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Lahontan Gold Corp announces the grant of 9,100,000 options to purchase common shares at $0.08 per share for a period of five years to directors, officers, and consultants. The shares are subject to a four-month hold period from the grant date.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) announces a 3,000 meter drill program at Santa Fe Mine project in Nevada, following a successful 2023 campaign. This drilling aims to expand mineral resources, update the Mineral Resource Estimate, and support a Preliminary Economic Assessment. Mobilization of the drill rig is imminent, targeting areas with significant potential for project growth.
Lahontan Gold Corp has engaged Kappes, Cassiday and Associates for a Preliminary Economic Assessment of its Santa Fe Mine project in Nevada's Walker Lane. The assessment will include open-pit mining, crushing, heap leaching, and a carbon ADR plant. The project aims to optimize production rates and evaluate costs for a potential mining operation.