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

TL;DR

Lahontan Gold Corp. offers investors a strategic advantage with its Santa Fe Mine project, boasting 2 million ounces of gold and a favorable regulatory environment in Nevada.

Lahontan Gold Corp. plans to revive the Santa Fe Mine by leveraging its low-cost open-pit heap leach history and updating its Preliminary Economic Assessment for 2025.

Reviving the Santa Fe Mine contributes to economic growth and job creation in Nevada, aligning with global efforts to secure critical minerals like gold.

Discover how Lahontan Gold Corp. is tapping into Nevada's rich mining history to unlock the potential of the Santa Fe Mine's 2 million ounces of gold.

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

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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