Lahontan Reports Progress on Santa Fe Plan of Operation
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) has provided an update on its Exploration Plan of Operations (EPOO) for the Santa Fe Mine project, submitted to the U.S. Bureau of Land Management (BLM) in November 2024. The company expects the BLM to issue a formal completeness determination soon, advancing the project to the National Environmental Policy Act (NEPA) phase.
The EPOO, when approved, will permit up to 750 drill holes at Santa Fe. Meanwhile, Lahontan can continue exploration drilling under a Notice of Intent (NOI) and on patented mining claims. Of the eight environmental baseline reports submitted, four received no comments (Biology, Social and Economic Values, Paleontology, Visual Resources), while three have been addressed (Raptors, Surface Hydrology, Air Quality). The final Cultural Resources report response will be submitted this week.
The company anticipates receiving a Finding of No Significant Impact (FONSI) and formal EPOO approval by late 2025.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) ha fornito un aggiornamento sul suo Piano di Operazioni di Esplorazione (EPOO) per il progetto della Miniera Santa Fe, presentato al Bureau of Land Management (BLM) degli Stati Uniti nel novembre 2024. L'azienda si aspetta che il BLM emetta presto una determinazione formale di completezza, portando il progetto alla fase del National Environmental Policy Act (NEPA).
Una volta approvato, l'EPOO permetterà fino a 750 perforazioni a Santa Fe. Nel frattempo, Lahontan può continuare la perforazione esplorativa sotto un Avviso di Intenzione (NOI) e su concessioni minerarie brevettate. Dei sette rapporti ambientali di base presentati, quattro non hanno ricevuto commenti (Biologia, Valori Sociali ed Economici, Paleontologia, Risorse Visive), mentre tre sono stati affrontati (Rapaci, Idrologia Superficiale, Qualità dell'Aria). La risposta finale al rapporto sulle Risorse Culturali sarà presentata questa settimana.
L'azienda prevede di ricevere un Risultato di Nessun Impatto Significativo (FONSI) e l'approvazione formale dell'EPOO entro la fine del 2025.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) ha proporcionado una actualización sobre su Plan de Operaciones de Exploración (EPOO) para el proyecto de la Mina Santa Fe, presentado a la Oficina de Administración de Tierras de EE. UU. (BLM) en noviembre de 2024. La compañía espera que el BLM emita pronto una determinación formal de completitud, avanzando el proyecto a la fase de la Ley de Política Ambiental Nacional (NEPA).
Una vez aprobado, el EPOO permitirá hasta 750 perforaciones en Santa Fe. Mientras tanto, Lahontan puede continuar la perforación de exploración bajo un Aviso de Intención (NOI) y en reclamos mineros patentados. De los ocho informes de línea base ambiental presentados, cuatro no recibieron comentarios (Biología, Valores Sociales y Económicos, Paleontología, Recursos Visuales), mientras que tres han sido abordados (Rapaces, Hidrología Superficial, Calidad del Aire). La respuesta final al informe de Recursos Culturales se presentará esta semana.
La compañía anticipa recibir un Hallazgo de Ningún Impacto Significativo (FONSI) y la aprobación formal del EPOO para finales de 2025.
라혼탄 골드 코프 (TSXV:LG)(OTCQB:LGCXF)는 2024년 11월에 미국 내무부 토지 관리국(BLM)에 제출한 산타페 광산 프로젝트의 탐사 운영 계획(EPOO)에 대한 업데이트를 제공했습니다. 회사는 BLM이 곧 공식적인 완전성 결정을 내릴 것으로 예상하고 있으며, 이는 프로젝트가 국가 환경 정책법(NEPA) 단계로 나아가는 것을 의미합니다.
승인된 EPOO는 산타페에서 최대 750개의 시추공을 허용할 것입니다. 그동안 라혼탄은 의도 통지서(NOI)와 특허 광산 청구권에 따라 탐사 시추를 계속할 수 있습니다. 제출된 8개의 환경 기초 보고서 중 4개는 의견을 받지 않았으며(생물학, 사회 및 경제적 가치, 고생물학, 시각 자원), 3개는 다루어졌습니다(맹금류, 표면 수리학, 공기 질). 최종 문화 자원 보고서에 대한 응답은 이번 주에 제출될 예정입니다.
회사는 2025년 말까지 의미 있는 영향이 없다는 결정(FONSI)과 공식 EPOO 승인을 받을 것으로 예상하고 있습니다.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) a fourni une mise à jour sur son Plan d'Opérations d'Exploration (EPOO) pour le projet de Mine Santa Fe, soumis au Bureau de la Gestion des Terres des États-Unis (BLM) en novembre 2024. L'entreprise s'attend à ce que le BLM émette bientôt une détermination formelle de complétude, faisant avancer le projet vers la phase de la Loi sur la Politique Environnementale Nationale (NEPA).
Une fois approuvé, l'EPOO permettra jusqu'à 750 forages à Santa Fe. En attendant, Lahontan peut continuer les forages d'exploration sous un Avis d'Intention (NOI) et sur des revendications minières brevetées. Parmi les huit rapports de référence environnementale soumis, quatre n'ont reçu aucun commentaire (Biologie, Valeurs Sociales et Économiques, Paléontologie, Ressources Visuelles), tandis que trois ont été traités (Rapaces, Hydrologie de Surface, Qualité de l'Air). La réponse finale au rapport sur les Ressources Culturelles sera soumise cette semaine.
L'entreprise prévoit de recevoir une Déclaration de Non Impact Significatif (FONSI) et l'approbation formelle de l'EPOO d'ici la fin de 2025.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) hat ein Update zu seinem Explorationsbetriebsplan (EPOO) für das Santa Fe-Minenprojekt bereitgestellt, das im November 2024 beim U.S. Bureau of Land Management (BLM) eingereicht wurde. Das Unternehmen erwartet, dass der BLM bald eine formelle Vollständigkeitsfeststellung trifft, wodurch das Projekt in die Phase des National Environmental Policy Act (NEPA) übergeht.
Der genehmigte EPOO wird bis zu 750 Bohrlöcher in Santa Fe erlauben. In der Zwischenzeit kann Lahontan mit der Erkundungsbohrung unter einer Absichtserklärung (NOI) und auf patentierten Bergbauansprüchen fortfahren. Von den acht eingereichten Umwelt-Basisberichten erhielten vier keine Kommentare (Biologie, Soziale und Wirtschaftliche Werte, Paläontologie, Visuelle Ressourcen), während drei angesprochen wurden (Greifvögel, Oberflächenhydrologie, Luftqualität). Die endgültige Antwort auf den Bericht über kulturelle Ressourcen wird in dieser Woche eingereicht.
Das Unternehmen rechnet damit, bis Ende 2025 eine Feststellung ohne signifikante Auswirkungen (FONSI) und die formelle Genehmigung des EPOO zu erhalten.
- Permitting process progressing as planned with final approval on track
- Ability to continue drilling operations during approval process
- Four environmental reports received no comments from BLM
- Three additional environmental reports successfully addressed
- Final approval not expected until late 2025
- One environmental report still pending BLM approval
TORONTO, ON / ACCESS Newswire / March 18, 2025 / Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF) (the "Company" or "Lahontan") is pleased to provide an update on its Exploration Plan of Operations ("EPOO") for the Santa Fe Mine project that was submitted to the U.S. Bureau of Land Management ("BLM") in November, 2024. Based on a recent meeting with BLM personnel, the Company expects the BLM to issue a formal completeness determination for the EPOO, allowing the permitting process to enter the NEPA phase ("National Environmental Policy Act") shortly. Final approval of the EPOO remains on track for late 2025. In the interim, Lahontan can continue exploration drilling at the Santa Fe Mine under a Notice of Intent ("NOI") and on its patented mining claims.
Kimberly Ann, Lahontan Gold Corp CEO, Chair, and Founder commented: "Lahontan is pleased with the progress that the BLM has made with its review of the Santa Fe Mine EPOO. When approved, the EPOO will permit up to 750 drill holes at Santa Fe, allowing the Company to unlock the exploration potential of the project. In the meantime, Lahontan will be able to continue resource expansion and metallurgical drilling programs under a NOI, continuing to advance Santa Fe towards mine development".
Of the eight environmental baseline reports in the EPOO, the BLM had no comments on four reports (Biology, Social and Economic Values, Paleontology, Visual Resources). The Company has addressed BLM comments on three of the baseline reports (Raptors, Surface Hydrology, Air Quality) and will submit a response to BLM comments on the Cultural Resources report this week. Lahontan is looking forward to a Finding of No Significant Impact ("FONSI") and formal approval of the EPOO late this year.
About Lahontan Gold Corp.
Lahontan Gold Corp. is a Canadian mine development and mineral exploration company that holds, through its US subsidiaries, four top-tier gold and silver exploration properties in the Walker Lane of mining friendly Nevada. Lahontan's flagship property, the 26.4 km2 Santa Fe Mine project, had past production of 359,202 ounces of gold and 702,067ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing*. The Santa Fe Mine has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq(grading 0.99 g/t Au Eq) and an Inferred Mineral Resource of 411,000 oz Au Eq (grading 0.76 g/t Au Eq), all pit constrained (Au Eq is inclusive of recovery, please see Santa Fe Project Technical Report*). 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 during 2025. For more information, please visit our website: www.lahontangoldcorp.com
* Please see the "Preliminary Economic Assessment, NI 43-101 Technical Report, Santa Fe Project", Authors: Kenji Umeno, P. Eng., Thomas Dyer, PE, Kyle Murphy, PE, Trevor Rabb, P. Geo, Darcy Baker, PhD, P. Geo., and John M. Young, SME-RM; Effective Date: December 10, 2024, Report Date: January 24, 2025. The Technical Report is available on the Company's website and SEDAR+.
On behalf of the Board of Directors
Kimberly Ann
Founder, CEO, President, and Director
FOR FURTHER INFORMATION, PLEASE CONTACT:
Lahontan Gold Corp.
Kimberly Ann
Founder, Chief Executive Officer, President, Director
Phone: 1-530-414-4400
Email: Kimberly.ann@lahontangoldcorp.com
Website: www.lahontangoldcorp.com
Cautionary Note Regarding Forward-Looking Statements:
Neither TSX Venture Exchange("TSXV") nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedarplus.com
SOURCE: Lahontan Gold Corp
View the original press release on ACCESS Newswire
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