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FAQ: Lahontan Gold Corp.'s 2025 Drilling Programs at Santa Fe and West 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 commenced its maiden drill program at the West Santa Fe project and completed its 2025 Phase Two drilling program at the Santa Fe Mine project.
The drilling aims to twin historic holes and validate a legacy database of 171 drill holes from 1980-1995, which could support future mineral resource estimates.
Twenty reverse-circulation drill holes targeted gold and silver resource expansion at depth and in step-out areas, marking the largest annual drill campaign at Santa Fe since drilling began in 2021.
The programs support plans to update the mineral resource estimate and advance a preliminary economic assessment in 2026, moving the Santa Fe Mine project toward production.
Both projects are located in Nevada's Walker Lane region, which is described as mining friendly.
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.
The Company plans to continue advancing the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment, and drill test its satellite West Santa Fe project.
Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., who is a Qualified Person as defined in National Instrument 43-101.
For more information, please visit the company's website at www.lahontangoldcorp.com.
The full press release is available at https://ibn.fm/cIBPe.
Curated from InvestorBrandNetwork (IBN)
