Lahontan Begins Metallurgical Test Work at Santa Fe
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.
Lahontan Gold Corp (OTCQB:LGCXF) ha avviato test metallurgici sulla mineralizzazione d'oro e argento proveniente dal dominio metallurgico di transizione nel suo deposito Santa Fe. L'obiettivo dell'azienda è migliorare significativamente il recupero dell'oro tramite lisciviazione CN per il materiale di transizione, attualmente al 49% secondo la loro recente Valutazione Economica Preliminare (PEA).
Il programma di test comprende prove di lisciviazione in colonna, con risultati attesi entro la fine del 2025. Inoltre, Lahontan sta esplorando metodi per definire meglio i confini tra i diversi domini metallurgici all'interno del deposito Santa Fe. Queste iniziative potrebbero migliorare l'economia del progetto ed espandere il profilo di produzione di oro e argento oltre le previsioni della PEA.
Lahontan Gold Corp (OTCQB:LGCXF) ha iniciado pruebas metalúrgicas sobre la mineralización de oro y plata del dominio metalúrgico de transición en su depósito Santa Fe. La compañía busca mejorar significativamente las recuperaciones de oro mediante lixiviación CN para el material de transición, que actualmente tiene una tasa de recuperación del 49% según su reciente Evaluación Económica Preliminar (PEA).
El programa de pruebas incluye ensayos de lixiviación en columna, cuyos resultados se esperan para finales de 2025. Además, Lahontan está explorando métodos para definir mejor los límites entre los diferentes dominios metalúrgicos dentro del depósito Santa Fe. Estas iniciativas podrían mejorar la economía del proyecto y ampliar el perfil de producción de oro y plata más allá de las proyecciones de la PEA.
Lahontan Gold Corp (OTCQB:LGCXF)는 산타페 광산의 전이 금속학 영역에서 금과 은 광물에 대한 야금학적 시험 작업을 시작했습니다. 회사는 최근 예비 경제 평가(PEA)에서 사용된 49%의 회수율을 크게 개선하여 전이 물질에 대한 CN 침출 금 회수율을 향상시키는 것을 목표로 하고 있습니다.
시험 프로그램에는 기둥 침출 시험이 포함되어 있으며, 결과는 2025년 말에 나올 예정입니다. 또한 Lahontan은 산타페 광산 내 다양한 야금학 영역 간 경계를 더 잘 정의하는 방법을 모색하고 있습니다. 이러한 노력은 프로젝트 경제성을 향상시키고 PEA 예측을 넘어 금과 은 생산 프로필을 확장할 수 있습니다.
Lahontan Gold Corp (OTCQB:LGCXF) a lancé des essais métallurgiques sur la minéralisation en or et argent provenant du domaine métallurgique de transition de son gisement Santa Fe. L'entreprise vise à améliorer significativement les taux de récupération de l'or par lixiviation CN pour le matériau de transition, actuellement à 49 % selon leur récente étude économique préliminaire (PEA).
Le programme d'essais comprend des tests de lixiviation en colonne, dont les résultats sont attendus pour fin 2025. De plus, Lahontan explore des méthodes pour mieux définir les limites entre les différents domaines métallurgiques du gisement Santa Fe. Ces initiatives pourraient améliorer la rentabilité du projet et étendre le profil de production d'or et d'argent au-delà des projections de la PEA.
Lahontan Gold Corp (OTCQB:LGCXF) hat metallurgische Tests an Gold- und Silbermineralisierung aus der Übergangsmetallurgiedomäne seiner Santa Fe-Lagerstätte eingeleitet. Das Unternehmen strebt an, die CN-Laugungs-Goldrückgewinnung für Übergangsmaterialien deutlich zu verbessern, da die derzeitige Rückgewinnungsrate in ihrer jüngsten vorläufigen Wirtschaftlichkeitsbewertung (PEA) bei 49 % liegt.
Das Testprogramm umfasst Säulenlaugungstests, deren Ergebnisse für Ende 2025 erwartet werden. Darüber hinaus untersucht Lahontan Methoden, um die Grenzen zwischen verschiedenen metallurgischen Domänen innerhalb der Santa Fe-Lagerstätte besser zu definieren. Diese Initiativen könnten die Wirtschaftlichkeit des Projekts verbessern und das Produktionsprofil von Gold und Silber über die PEA-Prognosen hinaus erweitern.
- Potential to improve gold recovery rates from current 49% in transition material
- Initiative could enhance overall project economics and production profile
- Results expected within the year (2025)
- Current low gold recovery rate of 49% in transition material
- Testing results and potential improvements are not guaranteed
TORONTO, ON / ACCESS Newswire / June 24, 2025 / Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF)(FSE:Y2F) (the "Company" or "Lahontan") is pleased to announce that the Company has commenced metallurgical test work on gold and silver mineralization from the transition metallurgical domain (mixed minor sulfide and oxide mineralization) in the Santa Fe deposit. Lahontan is focusing on dramatically improving CN leach gold recoveries for transition material from the
Kimberly Ann, Lahontan Gold Corp CEO, Executive Chair, and Founder commented: "We are excited to begin this new program of metallurgical testing on the Santa Fe deposit. A significant portion of the minable gold ounces at Santa Fe lie in the transition metallurgical domain, therefore improved gold and silver recoveries will have an immediate and important impact on project economics. New heap leaching methods, including reagents, have shown dramatic increases in recoveries from transition material; we intend to find out if these new processing methods can work at Santa Fe. In addition, once assay results are received from the recent drilling at Slab, we will begin additional test work on the bulk rejects, looking for ways to optimize gold and silver recoveries at Slab as well".
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 702,067 ounces 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(48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag, together grading 0.99 g/t Au Eq) and an Inferred Mineral Resource of 411,000 oz Au Eq (16,760,000 grading 0.74 g/t Au and 3.25 g/t Ag, together grading 0.76 g/t Au Eq), all pit constrained (Au Eq is inclusive of recovery, please see Santa Fe Project Technical Report and note below*). 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. The technical content of this news release and the Company's technical disclosure has been reviewed and approved by Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., who is a Qualified Person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. Mr. Lindholm was not an author for the Technical Report* and does not take responsibility for the resource calculation but can confirm that the grade and ounces in this press release are the same as those given in the Technical Report. 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+. Mineral resources are reported using a cut-off grade of 0.15 g/t AuEq for oxide resources and 0.60 g/t AuEq for non-oxide resources. AuEq for the purpose of cut-off grade and reporting the Mineral Resources is based on the following assumptions gold price of US
On behalf of the Board of Directors
Kimberly Ann
Founder, CEO, President, and Executive Chair
FOR FURTHER INFORMATION, PLEASE CONTACT:
Lahontan Gold Corp.
Kimberly Ann
Founder, Chief Executive Officer, President, and Executive Chair
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
FAQ
What is the current gold recovery rate at Lahontan Gold's Santa Fe deposit transition material?
When will LGCXF receive the metallurgical test results for Santa Fe deposit?
What is the purpose of Lahontan Gold's new metallurgical testing program?
How could the metallurgical testing impact LGCXF's Santa Fe project?
