Welcome to our dedicated page for Lahontan Gold news (Ticker: LGCXF), a resource for investors and traders seeking the latest updates and insights on Lahontan Gold stock.
Lahontan Gold Corp. reports developments tied to its Nevada gold-silver exploration and mine-development portfolio. Company updates center on the Santa Fe Mine Project and the nearby West Santa Fe project in the Walker Lane, including reverse-circulation and sonic drilling, assay results, oxide mineralization, heap-leach pad evaluation, metallurgical recovery testing, permitting activity, and mineral-resource work.
Recurring news also covers capital-structure actions such as warrant acceleration, board composition changes, and technical disclosures prepared under Canadian mining standards. The company’s releases focus on advancing past-producing open-pit, heap-leach gold and silver assets and documenting exploration, processing, and project-development progress.
Lahontan Gold (OTCQB:LGCXF) reported first assays from its 2025 maiden RC program at West Santa Fe (Feb 5, 2026). Key result: 54.9m @ 1.00 g/t AuEq from 24.4–79.3m, including 16.8m @ 1.75 g/t AuEq. The intercept is shallow (starts ~19m) and oxide-hosted; additional assays are pending.
Historic drilling (171 holes, >13,000m) and legacy metallurgical tests indicate potential heap leach/CIP recoveries, but the company notes those results are historical and require verification.
Lahontan Gold (OTCQB:LGCXF) retained RESPEC and Kappes, Cassiday & Associates to update the Santa Fe Mine Project Technical Report with a new Mineral Resource Estimate (MRE) and a revised Preliminary Economic Assessment (PEA).
The MRE will incorporate all drilling since October 2024, new metallurgical data, updated mining costs and revised metal prices to design conceptual pit shells. The MRE is expected in the coming months and the PEA is targeted for Q2 2026.
Lahontan Gold (OTCQB:LGCXF, TSXV:LG) reported assays from two 2025 RC holes at the south Slab pit, Santa Fe Mine, Nevada. Key intercepts: CAL25-011R 68.6m @ 0.45 g/t AuEq (incl. 16.8m @ 0.81 g/t AuEq) and whole-hole 213.4m avg 0.23 g/t AuEq (0.21 g/t Au, 1.4 g/t Ag); CAL25-012R 41.2m @ 0.32 g/t AuEq. Results extend shallow oxide gold and structurally controlled mineralization beyond the current MRE pit shell and may expand the Slab MRE. Company plans to update the MRE and complete an updated PEA in coming months and to use revised pit shells in Nevada permitting.
Lahontan Gold (OTCQB:LGCXF) has mobilized a Super 90 track-mounted core drill rig to its Santa Fe Mine Project in Nevada's Walker Lane to support the company's mine development and State-level permitting.
The drilling program will collect core for waste rock geochemical characterization and gather data to define groundwater distribution near the proposed open pit. Lahontan says the work, begun early in 2026, is intended to produce hydrologic and geochemical data to support permitting with the goal of breaking ground at Santa Fe in 2027.
Lahontan Gold (OTCQB:LGCXF) released first results from its 2025 Phase Two RC drill program at the Santa Fe Mine, Nevada. Six holes (994m) returned notable intercepts including York: 114.3m @ 0.33 g/t AuEq (YOR25-004R) with an 18.3m @ 0.90 g/t AuEq higher-grade zone, and Slab: 22.9m @ 0.42 g/t AuEq near surface (CAL25-009R). Additional Slab hole CAL25-010R returned 29.0m @ 0.26 g/t AuEq below the current pit shell. True thicknesses are estimated at 80–100%. An updated Mineral Resource Estimate for Santa Fe is expected later in 2026 and further drill results are pending.
Lahontan Gold (OTCQB:LGCXF, TSXV:LG) has begun maiden reverse-circulation drilling at its West Santa Fe project, 13 km from the Santa Fe Mine in Nevada's Walker Lane, using a Foremost MPD-1500 rig to twin historic holes and validate a 13,107 metre dataset of 171 holes from 1980–1995.
The company also completed its 2025 Phase Two program at the Santa Fe Mine with 20 RC holes (up to 194 m) and reports a Santa Fe drilling total of 99 holes / 22,431 metres since 2021. Lahontan plans an updated MRE in early 2026 and to incorporate that estimate into a Preliminary Economic Assessment in H1 2026.
Lahontan Gold Corp (OTCQB:LGCXF) received BLM approval for a maiden drill program at the West Santa Fe project, located ~13 km from its Santa Fe Mine project in Nevada's Walker Lane.
The BLM approved a Notice of Intent for drill sites on unpatented lode claims on federal land. Drilling will target validation of historic holes and test significant eastward strike and down-dip extensions of a shallow, oxidized gold–silver system. A rig currently active at Santa Fe will move to West Santa Fe when that program finishes, and the company expects drilling to commence in December 2025.
The company also granted 9,000,000 options exercisable at $0.15 per share for five years to directors, officers and consultants, with a four-month hold period on underlying shares.
Lahontan Gold Corp (OTCQB:LGCXF) closed an upsized non-brokered private placement on November 25, 2025, issuing 16,665,868 Units at $0.15 per Unit for gross proceeds of $2,499,880.20. Each Unit includes one common share and one-half warrant (one full Warrant per two Units) exercisable at $0.25 for two years, with a potential acceleration if the share price trades at CAD$0.35 for 10 consecutive trading days after four months and one day.
Proceeds will fund general working capital and exploration at the Santa Fe Mine and West Santa Fe projects; issued securities are subject to a four months plus one day hold. Finder fees totaled $28,910.39 and 192,735 broker warrants. An insider purchased 300,000 Units, constituting a related party transaction under TSXV/MI 61-101.
Lahontan Gold Corp (OTCQB:LGCXF) announced on November 13, 2025 that the Bureau of Land Management published a Decision Record and FONSI approving the company's Exploration Plan of Operations (EPOO) for the Santa Fe Mine project, concluding the NEPA Environmental Assessment process.
The approved EPOO authorizes exploration across a 12.2 km² area and permits over 700 drill holes, enabling step-out exploration beyond currently defined gold and silver resources and follow-up of historic intercepts at priority targets such as Pinnacles and Guzzler.
Lahontan Gold Corp (OTCQB:LGCXF) has mobilized a track-mounted MPD-1500 reverse-circulation drill rig to its Flagship Santa Fe Mine in Nevada's Walker Lane.
The program targets up to 25 holes (4,000 metres) focused on shallow oxide gold and silver at the Slab and York areas to upgrade resources from Inferred to Indicated and expand overall mineral resources. Work supports a 2026 pivot to mine planning and permitting and will be combined with ongoing metallurgical testing.