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Lahontan Gold Corp. Discusses Revival of Santa Fe Mine on MiningNewsWire Podcast

Burstable News - Business and Technology News July 15, 2025
By Burstable News Staff
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Lahontan Gold Corp. Discusses Revival of Santa Fe Mine on MiningNewsWire Podcast

Summary

Lahontan Gold Corp. shares its strategy for reviving the Santa Fe Mine in Nevada, highlighting its potential impact on the gold mining industry and shareholder value.

Full Article

Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF), a Canadian exploration and mine development company, was recently featured on The MiningNewsWire Podcast, hosted by IBN. During the podcast, Kimberly Ann, the founder and CEO of Lahontan Gold, discussed the company's ambitious plans to fast-track the revival of the past-producing Santa Fe Mine in Nevada's Walker Lane. This region is renowned as one of the most prolific mining areas globally.

Ann emphasized the Santa Fe Mine's significant potential, noting its reported 2 million ounces of gold and a history of low-cost open-pit heap leach operations. She also pointed out the favorable economic and regulatory environment that supports the mine's revival. With gold's recent inclusion on the critical minerals list, Lahontan Gold is poised to capitalize on this opportunity, focusing on a business-first approach to enhance shareholder value.

The Santa Fe Mine project, covering 26.4 km2, has a notable history of production, with 359,202 ounces of gold and 702,067 ounces of silver extracted between 1988 and 1995. The project boasts a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq and an Inferred Mineral Resource of 411,000 oz Au Eq. Lahontan Gold plans to advance the Santa Fe Mine project towards production, update its Preliminary Economic Assessment, and conduct drill tests on its satellite West Santa Fe project in 2025.

This initiative by Lahontan Gold Corp. represents a significant step forward in the mining industry, potentially contributing to the global supply of gold and silver. The company's focus on reviving the Santa Fe Mine underscores the importance of leveraging historical mining assets in today's economic and regulatory climate, offering a promising outlook for investors and the mining sector at large.

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