Lahontan Gold Corp Advances Nevada Flagship Project with Strategic Drill Campaign

Lahontan Gold Corp (TSX.V: LG) (OTCQB: LGCXF) is advancing its flagship Santa Fe Mine project in Nevada through a strategic drill campaign focused on upgrading and expanding shallow oxide reserves. The company is organizing a reverse-circulation drill rig to conduct this program, which represents a shift from broad resource definition to technical groundwork that precedes mine planning and permitting. This move indicates significant progress in Santa Fe's efforts toward mineral exploitation.

The current program consists of 25 drill holes totaling approximately 4,000 meters, with particular focus on the York and Slab zones. These areas contain near-surface oxidation mineralization where previous drilling has demonstrated extensive silver-gold potential. The reverse-circulation campaign is specifically designed to transform resources from the inferred to the indicated category while expanding the overall resource base. This technical advancement sets the company up for comprehensive economic and engineering evaluation targeted for 2026.

The Santa Fe Mine is located within Nevada's Walker Lane trend, one of the world's most productive and mining-friendly regions. Lahontan Gold controls four gold and silver properties in Nevada through its U.S. subsidiaries, with three properties 100%-owned and one controlled via a low-cost option to acquire full ownership. The company's portfolio represents a clear near-term path to production, with a focus on unlocking oxide gold and silver value from past-producing, infrastructure-rich projects.

This strategic drill campaign has broader implications for the mining industry and investment community. By moving resources from inferred to indicated categories, Lahontan Gold increases the technical confidence in its mineral estimates, which typically leads to more accurate project valuations and reduced investment risk. The focus on shallow oxide mineralization suggests potentially lower extraction costs and simpler processing requirements compared to deeper sulfide deposits.

The timing of this campaign aligns with growing global demand for precious metals and increasing interest in North American mining projects with established infrastructure. Nevada's mining-friendly regulatory environment and existing infrastructure network provide additional advantages for project development. The company's progress toward 2026 economic evaluation creates a clear timeline for stakeholders to monitor development milestones.

For investors and industry observers, the latest news and updates relating to Lahontan Gold Corp are available through various channels, including the company's newsroom at http://ibn.fm/LGCXF. Additional information about the company can be found on its corporate website at https://www.LahontanGoldCorp.com. The strategic importance of this drill campaign extends beyond immediate resource expansion, potentially positioning Lahontan Gold as a more attractive candidate for future partnerships, financing, or development opportunities in the competitive Nevada mining landscape.