Lahontan Gold Corp. (TSXV:LG,OTCQB:LGCXF) is dedicated to advancing its portfolio of high-quality gold and silver projects in Nevada, a top-tier mining jurisdiction. The company’s flagship Santa Fe Mine — a past-producing operation from 1988 to 1992 — yielded 356,000 ounces of gold and 784,000 ounces of silver. Lahontan is focused on unlocking the mine’s full potential by expanding resources and advancing permitting efforts to fast-track the project toward production.
A recently completed preliminary economic Assessment( PEA) highlights a clear pathway to restarting operations, demonstrating the project’s robust economics. Permitting with the Bureau of Land Management (BLM) is underway, with the company targeting a 2026 construction start.
The Santa Fe mine, located in Mineral County, Nevada, spans 26.4 sq km and represents Lahontan Gold’s flagship development project. With an updated mineral resource estimate of 1.95 Moz gold equivalent, the project hosts multiple oxide and sulfide zones that remain open for expansion.
Company Highlights
- Flagship Santa Fe Project: 100 percent owned, past-producing open-pit heap leach mine with a current MRE of 1.95 Moz gold equivalent at a grade of ~0.9 g/t.
- Strategic Nevada Location: Situated in Walker Lane, one of the world’s best mining jurisdictions, with excellent infrastructure, water access, and a mining-friendly regulatory environment.
- Strong Resource Growth Potential: The Santa Fe Mine and its satellite projects, West Santa Fe and Moho, offer exploration upside, with further drilling planned to expand resources.
- Advancing Toward Production: With a positive Preliminary Economic Assessment (PEA) completed in late 2024, Lahontan is aggressively moving toward permitting and development.
- Experienced Leadership: The company is led by an experienced management team with a proven track record in mine development, permitting, and value creation for investors.
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