Lahontan Gold Corp Advances Nevada's Walker Lane Exploration with Santa Fe Mine Development
TL;DR
Lahontan Gold Corp. is strategically positioned to become Nevada's premier silver and gold producer with its four high-potential exploration properties in Walker Lane.
Lahontan Gold Corp. has drilled 13,118 meters across 50 holes, establishing a pit-constrained NI 43-101 resource estimate of 1.539 million indicated ounces and 0.411 million inferred ounces of gold equivalent.
Lahontan Gold Corp.'s exploration and development in Nevada's Walker Lane could contribute to local economies and the global supply of precious metals.
The Santa Fe Mine, Lahontan Gold Corp.'s flagship project, previously produced 356,000 ounces of gold and 784,000 ounces of silver between 1988 and 1995.
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Lahontan Gold Corp is making significant progress in Nevada's Walker Lane, an area increasingly recognized for its mineral exploration potential. The company owns and is developing four exploration properties in this geologically diverse region, with the Santa Fe Mine standing out as its flagship project. Historically, the Santa Fe Mine produced 356,000 ounces of gold and 784,000 ounces of silver between 1988 and 1995, demonstrating the area's proven mineral wealth.
Recent drilling efforts have contributed to a substantial resource estimate of 1.539 million indicated ounces and 0.411 million inferred ounces of gold equivalent, showcasing the site's continued potential for significant mineral extraction. The Walker Lane's growing reputation as a prime target for mineral exploration underscores the strategic importance of Lahontan Gold's portfolio in this promising geological region. The company maintains a strong focus on advancing the Santa Fe Mine project toward production, recognizing the substantial value represented by the established resource base.
Lahontan Gold has outlined concrete plans to update the Preliminary Economic Assessment and conduct drill testing at the West Santa Fe project in 2025, highlighting the company's systematic approach to development and its commitment to capitalizing on the area's rich geological offerings. These planned activities represent important next steps in the company's strategy to fully evaluate and develop the mineral potential across its property holdings. For additional information about the company's ongoing work, visit https://lahontangoldcorp.com.
The combination of historical production data and modern resource estimates provides strong validation of the Santa Fe Mine's economic potential, while the planned 2025 activities demonstrate the company's forward momentum in developing this important mineral asset. The strategic positioning within the Walker Lane region further enhances the significance of these developments, as this area continues to gain recognition within the mining industry for its mineral exploration opportunities and geological diversity that supports multiple mining operations.
Curated from InvestorBrandNetwork (IBN)
