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Lahontan Gold Hits High Grades in Historic Stockpile at Santa Fe

Lahontan Gold Corp. announces high-grade gold and silver results from Sonic drilling at Santa Fe Mine's historic stockpile, with over 30% cyanide-extractable gold, supporting a potential 2027 production restart.

This news matters because it demonstrates that Lahontan Gold's Santa Fe Mine project has the potential to unlock value from previously overlooked low-grade stockpiles, which could provide a low-cost, near-term source of gold and silver production. The high cyanide-extractable gold assays (>30%) suggest favorable economics for heap-leach reprocessing, potentially reducing the capital needed to restart production by 2027. For investors, this could mean a faster path to cash flow and lower risk compared to greenfield projects. Additionally, the confirmation of substantial resources in historic pads adds a new dimension to the project's value, making it a compelling opportunity in the gold mining sector.