Lahontan Gold Corp Advances Santa Fe Mine Development in Nevada's Walker Lane Corridor
TL;DR
Lahontan Gold Corp offers investors a strategic advantage with its robust land position and scalable projects in Nevada's Walker Lane corridor, including the Santa Fe Mine with significant gold and silver resources.
Lahontan Gold Corp's Santa Fe Mine project includes a NI 43-101 indicated resource of 1.539 million ounces of gold equivalent, with plans to advance towards production and update its Preliminary Economic Assessment.
Lahontan Gold Corp's development projects in Nevada not only promise economic growth but also contribute to the mining sector's evolution with sustainable exploration and metallurgy practices.
Discover Lahontan Gold Corp's Santa Fe Mine, a former producer with a rich history and a future of exploration, holding over 1.5 million ounces of gold equivalent.
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Lahontan Gold Corp has established itself as a prominent entity in Nevada's Walker Lane corridor, a region gaining recognition as a prime destination for gold development. The company's strategic land position and focus on projects combining historical production with scalable exploration and metallurgy distinguish it within the mining sector. Central to Lahontan's portfolio is the Santa Fe Mine, which previously produced 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 using open-pit heap leach methods.
The Santa Fe Mine contains a National Instrument 43-101 indicated resource of 1.539 million ounces of gold equivalent, supplemented by an inferred resource of 0.411 million ounces. This substantial resource base highlights the project's significant potential for future development and production. Lahontan's exploration strategy extends beyond the main Santa Fe property to include the West Santa Fe, Moho, and Redlich projects, each offering distinct geological characteristics and additional upside potential. For comprehensive information about Lahontan's projects and detailed resource estimates, visit https://lahontangoldcorp.com.
Looking forward, Lahontan Gold Corp plans to advance the Santa Fe Mine project toward production, update the Santa Fe Preliminary Economic Assessment, and conduct drill testing on the satellite West Santa Fe project in 2025. These initiatives demonstrate the company's commitment to maximizing the value of its assets within the Walker Lane corridor. The technical report detailing the Santa Fe Project's resources and economic assessment is accessible through the company's website and SEDAR+, providing investors with thorough insights into the project's valuation and prospects.
The Walker Lane corridor's reputation as a mining-friendly jurisdiction, combined with Lahontan's strategic project portfolio and substantial resource base, positions the company as a significant contributor to the region's gold development landscape. For current updates on Lahontan Gold Corp's progress and developments, stakeholders can access the company's newsroom at http://ibn.fm/LGCXF.
Curated from InvestorBrandNetwork (IBN)
