Lahontan Gold Stock Price, News & Analysis

Lahontan Gold Corp (OTCQB:LGCXF) received Cdn $4,316,948 from the exercise of warrants and stock options between July 4 and October 23, 2025. Following those exercises and the share issuance tied to the York claim purchase at Santa Fe, the company has 334,420,221 common shares outstanding.

The company said the proceeds will fund exploration and mine development in Nevada's Walker Lane gold belt and general corporate purposes, and that the receipt of funds leaves the company fully financed for planned Fall 2025 drilling programs at Santa Fe and West Santa Fe.

Lahontan Gold (OTCQB:LGCXF) completed purchase of 27 unpatented York claims contiguous to the southeast corner of the Santa Fe Mine Project on October 23, 2025.

The company paid US$10,000, issued a US$50,000 promissory note (1% monthly interest, due six months) and issued 2,000,000 common shares to Emergent/GAMC. Lahontan granted a 1% NSR royalty on the York claims with buyback options: US$500,000 before year 3 or US$1,000,000 between years 3–7.

The York claims expand Lahontan's holdings to 415 unpatented lode claims, 67 unpatented millsite claims and 24 patented claims totaling 2,832 ha. Prior drilling (YOR25-001R) cut 89.9 m @ 0.23 g/t Au; additional fall drilling is planned.

Lahontan Gold (OTCQB:LGCXF, TSXV:LG) submitted a Notice of Operations to the Federal Bureau of Land Management on October 15, 2025 to permit an exploration drilling program at its West Santa Fe Project, 13 kilometres southwest of the company's flagship Santa Fe Mine Project.

The Notice requests approval for multiple drill sites, access roads and drilling-fluid sumps. The company plans multiple holes per site to twin, drill down-dip and explore along strike from known gold and silver mineralization. Historic drilling comprises 171 holes (~13,000 metres), and mapping/sampling indicate mineralization continues for over 1,000 metres east of the historic Mindora mine.

Lahontan Gold Corp (OTCQB:LGCXF) announced that its Exploration Plan of Operations (POO) for the Santa Fe Mine Project has entered National Environmental Policy Act (NEPA) review by the Bureau of Land Management (BLM). While the BLM has a 6-month review window, the process is expected to be expedited due to several factors:

The company has signed a Contributed Funds Agreement with BLM to provide funding for additional personnel and protect against potential government shutdown delays. Once approved, the POO will enable exploration drilling of over 700 holes at the Santa Fe Mine Project, aimed at expanding gold and silver resources.

Lahontan Gold Corp (OTCQB:LGCXF) has announced the acceleration of expiry for outstanding common share purchase warrants issued on April 30, 2025. This acceleration comes after the company's shares traded at a volume weighted average closing price of CDN$0.12 or above for ten consecutive trading days ending September 4, 2025.

The accelerated expiry date is set for October 21, 2025, at 5:00 p.m. (Toronto Time). If all warrants are exercised, Lahontan expects to receive proceeds of approximately $1.7 million, which will be used for working capital purposes.

Lahontan Gold Corp (OTCQB:LGCXF) has announced significant drilling results from its 2025 Phase One program at the Santa Fe Mine Project in Nevada. The company completed seven reverse-circulation rotary drill holes totaling 1,210 metres, revealing promising gold mineralization at two key areas.

At the York site, drill hole YOR25-001R intercepted 89.9 metres grading 0.23 g/t Au, while YOR25-002R revealed a higher-grade zone of 18.3 metres grading 0.73 g/t Au. At the Slab area, drilling identified new oxide gold mineralization, with hole CAL25-004R yielding 39.6 metres grading 0.30 g/t Au. All mineralization discovered is oxidized, suggesting potential for economic extraction.

The results confirm expansion potential for both the York and Slab gold resources, with the company planning additional drilling for Fall 2025.

Lahontan Gold Corp (OTCQB:LGCXF) has achieved a significant milestone as the Bureau of Land Management (BLM) has deemed their Exploration Plan of Operations (POO) for the Santa Fe Mine Project complete. The project will now proceed to environmental assessment under NEPA.

The completion determination validates over two years of environmental baseline studies, covering biological, cultural, and historical resources. The POO encompasses over 12 km² of exploration area and includes more than 700 drill sites. The company expects to receive final POO approval in Q4 2025, enabling a comprehensive drilling campaign in 2026.

Lahontan Gold Corp. (OTCQB:LGCXF) has signed a binding term sheet to acquire 27 unpatented lode mineral claims, known as the York Claims, from Emergent Metals Corp. The acquisition adds approximately 2.1 km² of strategic mineral rights to the Santa Fe Mine Project in Nevada, specifically adjacent to the York open pit.

The transaction terms include a US$10,000 initial payment, a US$50,000 promissory note with 1% monthly interest, 2,000,000 common shares of Lahontan, and a 1% NSR royalty that can be purchased back for US$500,000 within three years or US$1,000,000 between the third and seventh anniversary.

The strategic acquisition is expected to allow for significant expansion of the York pit and potential increase in mineral resources, as recent PEA modeling showed gold-silver mineral resources extending toward the newly acquired claims.

Lahontan Gold Corp (OTCQB:LGCXF) has initiated metallurgical test work on gold and silver mineralization from the transition metallurgical domain at its Santa Fe deposit. The company aims to significantly improve CN leach gold recoveries for transition material from the current 49% recovery rate used in their recent Preliminary Economic Assessment (PEA).

The testing program includes column leach tests, with results expected later in 2025. Additionally, Lahontan is exploring methods to better define boundaries between different metallurgical domains within the Santa Fe deposit. These initiatives could potentially enhance project economics and expand the gold and silver production profile beyond PEA projections.