Lahontan Gold Advances Santa Fe Mine Project in Nevada's Walker Lane Region
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, establishing a strong production legacy in the region.
Recent drilling efforts have contributed to a resource estimate of 1.539 million indicated ounces and 0.411 million inferred ounces of gold equivalent, showcasing the site's continued potential for substantial mineral development. The Walker Lane's reputation as a prime target for mineral exploration underscores the strategic importance of Lahontan Gold's portfolio in this emerging mining district. The company's focus on advancing the Santa Fe Mine project towards production represents a significant step in revitalizing historical mining operations with modern exploration techniques.
The company has announced plans to update the Preliminary Economic Assessment and drill test the West Santa Fe project in 2025, highlighting its commitment to capitalizing on the area's rich geological offerings. These planned activities demonstrate the ongoing evaluation and development of the mineral resources in the Walker Lane region. For more information about the company's projects and progress, visit https://lahontangoldcorp.com.
The combination of historical production data and modern resource estimates positions the Santa Fe Mine as a substantial asset in Nevada's mining landscape. The development of these resources in the Walker Lane region contributes to the broader recognition of this area as an important mineral exploration frontier. The company's systematic approach to advancing multiple properties simultaneously reflects the comprehensive strategy required for successful mineral development in complex geological settings.
Curated from InvestorBrandNetwork (IBN)
