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. (OTCQB: LGCXF; TSXV: LG) is a Canadian mine development and mineral exploration company focused on gold and silver projects in Nevada’s Walker Lane. The Lahontan Gold news feed on Stock Titan brings together company‑issued updates and market coverage related to its exploration and development activities.
According to Lahontan’s news releases, the company’s flagship Santa Fe Mine project is a 28.3 km² past‑producing gold and silver mine that now hosts a Canadian NI 43‑101 compliant gold‑equivalent mineral resource. News items frequently cover drill programs at the Slab and York deposits within Santa Fe, including reverse‑circulation and core drilling aimed at expanding pit‑constrained oxide gold and silver resources and upgrading Inferred resources to the Indicated category.
Investors following LGCXF can find announcements about approvals from the U.S. Bureau of Land Management, such as the Exploration Plan of Operations at Santa Fe that authorizes drilling across a 12.2 km² area with more than 700 permitted drill holes. Additional coverage includes the maiden drill campaign at the West Santa Fe project, where Lahontan is twinning historic holes to validate a substantial historic drill database.
The news stream also features financing updates, including private placements of units to fund exploration at Santa Fe and West Santa Fe, as well as corporate developments like stock option grants and investor relations agreements. For those tracking junior precious metals explorers, this page offers a centralized view of Lahontan Gold Corp.’s drilling results, permitting milestones, capital raises and other disclosures that the company distributes through its press releases.
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.
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) has announced significant changes to its Board of Directors, effective May 1, 2025. The company will appoint three new directors: Shane Williams, Evan Pelletier, and Max Pluss, while Chris Donaldson and Bob McKnight will step down. Josh Serfass and Kimberly Ann will remain on the Board.
The new appointments bring substantial expertise in mine engineering, finance, and capital markets. Shane Williams, current CEO of West Red Lake Gold Mines, brings extensive experience in mine development and operations. Evan Pelletier contributes over 30 years of underground mining expertise and was part of Kirkland Lake Gold's growth from $400M to $13B. Max Pluss adds investment expertise through his role as Founder of Rhea Capital Management.
This board restructuring aligns with Lahontan's transition from exploration to mine development, particularly focusing on the Santa Fe Mine Project's development and permitting pathway.
Lahontan Gold Corp (TSXV: LG) (OTCQB: LGCXF) is advancing its operations in Nevada's prolific mining region with a strategic focus on developing a proven gold asset. The company's dual-pronged approach aims to achieve near-term production while simultaneously expanding its gold resource base. Operating in Nevada's stable jurisdiction, Lahontan's strategy is designed to generate cash flow through expedited development of its gold asset.