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. (TSXV:LG)(OTCQB:LGCXF) has appointed Brian J. Maher as Vice President - Exploration, enhancing his role as a founder with over 45 years of experience in mining and exploration. This position aims to advance the Santa Fe Mine project, which holds an Indicated Mineral Resource of 1,112,000 ounces of gold equivalent. The company plans to build resources at Santa Fe leading to a Preliminary Economic Assessment while exploring other properties. Maher’s previous success includes guiding Prodigy Gold Inc. to a $341 million acquisition. Lahontan remains committed to aggressive exploration in 2023.
Lahontan Gold Corp. (TSXV:LG, OTCQB:LGCXF) has filed an independent Technical Report and Mineral Resource Estimate for its Santa Fe Mine project, effective December 7, 2022. The report confirms the mineral resource estimates shared in January 2023, showing no significant discrepancies. With an Indicated Mineral Resource of 1,112,000 oz Au Eq and Inferred Mineral Resource of 544,000 oz Au Eq, Lahontan aims to expand these resources and expedite project economics for a potential quick return to production. The report is accessible on SEDAR and the company's website.
Lahontan Gold Corp. (OTCQB:LGCXF) has initiated metallurgical testing at its Santa Fe Mine in Nevada, aiming to verify historic gold and silver recoveries from oxide mineralization. The first phase will involve bottle-roll tests on drill cuttings, aiming for efficiencies similar to the past recoveries of up to 88.9% for gold and 55% for silver. The Santa Fe Mine has an indicated resource of 1,112,000 oz Au Eq and has produced 345,000 ounces of gold and 711,000 ounces of silver previously. Lahontan plans to explore the property further in 2023, focusing on potential mining operations.
Lahontan Gold Corp. has announced its maiden Mineral Resource Estimate (MRE) for the Santa Fe Mine in Mineral County, Nevada. The MRE includes 1,112,000 ounces of Indicated Mineral Resources and 544,000 ounces of Inferred Mineral Resources, with average grades of 1.14 g/t Au Eq and 1.00 g/t Au Eq respectively. The mine has a history of past production and presents opportunities for low-cost, rapid mining operations. The company plans to leverage historical data for economic evaluations and additional drilling to enhance resource potential. A technical report will be filed to support the MRE.
Lahontan Gold Corp. announced drill results from five reverse-circulation holes at its Santa Fe Project in Nevada, totaling 1,111 metres. Highlights include:
- Drill hole CAL22-016R: 32.0 metres grading 0.59 gpt Au and 4.4 gpt Ag, indicating a resource expansion opportunity.
- Drill hole CAL22-015R: 62.5 metres grading 0.33 gpt Au and 2.6 gpt Ag, extending shallow mineralization from the southeast of the Slab pit.
The CEO noted the importance of these results for future drilling targets and the upcoming maiden mineral resource estimate expected in Q1 2023.
Lahontan Gold Corp. (OTCQB: LGCXF) has announced promising results from a recent drilling campaign at the Slab pit area of its Santa Fe Project in Nevada, totaling 883 meters across four drill holes. The highlight includes 32.0 meters grading 0.50 gpt Au and 7.9 gpt Ag, confirming a significant extension of oxidized gold and silver mineralization. The findings indicate potential for additional resources and will inform a maiden resource estimate expected in Q1 2023. The company's aggressive drilling program aims to uncover significant gold and silver resources, building on past production achievements.
Lahontan Gold Corp. (OTCQB:LGCXF) announced promising results from the first seven drill holes of its Phase Two drilling campaign at the Santa Fe Project in Nevada. The drilling targeted the Slab-Calvada pit area, totaling 1,710 metres. Key results include drill hole CAL22-006R showing 25.9 metres grading 2.55 gpt Au and 3.4 gpt Ag, while CAL22-002R revealed 47.2 metres grading 0.78 gpt Au and 1.3 gpt Ag. The results indicate a significant potential for gold mineralization, supporting future resource estimates.
Lahontan Gold Corp. (OTCQB:LGCXF) reported promising results from ten reverse-circulation drill holes at its Santa Fe Project in Nevada. The highlights include hole SF21-015R, which intercepted 138.6m grading 1.01 gpt Au and 3.4 gpt Ag, and hole SF21-016R with 102.1m grading 0.69 gpt Au and 1.7 gpt Ag. Overall, the 2021 drilling campaign totaled 9,410 metres, discovering new high-grade zones and expanding mineralization. A maiden resource estimate is expected in 2022.
Lahontan Gold Corp has resumed exploration drilling at its Santa Fe Project in Nevada, totaling approximately 3,700 metres across 18 reverse-circulation drill holes. This Phase Two campaign aims to expand oxide gold and silver mineralization near the Slab pit and Calvada fault areas, enhancing prospects for a maiden mineral resource estimate later this year. The company's prior successful drilling in 2021 and past production of 375,000 ounces of gold and 710,000 ounces of silver underpin the potential of this project.
Lahontan Gold Corp. has announced its approval for trading on the OTCQB Venture Market under the symbol LGCXF as of July 25, 2022. This listing aims to enhance liquidity for U.S. shareholders and provides exemptions from certain state securities laws, promoting more extensive investment advisory activities. CEO Kimberly Ann noted that this move will broaden their reach among U.S. investors, aligning with their objectives for the Santa Fe Project, which has a history of significant gold and silver production. The company also anticipates publishing a compliant mineral resource estimate in 2022.
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