Curated News
By: NewsRamp Editorial Staff
January 26, 2026
Lahontan Gold Advances Nevada Santa Fe Mine with Key Drilling for 2027 Goal
TLDR
- Lahontan Gold Corp. advances its Santa Fe Mine Project with new drilling, positioning the company to potentially resume gold and silver production by 2027 for competitive market advantage.
- Lahontan Gold Corp. uses a Super 90 track-mounted core drill to collect waste rock and groundwater data, supporting state-level permitting for open pit mining and heap leach processing.
- Lahontan Gold Corp.'s responsible mining development in Nevada aims to create economic opportunities while adhering to environmental permitting, contributing to sustainable resource extraction for future generations.
- Lahontan Gold Corp. is drilling at its historic Santa Fe Mine, which previously produced over 359,000 ounces of gold, to gather data for renewed mining operations by 2027.
Impact - Why it Matters
This development is crucial for investors and the mining sector as it signals tangible progress in reviving a historically productive gold-silver asset. The Santa Fe Mine's substantial resource base in mining-friendly Nevada represents a significant potential source of future gold and silver supply. Successful permitting and a return to production by 2027 could enhance Lahontan Gold's valuation, create jobs, and contribute to local and national mineral production. For the commodities market, it highlights ongoing exploration and development activity in a key jurisdiction, which is essential for maintaining global metal supplies. The project's use of heap leach processing, a common and often cost-effective method, also underscores continuing industry focus on operational efficiency.
Summary
Lahontan Gold Corp. (TSX.V: LG, OTCQB: LGCXF), a Canadian mine development company, has taken a significant step toward reviving its flagship Santa Fe Mine Project in Nevada's prolific Walker Lane mining district. The company has mobilized a Super 90 track-mounted core drill rig to the site as part of its ongoing mine development and state-level permitting efforts. This core drilling program is strategically focused on two critical objectives: collecting samples for waste rock geochemical characterization and further defining groundwater distribution in areas proposed for open pit mining. Both activities are essential components of the environmental and operational planning required for permitting. The data generated from this program is expected to directly support Lahontan's plans to resume open pit mining and heap leach processing at Santa Fe, with the ambitious goal of breaking ground at the project in 2027, keeping the development on schedule.
The Santa Fe Mine Project is a substantial asset, covering 26.4 square kilometers with a rich history of past production yielding 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995. According to a compliant technical report, the project boasts significant mineral resources, including an Indicated Mineral Resource of 1,539,000 gold equivalent ounces and an Inferred Mineral Resource of 411,000 gold equivalent ounces, all pit-constrained. The company's broader strategy for 2025 includes advancing the Santa Fe Mine toward production, updating its Preliminary Economic Assessment, and conducting drill tests at its satellite West Santa Fe project. The technical content of this news has been reviewed and approved by Qualified Person Michael Lindholm, CPG, an Independent Consulting Geologist to Lahontan Gold Corp.
This news release was disseminated on behalf of Lahontan Gold Corp. and includes paid advertising. It was distributed through the specialized mining communications platform Rocks & Stocks, which is part of the Dynamic Brand Portfolio within the Investor Brand Network (IBN). For more information, investors can visit the company's website at www.lahontangoldcorp.com or access the latest news and updates relating to LGCXF in the company's newsroom. To view the full press release, visit the provided link. Rocks & Stocks, powered by IBN, provides a suite of corporate communications solutions, including access to wire services, article syndication, press release enhancement, and social media distribution, aiming to deliver deep insights into the mining industry and enhance brand awareness for its clients.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold Advances Nevada Santa Fe Mine with Key Drilling for 2027 Goal
