Lahontan Gold Advances Santa Fe Mine Towards Production

Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) has announced significant progress at its Santa Fe Mine project in Nevada, a key gold and silver asset with past production history. The company completed a 2,569-meter geotechnical drill campaign to support mine permitting and waste rock characterization, moving the project closer to construction. An updated mineral resource estimate is expected in the coming weeks, and plans are in place for up to 7,000 meters of exploration drilling across multiple targets. Lahontan is fully funded into 2027 following a Cdn$13.6 million private placement and ongoing warrant exercises, and remains on track to complete permitting in 2027. The Santa Fe Mine project, which historically produced 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995, boasts a NI 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq and an Inferred Resource of 411,000 oz Au Eq. The company also plans to update the Santa Fe Preliminary Economic Assessment and drill test its satellite West Santa Fe project during 2025. For more details, the full press release is available at https://nnw.fm/Ksm15. This update underscores Lahontan's commitment to advancing the Santa Fe Mine towards production, leveraging its strong financial position and technical expertise.

Lahontan Gold Corp. is a Canadian mine development and mineral exploration company with four top-tier properties in Nevada's Walker Lane. The flagship Santa Fe Mine project, spanning 26.4 km², is the focus of current activities. The company is utilizing NetworkNewsWire (NNW), part of the Dynamic Brand Portfolio @ IBN, to disseminate news and enhance investor outreach. NNW provides a range of services including press release distribution, editorial syndication, and social media distribution. Lahontan's technical content has been reviewed and approved by Michael Lindholm, CPG, an Independent Consulting Geologist and Qualified Person under NI 43-101. The company's website is www.lahontangoldcorp.com, and the latest updates are available in the company's newsroom at http://nnw.fm/LGCXF. With a fully funded status and a clear roadmap, Lahontan is positioned to advance the Santa Fe Mine project through permitting and towards construction.