Lahontan Gold Corp Advances Metallurgical Testing to Boost Santa Fe Project Economics

Lahontan Gold Corp has initiated a comprehensive metallurgical testing program at its Santa Fe project focused on improving gold and silver recoveries from the mixed oxide-sulfide transition zone. This strategic effort follows the Preliminary Economic Assessment findings that indicated a 49% gold recovery rate in this specific domain, a figure the company aims to substantially increase through advanced testing methodologies. The results expected later this year could fundamentally impact the project's economic modeling and production forecasting, potentially transforming the overall viability of the Santa Fe operation.

The Santa Fe project represents a cornerstone of Lahontan's development strategy, building upon a rich historical legacy of gold and silver production while containing substantial current resources. The transition zone specifically contains significant untapped resources that remain underutilized due to current recovery limitations. Improving recoveries in this critical area is viewed as essential for unlocking the project's full potential and maximizing resource utilization. CEO Kimberly Ann emphasized the strategic importance of this testing initiative, noting that enhanced recovery rates could provide immediate improvements to project economics and operational efficiency.

Complementing the metallurgical testing program, Lahontan is preparing for an expanded drilling campaign scheduled for 2025, designed to support both resource growth and project optimization. The company has successfully secured approval from the Bureau of Land Management to access additional high-priority drill sites, facilitating more comprehensive exploration and development activities. These coordinated efforts demonstrate Lahontan's systematic approach to advancing the Santa Fe project through multiple parallel initiatives aimed at both immediate improvements and long-term development.

The company's technical programs are supported by extensive historical data and recent analytical work that indicates strong metallurgical potential throughout the Santa Fe property. Lahontan's engagement with leading industry consultants for the Preliminary Economic Assessment update reflects the company's commitment to rigorous technical standards and professional advancement of the project toward eventual production. Located within the renowned Walker Lane mineral belt, the Santa Fe project benefits from the region's established reputation as a prolific mining district, positioning Lahontan to potentially contribute significantly to the area's ongoing gold and silver production legacy through successful implementation of these technical improvements.