Lahontan Gold Corp., a Canadian mineral exploration company, has selected Investor Brand Network (IBN) to lead its corporate communications strategy. The collaboration aims to amplify the company's visibility and market presence as it advances gold and silver projects in Nevada's Walker Lane district. With four U.S.-based properties, Lahontan is concentrating on unlocking oxide resource value from past-producing sites. The company's flagship Santa Fe Mine project, which previously produced 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995, represents a significant opportunity for near-term production.
IBN will leverage its extensive distribution network, which spans over 5,000 outlets and 70+ brands, to enhance Lahontan's engagement with investors, media, and broader market participants. This strategic approach aligns with the company's capital-efficient development strategies. The Santa Fe Mine project currently demonstrates a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 ounces of gold equivalent and an Inferred Mineral Resource of 411,000 ounces of gold equivalent. Lahontan plans to continue advancing the project towards production, update its Preliminary Economic Assessment, and conduct drilling tests on its West Santa Fe project in 2025.
By partnering with IBN, Lahontan Gold seeks to increase market awareness and support its strategic goals of developing its Nevada-based mineral assets efficiently and effectively. The collaboration represents a significant step in the company's efforts to communicate its progress and potential to the investment community. This enhanced communication strategy is particularly important as the company moves closer to production decisions and seeks to maximize shareholder value through transparent and effective market engagement.
