Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF), a Nevada-focused mine developer advancing four gold and silver projects in the Walker Lane, is maintaining a 2027 construction target for the planned restart of the past-producing Santa Fe Mine, according to a recent CEO.CA interview with founder and CEO Kimberly Ann. The interview, disseminated on behalf of Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF), highlighted the steps the company is taking to keep that timeline on track.
During the interview, Ann walked through the company's progress, including a recently announced definitive agreement to acquire Emergent Metals. The deal would give Lahontan 100% of West Santa Fe, eliminate approximately $1.73 million in future payments, and end 1% net smelter return royalties on West Santa Fe and 27 York claims at Santa Fe. It also adds the adjoining New York Canyon project. Permitting work has been under way for the past three and a half years, and an updated preliminary economic assessment is due imminently.
The timeline is particularly significant given current market conditions. Gold is holding at historically high levels while trading well off its peak. Spot gold was at $4,183.13 an ounce in early October, after hitting what CNBC reported as a two-month low. Gold's record remains the $5,597.23 reached on January 29, 2026. For a developer that cannot say when it will build, a gold price above $4,100 an ounce does little, which makes Lahontan's dated construction target a key differentiator.
For readers, the announcement signals that Lahontan is moving through the permitting and assessment phases with a defined path toward construction. The acquisition of Emergent Metals would consolidate ownership and remove royalty obligations, potentially improving project economics. The updated preliminary economic assessment, expected soon, should provide further clarity on the project's scope and financial returns. Investors can find more details in the full interview Read More>>.
The latest news and updates relating to LGCXF are available in the company's newsroom at ibn.fm/LGCXF. The interview was featured on Rocks & Stocks, a specialized communications platform delivering deep insights into the mining industry. Rocks & Stocks is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries, among other services including editorial syndication to 5,000+ outlets and social media distribution.
