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 premier destination for gold development. The company's strategic land position and focus on projects combining historical production with scalable exploration and metallurgy differentiate it from competitors. Central to Lahontan's portfolio is the Santa Fe Mine, which operated between 1988 and 1995, producing 359,202 ounces of gold and 702,067 ounces of silver through 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 potential for future development and economic viability. Lahontan's exploration strategy extends beyond the main Santa Fe deposit to include the West Santa Fe, Moho, and Redlich projects, each offering distinct geological characteristics and additional growth opportunities. Detailed information about Lahontan's projects and their resource estimates can be found at 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 its satellite West Santa Fe project in 2025. These initiatives demonstrate the company's dedication to maximizing the value of its assets in the Walker Lane corridor. The technical report outlining the Santa Fe Project's resources and economic assessment is accessible through the company's website and SEDAR+, offering investors comprehensive insights into its valuation and future prospects.
The Walker Lane corridor's status as a mining-friendly jurisdiction, combined with Lahontan's strategic projects and substantial resource base, establishes the company as a significant contributor to the region's gold development landscape. Current updates about Lahontan Gold Corp are available through the company's newsroom at http://ibn.fm/LGCXF, providing stakeholders with ongoing information about corporate developments and project advancements.
Curated from InvestorBrandNetwork (IBN)
