Lahontan Gold Advances Nevada Strategy with Defined Resources and Positive PEA

Lahontan Gold Corp. is positioning its Santa Fe Mine project as a Nevada-based gold development opportunity, leveraging jurisdictional stability, defined resources, and a positive Preliminary Economic Assessment to target a production restart by 2027.

SA Metrowire Staff
Business
Lahontan Gold Advances Nevada Strategy with Defined Resources and Positive PEA

Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) is advancing its Nevada-focused gold strategy, emphasizing jurisdictional stability and a robust project pipeline as key differentiators in the current mining investment climate. The company’s flagship Santa Fe Mine project, a past-producing asset, hosts nearly 2 million ounces of gold-equivalent resources and has a Preliminary Economic Assessment (PEA) that outlines a US$200 million after-tax net present value (NPV) and a 34.2% internal rate of return (IRR), based on a gold price of US$2,705 per ounce. This conservative price assumption stands in stark contrast to mid-2026 prices exceeding US$4,100 per ounce, underscoring the project's potential upside in a higher price environment.

Lahontan has made significant operational strides, securing federal drilling approvals and deploying two drill rigs to expand exploration. The company is also advancing permitting efforts, positioning itself for a potential production restart as early as 2027. The Santa Fe project benefits from existing mining infrastructure, a skilled workforce, and a predictable regulatory environment in Nevada, which is widely regarded as one of the most mining-friendly jurisdictions globally. This combination of factors is increasingly important to investors who prioritize geopolitical and regulatory stability in their mining investments.

The company’s Nevada portfolio includes four gold and silver properties in the Walker Lane district, one of the world’s most productive mineral belts. Three of these properties are 100% owned, while the fourth is controlled via a low-cost option to acquire full ownership. Lahontan’s focus is on unlocking oxide gold and silver value from past-producing, infrastructure-rich projects, with a clear near-term path to production. The company’s strategic positioning is further supported by its listing on the TSX Venture Exchange and OTCQB, providing accessible trading for investors.

For more information on Lahontan Gold Corp. and its projects, visit the company’s website at LahontanGoldCorp.com. The latest news and updates regarding LGCXF are available in the company’s newsroom at http://ibn.fm/LGCXF.

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