FAQ: Lahontan Gold Corp.'s West Santa Fe Project Drilling Operations
Summary
What is the main announcement from Lahontan Gold Corp.?
Lahontan Gold Corp. has submitted a Notice of Operations to the U.S. Bureau of Land Management for its planned exploration drilling program at the West Santa Fe Project.
Where is the West Santa Fe Project located?
The West Santa Fe Project is located 13 kilometers southwest of the company’s flagship Santa Fe Mine Project in the Walker Lane of Nevada.
What does the Notice of Operations cover?
The Notice covers multiple drill sites, access roads, and drilling sumps for the planned exploration drilling program.
What are the specific objectives of the drilling program?
The company plans to twin historic holes, drill down-dip, and test mineralization along strike to validate the extensive historic drill hole database and expand the footprint of disseminated gold and silver mineralization.
What historical work has been done at the West Santa Fe Project?
Historical work included 171 drill holes over 13,000 meters that outlined shallow, oxidized gold and silver mineralization near the historic Mindora underground mine.
When will the drilling program take place?
The company plans to drill test its satellite West Santa Fe project during 2025, once the Notice of Operations is approved by the BLM.
What is the significance of this drilling program?
This represents the company’s first drilling program at the West Santa Fe Project, which could validate historical data and potentially expand known mineralization, advancing the project toward development.
What are the mineral resources at the flagship Santa Fe Mine project?
The Santa Fe Mine has an Indicated Mineral Resource of 1,539,000 oz Au Eq and an Inferred Mineral Resource of 411,000 oz Au Eq, all pit constrained.
Who is the Qualified Person responsible for technical review?
Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., has reviewed and approved the technical content of this news release and the company’s technical disclosure.
Where can I find more information about Lahontan Gold Corp.?
For more information, please visit the company’s website at www.lahontangoldcorp.com or view the full press release at https://ibn.fm/825hy.
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