Curated News
By: NewsRamp Editorial Staff
October 14, 2026

Lahontan Gold's Santa Fe PEA Reveals $820M NPV, 40.1% IRR

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TLDR

  • Lahontan Gold's Santa Fe PEA shows 40.1% IRR and $820M NPV, offering a substantial competitive edge in Nevada gold development.
  • The Santa Fe PEA uses $3,600 gold and $49 silver prices to project $3.68B revenue and $1.32B after-tax cash flow over 11 years.
  • Lahontan Gold's Santa Fe project could boost Nevada's economy and support sustainable resource development for future generations.
  • Lahontan Gold's updated PEA reveals a fourteenfold NPV increase, highlighting the potential of its historic Santa Fe Mine.

Impact - Why it Matters

The staggering economic potential unveiled in Lahontan Gold's Santa Fe PEA underscores the immense value of domestic gold-silver mining at a time of elevated precious metal prices. With a fourteenfold increase in NPV from the previous assessment, the project could deliver substantial returns for investors and generate significant economic activity in Nevada, including job creation and tax revenues. Moreover, as the company advances toward permitting and production, it may reduce reliance on foreign sources for critical minerals, bolstering U.S. resource independence. For investors, the robust IRR and rapid payback period highlight a compelling opportunity in a Tier-1 jurisdiction, while the exploration upside at West Santa Fe offers additional growth potential. This news matters because it demonstrates how strategic development of high-grade, past-producing assets can thrive in the current commodity cycle, driving shareholder value and supporting local communities.

Summary

Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF) has announced standout results from a preliminary economic assessment (PEA) for its Santa Fe Mine gold-silver project in Nevada. The PEA outlines a post-tax net present value (NPV) at a 5% discount rate of $820 million and an internal rate of return (IRR) of 40.1%, based on gold prices of $3,600 per ounce and silver prices of $49 per ounce. The assessment projects $3.68 billion in life-of-mine revenue and $1.32 billion in after-tax net cash flow over an 11-year active mine life, followed by one year of residual leaching. Average annual production is estimated at approximately 91,900 gold-equivalent ounces, with initial capital costs of $172 million and a projected payback period of 3.7 years. At higher spot-price assumptions, the post-tax NPV increases to approximately $1.13 billion.

The updated assessment represents a more than fourteenfold increase in post-tax NPV compared with the company's 2024 PEA. Lahontan plans to use the mine plan and production schedule to inform its final Mine Plan of Operations submission to the U.S. Bureau of Land Management and expects to secure federal and state construction permits in 2027. The company also identified potential opportunities for resource expansion through additional exploration and evaluation of historic heap leach pads. The PEA remains preliminary, includes Inferred Mineral Resources, and does not establish economic viability or Mineral Reserves. To view the full press release, visit https://ibn.fm/QeKC5.

Lahontan Gold Corp. is a Canadian mine development and mineral exploration company with four top-tier gold and silver exploration properties in the Walker Lane of mining-friendly Nevada. Its flagship Santa Fe Mine project, covering 26.4 km2, had past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995. The project has 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, all pit constrained. The company plans to continue advancing the Santa Fe Mine project towards production, update the Santa Fe PEA, and drill test its satellite West Santa Fe project during 2025. For more information, visit www.lahontangoldcorp.com.

Source Statement

This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold's Santa Fe PEA Reveals $820M NPV, 40.1% IRR

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