Lahontan Gold Corp
@lahontangoldcorp.com
Lahontan Gold Corp (LG) controls three gold and silver exploration projects in the heart of Nevada’s prolific Walker Lane. Our flagship asset, the 100% controlled 19.1 km2 Santa Fe Mine, has past production of 345,000 ounces of gold and 710,000 ounces of silver from shallow, oxidized precious metal mineralization utilizing open pit mining and heap-leach processing. On January 17 2023, the Company announced a maiden Mineral Resource Estimate (“MRE”) for Santa Fe based upon 1,275 drill holes totaling 125,435 metres, including 50 drill holes totaling 13,118 metres drilled by Lahontan since 2021.Highlights of the MRE include:Project-wide pit constrained Indicated Mineral Resources of 1,112,000 contained gold equivalent (“Au Eq”) ounces and Inferred Mineral Resources of 544,000 contained Au Eq ounces.Project-wide average grade for the Indicated Mineral Resource is 1.14 g/t Au Eq; the average grade of the Project-wide Inferred Mineral Resource is 1.00 g/t Au Eq.Indicated Oxide Resources total 21.6 Mt grading 1.03 g/t Au Eq for 712,000 Au Eq ounces and Inferred Oxide Resources total 11.1 Mt grading 0.73 g/t Au Eq for 262,000 Au Eq ounces.The MRE is constrained by conceptual pit shells and the block model shows that gold and silver mineralization extends well beyond the pit shells, generating high-quality targets for additional drilling and resource growth. Within the pits, gold and silver deposits crop out at the surface providing opportunities for rapid, low-cost mining operations (please see Santa Fe mine technical report, available on SEDAR or the Company’s website).
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About Lahontan Gold Corp
Lahontan Gold Corp (LG) is a reputable Canadian mineral exploration company that specializes in gold and silver exploration projects. Located in the heart of Nevada's prolific Walker Lane, Lahontan Gold Corp controls three impressive properties: the flagship 19. 1 km2 Santa Fe Mine, West Santa Fe, and Moho Redlich.
The Santa Fe Mine stands out with its impressive past production of 345,000 ounces of gold and 710,000 ounces of silver, thanks to open pit mining and heap-leach processing methods. Recently, Lahontan Gold Corp announced a significant milestone with the maiden Mineral Resource Estimate (MRE) for Santa Fe. This estimate includes 1,275 drill holes totaling 125,435 meters, showcasing the project's immense potential.
The MRE highlights include project-wide pit constrained Indicated Mineral Resources of 1,112,000 contained gold equivalent (Au Eq) ounces and Inferred Mineral Resources of 544,000 contained Au Eq ounces. These resources demonstrate the extensive reach of gold and silver mineralization, surpassing the conceptual pit shells. Additionally, Lahontan Gold Corp's other projects, West Santa Fe, Moho, and Redlich Silver, offer exceptional exploration opportunities.
With a focus on oxide gold in Nevada, Lahontan Gold Corp continues to strive for excellence in the mineral exploration industry
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Gold and silver exploration
Mine development
Nevada Walker Lane projects
Heap-leach gold and silver development
Canadian NI 43-101 mineral resources
