. These initiatives reflect the company's commitment to systematically developing the region's mineral resources through methodical exploration and economic evaluation.
For additional information about the company's projects and operational progress, visit https://lahontangoldcorp.com. The strategic development of the Santa Fe Mine project represents an important contribution to mineral resource development in Nevada's evolving Walker Lane mineral belt, building upon historical production while incorporating modern exploration techniques and resource estimation methods.
Curated from InvestorBrandNetwork (IBN)
