Curated News
By: NewsRamp Editorial Staff
December 16, 2025
Lahontan Gold Launches Major Nevada Drilling Campaigns at Santa Fe Projects
TLDR
- Lahontan Gold Corp's drilling programs in Nevada could unlock significant gold and silver resources, potentially boosting the company's valuation and providing investors with early-mover advantages.
- Lahontan Gold Corp is using reverse-circulation drilling to twin historic holes and validate legacy data, supporting future mineral resource estimates and economic assessments.
- Responsible mineral development in Nevada could create local jobs, support regional economies, and contribute to sustainable resource extraction practices for future generations.
- Lahontan Gold is exploring Nevada's Walker Lane, where historic mining produced over 359,000 ounces of gold, using modern techniques to rediscover precious metals.
Impact - Why it Matters
This development matters because it represents significant progress in expanding gold and silver resources in Nevada's prolific Walker Lane region, an area known for its mineral wealth. For investors, the validation of historic data at West Santa Fe and resource expansion at Santa Fe Mine could substantially increase the company's asset value and move projects closer to production. In the current economic climate where gold serves as both an industrial commodity and a hedge against inflation, successful resource expansion in mining-friendly jurisdictions like Nevada creates tangible value. The planned 2026 preliminary economic assessment will provide crucial data on project economics, potentially positioning Lahontan Gold as a more attractive investment opportunity in the junior mining sector while contributing to domestic mineral supply chains.
Summary
Lahontan Gold Corp. (TSX.V: LG, OTCQB: LGCXF), a Canadian mine development and exploration company, has launched significant drilling initiatives at two key Nevada projects, marking a pivotal moment in its resource expansion strategy. The company has commenced its maiden drill program at the West Santa Fe project in Nevada's Walker Lane region, deploying a reverse-circulation drill rig to twin historic holes and validate a legacy database comprising 171 drill holes totaling over 13,000 meters completed between 1980 and 1995. This validation effort could support future mineral resource estimates, potentially unlocking new value from this satellite property adjacent to their flagship operation.
Simultaneously, Lahontan Gold has completed its ambitious 2025 Phase Two drilling program at the nearby Santa Fe Mine project, where twenty reverse-circulation drill holes targeted gold and silver resource expansion at depth and in step-out areas. This represents the largest annual drill campaign at Santa Fe since drilling began in 2021, supporting plans to update the mineral resource estimate and advance a preliminary economic assessment in 2026. The Santa Fe Mine project, spanning 26.4 km², boasts impressive historical production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995, with current NI 43-101 compliant resources including 1,539,000 ounces of gold equivalent in the Indicated category and 411,000 ounces in the Inferred category.
The technical content has been reviewed and approved by Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., who serves as a Qualified Person as defined in National Instrument 43-101. For investors seeking the latest updates, the company's newsroom at http://ibn.fm/LGCXF provides ongoing information. This news was disseminated through MiningNewsWire, a specialized communications platform within the Dynamic Brand Portfolio of IBN that focuses on developments in the Global Mining and Resources sectors, offering comprehensive distribution through InvestorWire and syndication to over 5,000 outlets. The full press release can be accessed at https://ibn.fm/cIBPe, while additional company information is available at www.lahontangoldcorp.com.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold Launches Major Nevada Drilling Campaigns at Santa Fe Projects
