Lahontan Gold Advances Nevada Exploration with Dual Drill Programs at Santa Fe Projects
TL;DR
Lahontan Gold Corp's drilling programs in Nevada could unlock significant gold and silver resources, potentially boosting the company's valuation and providing investors with early-mover advantages.
Lahontan Gold Corp is using reverse-circulation drilling to twin historic holes and validate legacy data, supporting future mineral resource estimates and economic assessments.
Responsible mineral development in Nevada could create local jobs, support regional economies, and contribute to sustainable resource extraction practices for future generations.
Lahontan Gold is exploring Nevada's Walker Lane, where historic mining produced over 359,000 ounces of gold, using modern techniques to rediscover precious metals.
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Lahontan Gold Corp. has launched its first drill program at the West Santa Fe project in Nevada's Walker Lane, using a reverse-circulation drill rig to twin historic holes and validate a legacy database containing 171 drill holes totaling over 13,000 metres completed between 1980 and 1995. This validation work could support future mineral resource estimates for the property.
Simultaneously, the company completed its 2025 Phase Two drilling program at the nearby Santa Fe Mine project, where twenty reverse-circulation drill holes targeted gold and silver resource expansion at depth and in step-out areas. This represents the largest annual drill campaign at Santa Fe since drilling began in 2021 and supports plans to update the mineral resource estimate and advance a preliminary economic assessment in 2026.
The Santa Fe Mine project, Lahontan's flagship property covering 26.4 square kilometers, has a history of past production totaling 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines using heap-leach processing. The property currently hosts a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 ounces of gold equivalent and an Inferred Mineral Resource of 411,000 ounces of gold equivalent, all pit constrained.
This dual drilling activity is important because it represents simultaneous advancement of both a new exploration target and an established resource property in one of North America's most productive mining regions. The validation of historical data at West Santa Fe could potentially add new resources to Lahontan's portfolio, while the expanded drilling at Santa Fe Mine aims to increase confidence in existing resources and support economic studies. For investors and the mining industry, these developments signal progress toward potentially bringing another gold-silver operation into production in Nevada, which could contribute to North American mineral supply and create economic opportunities in the region.
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. For additional information about the company's projects and technical reports, visit https://www.lahontangoldcorp.com or access the full press release at https://ibn.fm/cIBPe.
Curated from InvestorBrandNetwork (IBN)
