Curated News
By: NewsRamp Editorial Staff
June 09, 2025
Lahontan Gold Expands Drilling at Santa Fe Mine with BLM Approval
TLDR
- Lahontan Gold Corp secures BLM approval to expand drilling at Santa Fe Mine, offering investors a strategic advantage in accessing untapped gold and silver resources.
- The approved amendment allows Lahontan Gold Corp to conduct new drill tests on federal claims, targeting extensions in the Slab and York zones for resource assessment.
- Expanding exploration at Santa Fe Mine could lead to sustainable mining practices, contributing to local economies and advancing responsible resource development in Nevada.
- Lahontan Gold Corp's drilling expansion at Santa Fe Mine unveils potential for significant gold and silver discoveries, marking an exciting phase in mineral exploration.
Impact - Why it Matters
This news is significant for investors and the mining industry as it highlights Lahontan Gold Corp.'s progress in expanding its exploration efforts at the Santa Fe Mine, a project with a proven track record of gold and silver production. The approval from the U.S. Bureau of Land Management not only facilitates the exploration of additional resources but also underscores the potential for increased mineral extraction, contributing to the company's growth and the broader mining sector's development. For stakeholders, this represents an opportunity to be part of a promising venture in one of the world's most mining-friendly jurisdictions.
Summary
Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) has secured approval from the U.S. Bureau of Land Management to expand its drilling operations at the Santa Fe Mine project in Nevada, a significant step towards unlocking further gold and silver resources in the Slab and York zones. This development allows the company to explore unpatented federal claims, with Phase One drilling already in progress and assay results anticipated soon. The Santa Fe Mine, Lahontan's flagship project, boasts a rich history of gold and silver production and holds substantial mineral resources, positioning the company as a key player in Nevada's mining sector. For more details, the full press release can be accessed here.
Lahontan Gold Corp. is focused on advancing its Santa Fe Mine project towards production, with plans to update its Preliminary Economic Assessment and explore the West Santa Fe project in 2025. The company's efforts are supported by a robust technical team, ensuring the project's viability and compliance with industry standards. Investors and stakeholders can find the latest updates on LGCXF in the company's newsroom at http://ibn.fm/LGCXF. Rocks & Stocks, a specialized communications platform, provides in-depth coverage of the mining industry, offering valuable insights and updates on companies like Lahontan Gold Corp.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold Expands Drilling at Santa Fe Mine with BLM Approval
