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 Corp (OTCQB:LGCXF) reports cyanide extractable recoveries from 158 2025 RC pulp samples at West Santa Fe: gold averaged 81% and silver averaged 60%. Results corroborate prior metallurgical testing and support amenability to cyanide heap leach processing. Additional test work planned to optimize recovery and costs.
Historic 1982 column-leach guidance (70% Au, 50% Ag) is cited but not verified to modern standards.
Lahontan Gold (OTCQB: LGCXF; TSXV: LG) is advancing a past-producing, open-pit heap leach gold-silver project in Nevada's Walker Lane. The company reports nearly 2 million ounces gold equivalent outlined, with active drilling at West Santa Fe, ongoing permitting, and metallurgical work informing economic studies.
Management describes 2026 as a pivotal year as studies and permitting progress toward a potential restart and updated project economics.
Lahontan Gold (OTCQB:LGCXF) appointed Antony Rowe and Miranda Werstiuk as independent directors, while Josh Serfass and Max Pluss stepped down. The appointments add mining finance and capital-markets experience as Lahontan advances the Santa Fe Mine toward production; permitting is described as at an advanced stage.
The Santa Fe project holds an NI 43-101 Indicated Mineral Resource of 1,539,000 oz AuEq and Inferred of 411,000 oz AuEq; the company plans further project advancement, an updated PEA, and 2025 drilling of West Santa Fe.
Lahontan Gold Corp (OTCQB:LGCXF) mobilized a second, track-mounted MPD-1500 reverse-circulation drill rig to the Santa Fe Mine project in Nevada to complement ongoing diamond drilling.
The company can now drill over 700 new holes, aims to advance the project toward a targeted 2027 production restart, and cites an Indicated Mineral Resource of 1,539,000 oz AuEq plus an Inferred 411,000 oz AuEq.
Lahontan Gold Corp (OTCQB:LGCXF) reported final assays from its 2025 maiden RC program at West Santa Fe on Feb 24, 2026. Drill hole WSF25-04R returned 36.6 m @ 3.11 g/t AuEq including 10.7 m @ 5.75 g/t AuEq, oxide from surface. The zone shows a 500 x 350 m surface footprint, true thickness 35–60 m, and remains open down-dip, supporting low-cost open-pit heap-leach potential and planned spring follow-up drilling.
Lahontan Gold Corp (OTCQB:LGCXF) reported additional 2025 RC drill results at the West Santa Fe project, Nevada, including 48.8 m @ 0.83 g/t AuEq (incl. 10.7 m @ 1.83 g/t AuEq) and 45.7 m @ 0.64 g/t AuEq. Mineralization is oxide, near-surface, and now maps across a ~500 x 350 m surface expression and remains open to the north and west.
The company notes favorable comparison to historic drilling, estimated true thickness of 75–90% of drilled intervals, QA/QC protocols, and links these results to ongoing 2026 drilling and plans to advance the nearby Santa Fe mine project toward production.
Lahontan Gold (OTCQB:LGCXF) released additional assays from its 2025 maiden RC drilling at the West Santa Fe satellite project, Nevada. Highlight intercepts include 41.2 m @ 1.94 g/t Au Eq (15.2–56.4 m) including 9.1 m @ 4.14 g/t Au Eq. Additional RC results from the York area were also reported, including a 12.2 m sample of mine dump grading 0.27 g/t Au.
The West Santa Fe holes correlate with historic drilling, validate parts of the historic database, and show higher-grade cores controlled by fault structures; two York holes were lost in a fault zone. Further assays and planned spring drilling were announced.
Lahontan Gold (OTCQB: LGCXF) is advancing its Santa Fe project in Nevada toward a potential restart, supported by permitting progress and targeted drilling to add mineable ounces. The company is also evaluating silver potential at nearby West Santa Fe as exploration continues.
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.