Curated News
By: NewsRamp Editorial Staff
September 25, 2025

Lahontan Gold's Santa Fe Mine Advances with Key BLM Environmental Review

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Original Source

TLDR

  • Lahontan Gold's expedited NEPA review and funding agreement positions the company to rapidly advance its Santa Fe Mine Project, creating a competitive advantage in gold and silver resource expansion.
  • Lahontan Gold's Exploration Plan of Operations enters NEPA review with a completed draft Environmental Assessment, while a Contributed Funds Agreement supports additional BLM personnel for efficient processing.
  • Lahontan Gold's responsible mining approach through proper environmental review processes supports sustainable resource development that can benefit local economies and mineral supply chains.
  • Lahontan Gold plans to drill over 700 holes at its Santa Fe Mine Project, which previously produced 359,202 ounces of gold between 1988 and 1995.

Impact - Why it Matters

This development matters because it represents a critical step toward bringing a substantial gold and silver project into production in Nevada, one of the world's most mining-friendly jurisdictions. For investors, the advancement through environmental review reduces regulatory uncertainty and moves the project closer to potential production, which could significantly enhance shareholder value. The Santa Fe Mine's historical production and current resource base suggest substantial economic potential, particularly given current gold prices around $1,950/oz. For the mining industry, successful progression through NEPA review demonstrates that responsible mineral development can advance efficiently in the United States, potentially encouraging further investment in domestic critical minerals production. The project's advancement also has positive implications for local economies in Nevada through job creation and economic activity.

Summary

Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) has achieved a significant regulatory milestone as its Exploration Plan of Operations for the Santa Fe Mine Project enters National Environmental Policy Act review by the U.S. Bureau of Land Management. The company announced that the process is expected to move quickly since a draft Environmental Assessment is already completed, and they've further expedited the timeline by signing a Contributed Funds Agreement to provide additional funding for BLM personnel. CEO Kimberly Ann emphasized that this plan supports staged drilling of more than 700 holes, which could substantially enhance opportunities to expand gold and silver resources and future mining potential at the Nevada-based project.

The Santa Fe Mine project represents a substantial asset for Lahontan Gold Corp., with historical production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995. The property currently boasts impressive 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 company's strategic approach through the InvestorBrandNetwork involves leveraging advanced wire-grade press release syndication and comprehensive corporate communications solutions to maximize market awareness. The technical oversight by Qualified Person Michael Lindholm, CPG, ensures proper disclosure standards are maintained as the company advances toward production goals for 2025.

Lahontan Gold Corp. operates within the Dynamic Brand Portfolio framework of IBN, which provides extensive distribution capabilities including access to wire solutions, article syndication to over 5,000 outlets, enhanced press release features, and social media distribution to millions of followers. The company's progression through environmental review represents a critical step toward revitalizing the Santa Fe Mine's mining operations, with the technical report outlining substantial mineral resources constrained within pit designs using specific cut-off grades and metal price assumptions. This development phase positions Lahontan to potentially become a significant producer in Nevada's prolific Walker Lane mineral belt.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold's Santa Fe Mine Advances with Key BLM Environmental Review

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