
Lahontan Gold Submits Notice of Operations for West Santa Fe Exploration Drilling
TL;DR
Lahontan Gold's West Santa Fe drilling program offers potential to expand gold and silver resources, creating shareholder value through mineral resource growth.
Lahontan Gold submitted a Notice of Operations to twin historic holes, drill down-dip, and test mineralization along strike at West Santa Fe Project.
Lahontan Gold's exploration advances responsible mining development in Nevada, potentially creating local jobs and economic opportunities through mineral resource expansion.
Lahontan Gold plans to validate 171 historic drill holes outlining shallow gold and silver mineralization near the historic Mindora underground mine.
Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) has submitted a Notice of Operations to the U.S. Bureau of Land Management for its planned exploration drilling program at the West Santa Fe Project. The project is located 13 kilometers southwest of the Company's flagship Santa Fe Mine Project in Nevada's Walker Lane mineral belt.
The Notice covers multiple drill sites, access roads, and drilling sumps as Lahontan prepares to twin historic holes, drill down-dip, and test mineralization along strike. Historical work totaling 171 drill holes over 13,000 meters outlined shallow, oxidized gold and silver mineralization near the historic Mindora underground mine. This extensive historical database provides a solid foundation for the company's upcoming exploration activities.
Kimberly Ann, Lahontan Founder, Chair, CEO, and President, stated that once approved, the Company will be able to conduct its first drilling program at the project. The primary objectives include validating the extensive historic drill hole database and expanding the footprint of disseminated gold and silver mineralization at West Santa Fe. This represents a crucial step in advancing the project toward potential future development.
The West Santa Fe Project represents a strategic satellite property to Lahontan's flagship Santa Fe Mine project, which has a significant mineral resource base. The Santa Fe Mine contains 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, all pit constrained. Historical production at Santa Fe between 1988 and 1995 totaled 359,202 ounces of gold and 702,067 ounces of silver from open pit mines utilizing heap-leach processing.
The technical content of the company's disclosure has been reviewed and approved by Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., who is a Qualified Person as defined in National Instrument 43-101. The company's technical documentation, including the Preliminary Economic Assessment for the Santa Fe Project, is available through the company's website at https://www.lahontangoldcorp.com and regulatory filings.
For investors seeking additional information about the company's developments, updates relating to LGCXF are available through various financial news platforms. The submission of the Notice of Operations represents a significant milestone in Lahontan's 2025 exploration plans, which include continuing to advance the Santa Fe Mine project toward production, updating the Santa Fe Preliminary Economic Assessment, and conducting the initial drill testing at the West Santa Fe satellite project.
The exploration program at West Santa Fe has implications for the broader mining industry as successful validation of historical data could demonstrate the potential for additional mineral resources in a well-established mining district. The Walker Lane region of Nevada has historically been productive for gold and silver mining, and successful exploration at West Santa Fe could contribute to the region's continued significance in the global mining sector. The company's systematic approach to exploration, beginning with validation of historical data, represents industry best practices for advancing mineral projects while managing technical and financial risk.
Curated from InvestorBrandNetwork (IBN)