Lahontan Gold Corp. , is pleased to announce that it has engaged Kappes, Cassiday and Associates based in Reno, Nevada to produce an updated NI 43-101 compliant Technical Report and Preliminary Economic Assessment for its flagship Santa Fe Mine project, located in Nevada's prolific Walker Lane. KCA will lead a team including RESPEC Company LLC also based in Reno, and Equity Exploration of Vancouver, British Columbia . KCA [...]
Lahontan Gold Corp. is pleased to announce that, further to its press release of April 10, 2024, it has completed its previously announced brokered private placement through the issuance of 57,500,000 units at a price of $0.06 per Unit for gross proceeds of $3,450,000 , which includes the exercise of the agents' option to sell an additional 7,500,000 Units at the Issue Price. The Offering was conducted pursuant to the [...]
Lahontan Gold is pleased to announce it has entered into an agreement with Beacon Securities Limited on behalf of a syndicate of agents in connection with a best efforts private placement offering of units of the Company at a price of $0.06 per Unit for aggregate gross proceeds of up to $3,000,000. Each Unit shall be comprised of one common share of the Company and one-half of one common share purchase warrant of the [...]
Lahontan Gold is pleased to announce that its consultants have begun the final phase of base line environmental data collection for its exploration Plan of Operations at its Santa Fe Mine project. Commencing next week, consulting biologists will complete helicopter-borne raptor surveys throughout the 12.2 km2 POO study area at Santa Fe. In the following weeks, consultants will finish on-the-ground botanical surveys, the [...]
Lahontan Gold is pleased to announce the results from rock-chip sampling and geologic mapping at its 19.7 km2 West Santa Fe project. New geologic mapping and sampling have identified high-grade gold and silver mineralization in area north of the historic Mindora shaft with individual samples containing up to 2.61 g/t gold and 899 g/t silver. Samples range in value from 0.02 to 2.61 g/t gold and 0.7 to 899 g/t silver, and [...]
Lahontan Gold is pleased to provide the following review of key milestones achieved by the Company during 2023 and to lay out Lahontan's mine development and exploration plans for 2024. 2023 was a transformative year for the Company, beginning with the January release of the maiden Mineral Resource Estimate* for its 26.4 km2 flagship Santa Fe Mine project located in the Walker Lane of mining friendly Mineral County [...]
Lahontan Gold Corp. is pleased to announce the results of a review of metallurgical data for its 26.4 km2 flagship Santa Fe Mine project. The data review was completed by Kappes, Cassiday and Associates of Reno. KCA reviewed metallurgical test work on oxide gold and silver mineralization completed by previous operators of the Santa Fe Mine as well as production data. Gold and silver recovery estimates were primarily based [...]
Lahontan Gold is pleased to announce the results from rock-chip sampling in the Slab pit area of its 26.4 km2 flagship Santa Fe Mine project. Geologic mapping and sampling have identified an offset, westerly continuation, of the important Calvada Fault with individual samples containing up to 5.52 g/t gold and 45.1 gpt silver. Samples range in value from 0 to 5.52 g/t gold and 0.2 to 45.1 g/t silver, and average 0.97 g/t [...]
Lahontan Gold is pleased to announce that it has significantly expanded its land holdings at its flagship Santa Fe Mine project by staking 98 unpatented lode mining claims covering over 7.5 km2. The newly staked claims cover possible extensions to the Slab gold and silver resources*, other exploration targets covered by young gravel, and a vast area of flat terrain that could be suitable for mine infrastructure such as [...]
Lahontan Gold is pleased to provide the following update on environmental baseline studies at its flagship Santa Fe Mine Project located in Nevada's prolific Walker Lane gold belt. In March 2023, Lahontan and its consultants began work preparing an exploration Plan of Operations for the Santa Fe Mine Project. The POO covers approximately 12.1 km2 of the 19.1 km2 Project area. The first phase of work is the completion of [...]
Lahontan Gold is pleased to announce results from an additional eight reverse-circulation rotary drill holes from the Company's 2023 Phase Three drilling campaign at the Company's 19 km2 Santa Fe Mine Project. These drill holes were completed in the Slab-Calvada Complex at the Santa Fe Mine where previous Lahontan drilling had outlined significant oxide domain gold and silver resources that remained open along strike and [...]
Lahontan Gold Corp. is pleased to announce that further to its press release of August 2, 2023 it has completed its previously announced brokered private placement through the issuance of 25,000,000 units at a price of $0.08 per Unit for gross proceeds of $2,000,000 . The Offering was conducted pursuant to the terms and conditions of an agency agreement entered into by the Company, Beacon Securities Limited as sole [...]