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Lahontan Submits Santa Fe Exploration Plan of Operation to the Bureau of Land Management

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Lahontan Gold Corp has submitted its Santa Fe Mine project Exploration Plan of Operations (POO) to the Bureau of Land Management for approval. The submission includes comprehensive draft baseline study reports covering environmental aspects such as biology, wildlife, vegetation, and protected species, along with cultural, visual, hydrology, and socio-economic assessments. The company expects final POO approval by Q3 2025. Notably, all environmental and cultural baseline studies can be integrated into a future Mining Plan of Operation, which the company plans to submit in draft form to BLM in early 2025.

Lahontan Gold Corp ha presentato il suo progetto per la miniera di Santa Fe Piano di Operazioni di Esplorazione (POO) al Bureau of Land Management per l'approvazione. La presentazione include rapporti dettagliati sui studi di base che coprono aspetti ambientali come biologia, fauna selvatica, vegetazione e specie protette, insieme a valutazioni culturali, visive, idrologiche e socio-economiche. L'azienda si aspetta l'approvazione finale del POO entro il Q3 2025. È importante notare che tutti gli studi di base ambientali e culturali possono essere integrati in un futuro Piano di Operazione Mineraria, che l'azienda prevede di presentare in bozza al BLM all'inizio del 2025.

Lahontan Gold Corp ha presentado su proyecto de mina Santa Fe Plan de Operaciones de Exploración (POO) para la aprobación de la Oficina de Administración de Tierras. La presentación incluye informes detallados de estudios básicos que abarcan aspectos ambientales como biología, vida silvestre, vegetación y especies protegidas, junto con evaluaciones culturales, visuales, hidrográficas y socioeconómicas. La empresa espera la aprobación final del POO para el Q3 2025. Es notable que todos los estudios básicos ambientales y culturales pueden integrarse en un futuro Plan de Operación Minera, que la empresa planea presentar en forma de borrador al BLM a principios de 2025.

Lahontan Gold Corp는 산타페 광산 프로젝트 탐사 운영 계획(POO)을 토지 관리국에 승인을 요청했습니다. 제출물에는 생물학, 야생 동물, 식생 및 보호된 종과 같은 환경적 측면을 포함한 포괄적인 기본 연구 보고서 초안이 포함되어 있으며, 문화적, 시각적, 수리학적 및 사회 경제적 평가가 포함됩니다. 회사는 2025년 3분기까지 최종 POO 승인을 기대하고 있습니다. 모든 환경 및 문화적 기준 연구는 회사가 2025년 초에 초안 형태로 BLM에 제출할 계획인 향후 채광 운영 계획에 통합될 수 있다는 점이 특히 주목할 만합니다.

Lahontan Gold Corp a soumis son projet de mine de Santa Fe Plan d'Opérations d'Exploration (POO) au Bureau de la Gestion des Terres pour approbation. La soumission comprend des rapports préliminaires d'études balises couvrant des aspects environnementaux tels que la biologie, la faune, la végétation et les espèces protégées, ainsi que des évaluations culturelles, visuelles, hydrologiques et socio-économiques. L'entreprise s'attend à obtenir l'approbation finale du POO d'ici Q3 2025. Il est à noter que toutes les études de base environnementales et culturelles peuvent être intégrées dans un futur Plan d’Opération Minier, que l'entreprise prévoit de soumettre sous forme de projet au BLM début 2025.

Lahontan Gold Corp hat seinen Santa Fe Minenprojekt Erkundungsbetriebsplan (POO) zur Genehmigung beim Bureau of Land Management eingereicht. Die Einreichung umfasst umfassende Entwürfe von Grundlinienstudienberichten, die Umweltaspekte wie Biologie, Tierwelt, Vegetation und geschützte Arten sowie kulturelle, visuelle, hydrologische und sozioökonomische Bewertungen abdecken. Das Unternehmen erwartet die endgültige Genehmigung des POO bis Q3 2025. Besonders hervorzuheben ist, dass alle umwelt- und kulturbezogenen Grundlinienstudien in einen zukünftigen Bergbau-Betriebsplan integriert werden können, den das Unternehmen Anfang 2025 in Entwurf form an das BLM einreichen möchte.

Positive
  • Company remains on schedule with permitting process
  • Environmental baseline studies can be reused for Mining Plan of Operation
  • Proactive preparation of Mining POO draft for early 2025 submission
Negative
  • Extended timeline until Q3 2025 for final POO approval

TORONTO, ON / ACCESSWIRE / November 11, 2024 / Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF) (the "Company" or "Lahontan") is pleased to announce that it has submitted its Santa Fe Mine project Exploration Plan of Operations ("POO") to the Federal Bureau of Land Management ("BLM") for approval and determination of formal completeness. The Company and its consultants have completed draft baseline study reports which are included in the updated POO being submitted to the BLM. Environmental baseline reports to be submitted include general biology, bats, avian and terrestrial wildlife, vegetation, and survey results for any sensitive or protected species. Other baseline reports to be submitted include cultural, visual, surface hydrology, environmental justice, and socio-economic values. Once BLM has completed their review, the Company should be able to begin the National Environmental Protection Act ("NEPA") process and complete the permitting process.

Kimberly Ann, Founder, Executive Chair, CEO, and President of Lahontan Gold Corp commented: "With the submission of the POO, the BLM can begin its review process and issue a formal completeness determination that allows the NEPA process to commence. The permitting process remains on schedule and we anticipate final approval of the POO by Q3 2025. Importantly, all the environmental and cultural baseline studies completed for the POO can be integrated into a Mining Plan of Operation as all the contemplated mining activity will take place within the footprint of the Exploration POO. The Company has already begun work on the Mining POO and anticipates submitting a draft Mining POO to the BLM early in 2025."

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.

On behalf of the Board of Directors

Kimberly Ann

Executive Chair, Founder, CEO, and President

FOR FURTHER INFORMATION, PLEASE CONTACT:

Lahontan Gold Corp.
Kimberly Ann
Executive Chair, Founder, CEO, and President

Phone: 1-530-414-4400
Email: Kimberly.ann@lahontangoldcorp.com

Website: www.lahontangoldcorp.com

Cautionary Note Regarding Forward-Looking Statements:

Neither TSX Venture Exchange 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 historic 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.sedar.com

SOURCE: Lahontan Gold Corp



View the original press release on accesswire.com

FAQ

When will Lahontan Gold Corp (LGCXF) receive final approval for its Santa Fe Mine POO?

Lahontan Gold Corp anticipates receiving final approval for its Santa Fe Mine Exploration Plan of Operations (POO) by Q3 2025.

What studies are included in Lahontan Gold's (LGCXF) Santa Fe Mine POO submission?

The POO submission includes baseline studies covering biology, bats, wildlife, vegetation, protected species, cultural, visual, surface hydrology, environmental justice, and socio-economic values.

When will Lahontan Gold (LGCXF) submit its Mining Plan of Operation for Santa Fe?

Lahontan Gold Corp plans to submit a draft Mining Plan of Operation to the BLM early in 2025.

LAHONTAN GOLD CORP

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