Curated News
By: NewsRamp Editorial Staff
November 13, 2025
Lahontan Gold Secures BLM Approval for Major Nevada Exploration Program
TLDR
- Lahontan Gold gains regulatory approval to expand Santa Fe Mine exploration, positioning the company to potentially increase its gold and silver resources ahead of competitors.
- The approved Exploration Plan permits drilling across 12.2 km² targeting 700+ holes to test geologic anomalies, historic intercepts, and untested zones beyond current resources.
- Advancing the Santa Fe Mine project creates economic opportunities through responsible mineral development while adhering to environmental assessment standards for sustainable resource extraction.
- The Santa Fe Mine previously produced over 359,000 ounces of gold and now targets new discoveries across multiple high-priority zones including the Pinnacles area.
Impact - Why it Matters
This regulatory approval represents a significant advancement in domestic mineral resource development at a time when gold prices remain strong and demand for precious metals continues to grow. For investors, it signals reduced regulatory risk and accelerated timeline toward potential production, which could substantially increase the company's valuation. For the mining industry, it demonstrates that responsible mineral exploration can proceed through proper environmental review processes, potentially setting a precedent for other projects in mining-friendly jurisdictions. The expanded drilling program could lead to substantial resource growth, contributing to domestic gold production and supporting local economies in Nevada while providing new investment opportunities in the precious metals sector.
Summary
Lahontan Gold Corp. has achieved a major regulatory milestone with the Bureau of Land Management's approval of its Exploration Plan of Operations for the Santa Fe Mine project in Nevada. This decision concludes the NEPA Environmental Assessment process and authorizes the company to proceed with a significantly expanded drilling and development program across a substantial 12.2 km² area. The approved plan permits more than 700 drill holes targeting new geologic and geochemical anomalies, historic high-grade intercepts, and multiple untested zones beyond current gold and silver resources, including high-priority targets such as the Pinnacles area and Guzzler zone.
The Santa Fe Mine project represents Lahontan Gold Corp.'s flagship property, a 26.4 km² site with impressive historical production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995. The project boasts substantial mineral resources with 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. The company, which trades as Lahontan Gold (TSXV: LG) (OTCQB: LGCXF), plans to continue advancing the Santa Fe Mine project toward production while updating the Preliminary Economic Assessment and drilling its satellite West Santa Fe project during 2025.
This regulatory approval represents a crucial step forward for the Canadian mine development company, which holds four top-tier gold and silver exploration properties in Nevada's Walker Lane region. The news was disseminated through the Investor Brand Network's Dynamic Brand Portfolio, including MiningNewsWire, which provides specialized communications for the global mining sector. The technical content was reviewed and approved by qualified geologist Michael Lindholm, ensuring compliance with industry standards, while investors can access additional information through the company's website and newsroom.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold Secures BLM Approval for Major Nevada Exploration Program
