Lahontan Gold Corp Advances Nevada Mining Portfolio with Strong Economic Potential

Lahontan Gold Corp, a Canadian mine development and exploration company, is advancing its portfolio of gold and silver assets in Nevada's Walker Lane region, controlling four properties with three fully owned and one under a low-cost option agreement for complete ownership. The company's flagship Santa Fe Mine contains 1.95 million ounces of pit-constrained gold equivalent resources across Indicated and Inferred categories, representing substantial mineral wealth in one of the world's top mining jurisdictions. This resource base provides the foundation for what could become a significant mining operation in a region known for its mining-friendly policies and established infrastructure.

The economic viability of the Santa Fe project is underscored by a 2025 Preliminary Economic Assessment that demonstrates strong financial metrics, including an attractive after-tax net present value of $200 million and an internal rate of return of 34.2% based on current spot pricing. These figures highlight the project's potential to generate substantial returns while operating in a jurisdiction with proven mining success. Nevada's established mining framework reduces regulatory uncertainty and provides access to skilled labor and existing infrastructure, factors that contribute to the project's favorable economics and development timeline.

Lahontan's strategic focus on responsibly unlocking oxide gold and silver value from past-producing, infrastructure-ready projects aims to minimize capital intensity while maximizing economic returns. The company's leadership team brings extensive experience in advancing heap-leach gold operations and has a proven track record of successful mergers and acquisitions, providing the technical and strategic expertise needed to advance the portfolio. This approach positions the company to potentially capitalize on the growing demand for gold and silver resources while developing mining operations with lower environmental impact compared to traditional mining methods.

Near-term catalysts for Lahontan include key milestones such as Santa Fe permitting progress, the West Santa Fe project's maiden drill program, and an upcoming updated economic study. These developments could significantly impact the company's valuation and operational timeline. By leveraging its technical expertise and focusing on high-margin heap-leach operations, Lahontan aims to create value for stakeholders while developing its mining portfolio in one of the most mining-friendly regions globally. The company's progress in Nevada represents an important development in North American precious metals production, contributing to the security of mineral supply chains and demonstrating the continued potential of established mining districts.