Curated News
By: NewsRamp Editorial Staff
December 09, 2025
Lahontan Gold Launches Major Drill Program at Nevada's Santa Fe Mine
TLDR
- Lahontan Gold's 4,000-meter drill program at Santa Fe Mine could expand gold-silver resources, offering investors potential growth as the company advances toward 2026 mine planning.
- Lahontan Gold is conducting a 25-hole reverse-circulation drill program at its Santa Fe Mine to upgrade shallow oxide gold-silver resources from exploration to permitting stages.
- Lahontan Gold's systematic resource development at Santa Fe Mine supports responsible mineral extraction, contributing to economic stability and sustainable mining practices in Nevada.
- Lahontan Gold is using a track-mounted drill rig in Nevada's Walker Lane to explore near-surface gold-silver mineralization, showcasing modern mining exploration techniques.
Impact - Why it Matters
This development matters because successful resource expansion at the Santa Fe Mine could significantly increase Lahontan's asset value and move the project closer to production in a premier mining jurisdiction. For investors, positive drill results often catalyze stock appreciation in junior mining companies, while for the mining industry, new discoveries in established trends like Walker Lane reinforce Nevada's status as a global mining hub. The transition from exploration to mine planning represents a critical value inflection point that typically attracts increased institutional interest and potentially creates economic opportunities in the region through job creation and infrastructure development.
Summary
Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) has mobilized a track-mounted MDP-1500 reverse-circulation drill rig to its flagship Santa Fe Mine in Nevada's prolific Walker Lane trend, launching an ambitious 25-hole, 4,000-meter drill program. This strategic fall campaign focuses on expanding and upgrading shallow oxide gold and silver resources in the York and Slab zones, where previous drilling has revealed extensive mineralization potential. The company's shift from broad resource definition to technical groundwork marks a significant milestone in advancing the Santa Fe project toward mine planning, scheduling, and permitting for the coming year, with progress documented through the ibn.fm/2cvRQ link.
The drill program represents a critical step in Lahontan's long-term strategy to transform resources from exploration targets into economically viable reserves, accelerating the path toward potential mineral exploitation by 2026. This development is particularly noteworthy given Nevada's status as one of the world's premier mining jurisdictions and the Walker Lane trend's established history of significant gold discoveries. The company's efforts are supported by Rocks & Stocks, a specialized communications platform within the Dynamic Brand Portfolio at IBN that provides comprehensive distribution through InvestorWire and syndication to over 5,000 outlets, ensuring maximum visibility for this important development.
Investors can access the latest updates through the company's newsroom at ibn.fm/LGCXF, while those seeking more detailed analysis can Read More>> about this strategic advancement. The mobilization of drilling equipment and commencement of this targeted program demonstrates Lahontan's commitment to methodically advancing the Santa Fe Mine through systematic exploration and development phases, positioning the company for potential growth as it works to establish a clearer path toward production in one of North America's most mineral-rich regions.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold Launches Major Drill Program at Nevada's Santa Fe Mine
