Lahontan Submits Notice of Intent for Additional Drilling at Santa Fe
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) has submitted an amended Notice of Intent (NOI) to the Bureau of Land Management for additional drilling at its Santa Fe Mine project in Nevada's Walker Lane gold belt. The amended NOI proposes eight additional drill sites that will allow for multiple drill holes, providing more flexibility for the upcoming 2025 exploration and resource definition drilling program. The company expects prompt approval and plans to focus on the Slab and York resource areas for geologic data collection and metallurgical testing.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) ha presentato un Avviso di Intenti (NOI) modificato al Bureau of Land Management per ulteriori perforazioni presso il suo progetto Santa Fe Mine nella Walker Lane gold belt del Nevada. Il NOI modificato propone otto nuovi siti di perforazione che consentiranno più fori di sondaggio, offrendo maggiore flessibilità per il programma di esplorazione e definizione delle risorse previsto per il 2025. La società prevede un'approvazione rapida e intende concentrarsi sulle aree di risorse Slab e York per la raccolta di dati geologici e test metallurgici.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) ha presentado una Notificación de Intención (NOI) enmendada al Bureau of Land Management para realizar perforaciones adicionales en su proyecto Santa Fe Mine ubicado en el cinturón aurífero Walker Lane de Nevada. La NOI enmendada propone ocho sitios de perforación adicionales que permitirán múltiples perforaciones, brindando mayor flexibilidad para el programa de exploración y definición de recursos previsto para 2025. La compañía espera una aprobación rápida y planea enfocarse en las áreas de recursos Slab y York para la recolección de datos geológicos y pruebas metalúrgicas.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF)는 네바다 주 워커 레인 금 벨트에 위치한 Santa Fe 광산 프로젝트에서 추가 시추를 위해 토지관리국(Bureau of Land Management)에 수정된 의향서(NOI)를 제출했습니다. 수정된 NOI는 8개의 추가 시추 위치를 제안하여 다수의 시추공을 허용하며, 2025년 탐사 및 자원 정의 시추 프로그램에 더 큰 유연성을 제공합니다. 회사는 신속한 승인을 기대하며, 지질 데이터 수집과 야금학적 테스트를 위해 Slab 및 York 자원 지역에 집중할 계획입니다.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) a soumis un Avis d'Intention (NOI) modifié au Bureau of Land Management pour des forages supplémentaires sur son projet Santa Fe Mine situé dans la ceinture aurifère de Walker Lane au Nevada. Le NOI modifié propose huit sites de forage supplémentaires permettant plusieurs trous de forage, offrant ainsi plus de flexibilité pour le programme d'exploration et de définition des ressources prévu en 2025. La société prévoit une approbation rapide et compte se concentrer sur les zones de ressources Slab et York pour la collecte de données géologiques et les tests métallurgiques.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) hat eine geänderte Absichtserklärung (NOI) bei der Bureau of Land Management für zusätzliche Bohrungen bei seinem Santa Fe Mine Projekt im Walker Lane Goldgürtel von Nevada eingereicht. Die geänderte NOI schlägt acht zusätzliche Bohrstandorte vor, die mehrere Bohrlöcher ermöglichen und somit mehr Flexibilität für das bevorstehende Explorations- und Ressourcendefinitionsbohrprogramm 2025 bieten. Das Unternehmen erwartet eine zügige Genehmigung und plant, sich auf die Ressourcenbereiche Slab und York zur geologischen Datenerfassung und metallurgischen Tests zu konzentrieren.
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TORONTO, ON / ACCESS Newswire / May 6, 2025 / Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF) (the "Company" or "Lahontan") is pleased to announce that it has submitted an amended Notice of Intent ("NOI") to the Federal Bureau of Land Management ("BLM") for additional exploration and resource definition drilling at its Santa Fe Mine project located in Nevada's prolific Walker Lane gold belt. The NOI proposes eight additional drill sites from which multiple drill holes can be completed. The amended NOI provides planning flexibility for the upcoming drill program, adding additional sites to those already permitted. The Company expects approval of the NOI shortly.
Ms. Kimberly Ann, Lahontan Gold Executive Chair, President, CEO, and Founder commented: "Lahontan is eager to begin its 2025 exploration and resource definition drilling program at Santa Fe. Our geologic team has identified several areas in the Slab and York resource areas where carefully targeted drilling can add geologic data and also provide material for additional metallurgical test work. The Company expects to mobilize a drill rig soon after we receive approval of the NOI from the BLM".
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 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.sedar.com
SOURCE: Lahontan Gold Corp.
View the original press release on ACCESS Newswire
FAQ
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