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Lahontan Gold Corp (LGCXF) is a Canadian mine development and mineral exploration company with a focus on gold and silver projects in Nevada's Walker Lane. The company's flagship property, the Santa Fe Mine, has a rich history of production and holds significant mineral resources. Lahontan is engaged in updating technical reports, conducting drilling programs, and planning for future mine development, supported by a team of top mining consultancies.
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Lahontan Gold Corp (LGCXF) had a significant year in 2023 with key milestones achieved. The release of the maiden Mineral Resource Estimate for its flagship Santa Fe Mine project showed promising results. The Company raised over $5.1M through two equity financings to fund exploration and mine development. Excellent drilling results in the Slab-Calvada area highlighted the potential for expansion. Lahontan also initiated environmental studies and acquired the West Santa Fe project, expanding its mineral rights. Plans for 2024 include completing a Preliminary Economic Assessment for Santa Fe and submitting a Plan of Operations to the Federal Bureau of Land Management.
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Lahontan Gold Corp announces positive results of a review of metallurgical data for its flagship Santa Fe Mine project. The review, completed by Kappes, Cassiday and Associates, revealed high gold and silver recovery estimates from oxide mineralization, indicating economic potential for restarting mining operations.
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Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) has announced the results from rock-chip sampling in the Slab pit area of its 26.4 km2 flagship Santa Fe Mine project. The samples contain up to 5.52 g/t gold and 45.1 gpt silver. The mapping and sampling identified an offset, westerly continuation of the important Calvada Fault, opening up over two kilometers of additional strike length for exploration and drilling.
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Lahontan Gold Corp has expanded its land holdings at its Santa Fe Mine project by staking 98 unpatented lode mining claims covering over 7.5 km2. The claims cover possible extensions to gold and silver resources, exploration targets, and areas suitable for mine infrastructure. The company is fully financed and plans to prepare its West Santa Fe project for drilling in 2024.
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Lahontan Gold Corp to participate in 121 Mining Investment Conference in New York City
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Lahontan Gold Corp provides update on environmental baseline studies for Santa Fe Mine Project in Nevada's Walker Lane gold belt.
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Lahontan Gold Corp announces positive drill results from Santa Fe Mine Project in Nevada's Walker Lane
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Lahontan Gold Corp announces an amending agreement with Golden Arrow Mining Corporation and Lahontan Gold (US) Corp. The agreement grants Lahontan the option to acquire the West Santa Fe gold-silver exploration project. To exercise the option, Lahontan must make option payments totaling US$1,845,000 over seven years and incur US$1,400,000 in expenditures on the property. Up to 50% of each option payment can be paid in common shares. The securities issued are subject to a four-month hold period.
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FAQ
What is the current stock price of LAHONTAN GOLD (LGCXF)?
The current stock price of LAHONTAN GOLD (LGCXF) is $0.0209 as of December 20, 2024.
What is the market cap of LAHONTAN GOLD (LGCXF)?
The market cap of LAHONTAN GOLD (LGCXF) is approximately 7.4M.
What is Lahontan Gold Corp?
Lahontan Gold Corp (LGCXF) is a Canadian mine development and mineral exploration company with a focus on gold and silver projects in Nevada's Walker Lane.
Where is Lahontan Gold Corp located?
Lahontan Gold Corp is based in Toronto, Canada, and operates through its US subsidiaries in Nevada.
What is Lahontan Gold Corp's flagship project?
The company's flagship project is the Santa Fe Mine, a gold and silver mine located in the Walker Lane of Nevada.
What are Lahontan Gold Corp's recent achievements?
Lahontan Gold Corp has engaged top mining consultancies for technical reports, initiated drilling programs, and planned for future mine development.
Who leads Lahontan Gold Corp?
Kimberly Ann serves as the Founder, CEO, President, and Director of Lahontan Gold Corp.
What is the focus of Lahontan Gold Corp's exploration activities?
Lahontan Gold Corp focuses on exploring gold and silver mineral resources in Nevada's Walker Lane.
How can I stay informed about Lahontan Gold Corp's latest news?
Visit the company's website or access news releases for updates on Lahontan Gold Corp's activities and developments.
What are Lahontan Gold Corp's future plans?
The company aims to complete a Preliminary Economic Assessment (PEA) for the Santa Fe Mine and evaluate development scenarios for bringing the mine back into production.
What sets Lahontan Gold Corp apart from other mining companies?
Lahontan Gold Corp's focus on top-tier gold and silver projects in Nevada, along with its engagement with leading mining consultancies, distinguishes it in the mining industry.
How can I contact Lahontan Gold Corp?
For further information, you can contact Lahontan Gold Corp through the provided phone number or email address, or visit the company's official website.
LAHONTAN GOLD CORP
OTC:LGCXF
LGCXF Rankings
LGCXF Stock Data
7.40M
151.02M
26.81%
8.3%
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United States of America
Toronto