Lahontan Gold Corp Advances Santa Fe Mine Project in Nevada's Walker Lane Region
TL;DR
Lahontan Gold Corp. is strategically positioned to become Nevada's premier silver and gold producer with its four high-potential exploration properties in Walker Lane.
Lahontan Gold Corp. has drilled 13,118 meters across 50 holes, establishing a pit-constrained NI 43-101 resource estimate of 1.539 million indicated ounces and 0.411 million inferred ounces of gold equivalent.
Lahontan Gold Corp.'s exploration and development in Nevada's Walker Lane could contribute to local economies and the global supply of precious metals.
The Santa Fe Mine, Lahontan Gold Corp.'s flagship project, previously produced 356,000 ounces of gold and 784,000 ounces of silver between 1988 and 1995.
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Lahontan Gold Corp is making significant progress in Nevada's Walker Lane region, an area gaining recognition for its mineral exploration potential. The company owns and is developing four exploration properties in this geologically diverse area, with the Santa Fe Mine serving as its flagship project. Historical production at the Santa Fe Mine totaled 356,000 ounces of gold and 784,000 ounces of silver between 1988 and 1995, demonstrating the site's established mineral endowment.
Recent drilling activities have contributed to a substantial resource estimate of 1.539 million indicated ounces and 0.411 million inferred ounces of gold equivalent, highlighting the continued potential of the Santa Fe Mine project. The Walker Lane's growing reputation as a prime target for mineral exploration underscores the strategic importance of Lahontan Gold's property portfolio in this emerging mining district.
The company's primary focus involves advancing the Santa Fe Mine project toward production while planning to update the Preliminary Economic Assessment and conduct drill testing at the West Santa Fe project in 2025. These initiatives demonstrate Lahontan Gold's commitment to maximizing the value of its assets in the mineral-rich Walker Lane region. For additional information about the company's projects and development progress, visit https://lahontangoldcorp.com.
The combination of historical production data and current resource estimates positions the Santa Fe Mine as a significant asset within Lahontan Gold's exploration portfolio. The company's systematic approach to development in the Walker Lane region reflects the broader mining industry's increasing interest in this geologically promising area of Nevada.
Curated from InvestorBrandNetwork (IBN)
