Curated News
By: NewsRamp Editorial Staff
October 15, 2025
Lahontan Gold Advances West Santa Fe Exploration with BLM Submission
TLDR
- Lahontan Gold's West Santa Fe drilling program offers potential to expand gold and silver resources, creating shareholder value through mineral resource growth.
- Lahontan Gold submitted a Notice of Operations to twin historic holes, drill down-dip, and test mineralization along strike at West Santa Fe Project.
- Lahontan Gold's exploration advances responsible mining development in Nevada, potentially creating local jobs and economic opportunities through mineral resource expansion.
- Lahontan Gold plans to validate 171 historic drill holes outlining shallow gold and silver mineralization near the historic Mindora underground mine.
Impact - Why it Matters
This development matters because successful exploration at West Santa Fe could significantly expand Lahontan's mineral resources in Nevada's prolific Walker Lane trend, potentially creating substantial shareholder value. For the mining industry and investors, new gold discoveries in established mining districts like Nevada represent lower-risk opportunities compared to greenfield exploration. Given current economic uncertainties and inflationary pressures, gold mining companies with advancing projects provide exposure to precious metals as potential inflation hedges. The timing is particularly relevant as global gold demand continues to strengthen amid geopolitical tensions and central bank diversification strategies. Successful results from this drilling program could accelerate Lahontan's path toward production, contributing to North American gold supply and creating economic opportunities in Nevada's mining sector.
Summary
Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF), a Canadian mine development company, has taken a significant step forward in its Nevada operations by submitting a Notice of Operations to the U.S. Bureau of Land Management for its planned exploration drilling program at the West Santa Fe Project. Located just 13 kilometers southwest of the company's flagship Santa Fe Mine Project, this initiative represents Lahontan's first drilling campaign at West Santa Fe. The comprehensive notice covers multiple drill sites, access roads, and drilling sumps as the company prepares to twin historic holes, drill down-dip, and test mineralization along strike. Historical work totaling 171 drill holes over 13,000 meters has already outlined shallow, oxidized gold and silver mineralization near the historic Mindora underground mine, providing a solid foundation for Lahontan's upcoming exploration efforts.
Kimberly Ann, Lahontan's Founder, Chair, CEO, and President, emphasized the strategic importance of this development, stating that once approved, the company will validate the extensive historic drill hole database and expand the footprint of disseminated gold and silver mineralization at West Santa Fe. This announcement comes as part of Lahontan's broader strategy to advance its portfolio of four top-tier gold and silver exploration properties in Nevada's Walker Lane region. The company's flagship Santa Fe Mine project boasts impressive credentials, including past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995, along with a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq and an Inferred Mineral Resource of 411,000 oz Au Eq. The technical content has been reviewed and approved by Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., ensuring compliance with industry standards.
This news release was distributed through the InvestorBrandNetwork's Dynamic Brand Portfolio, specifically via InvestorWire, which provides advanced wire-grade press release syndication services. The platform offers comprehensive distribution capabilities including article and editorial syndication to over 5,000 outlets, enhanced press release enhancement for maximum impact, social media distribution to millions of followers, and tailored corporate communications solutions. For investors seeking the latest updates on Lahontan Gold, the company maintains an active newsroom at http://ibn.fm/LGCXF, while additional corporate information is available through their official website at www.lahontangoldcorp.com. The full technical details and preliminary economic assessment for the Santa Fe Project are documented in the NI 43-101 Technical Report dated January 24, 2025, which outlines the mineral resource estimates using specific cut-off grades and metal price assumptions.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold Advances West Santa Fe Exploration with BLM Submission
