Curated News
By: NewsRamp Editorial Staff
October 27, 2025

Lahontan Gold Secures C$4.3M, Fully Funds Nevada Exploration

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Original Source

TLDR

  • Lahontan Gold secured C$4.3 million from warrant exercises, fully financing its fall drilling programs and tightening share structure for future growth advantage.
  • Lahontan Gold received C$4,316,948 from warrant exercises between July 4 and Oct 23, 2025, funding exploration at its Santa Fe and West Santa Fe Nevada projects.
  • Lahontan Gold's fully funded exploration programs advance responsible mining development in Nevada, creating economic opportunities while building on past production success.
  • Lahontan Gold's Santa Fe project previously produced 359,202 ounces of gold and now holds 1.5 million indicated ounces in Nevada's Walker Lane belt.

Impact - Why it Matters

This development matters because it signals strong market confidence in junior mining companies during a period of increasing gold demand and price volatility. The successful warrant exercise demonstrates investor belief in Lahontan's Nevada projects at a time when gold exploration is gaining momentum due to economic uncertainty and inflationary pressures. For investors, this represents a well-capitalized company with proven resources advancing toward production in one of the world's most mining-friendly jurisdictions. The tightened share structure and fully funded drilling programs suggest reduced dilution risk and accelerated timeline to potential production, making Lahontan an attractive opportunity in the precious metals sector. Additionally, the Walker Lane belt has historically produced significant gold discoveries, positioning this development within a proven geological trend with substantial upside potential.

Summary

Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) has successfully secured C$4,316,948 in funding through the exercise of warrants and stock options between July 4 and October 23, 2025, demonstrating strong investor confidence in the company's strategic direction. This significant capital infusion has resulted in 334,420,221 common shares outstanding and positions Lahontan fully financed for its upcoming fall drilling programs. CEO Kimberly Ann emphasized that this financial backing not only funds critical exploration and mine development activities but also tightens the company's share structure, creating a stronger foundation for future growth. The company's operations are centered in Nevada's prolific Walker Lane gold belt, with particular focus on the Santa Fe and West Santa Fe projects that represent the core of Lahontan's development strategy.

The Santa Fe Mine project stands as Lahontan's flagship property, spanning 26.4 km² with a rich history of past production totaling 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995. Current technical assessments reveal substantial mineral resources, including 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's technical disclosure, reviewed and approved by Qualified Person Michael Lindholm, CPG, confirms the project's robust potential. Lahontan's strategic roadmap includes advancing the Santa Fe Mine toward production, updating the Preliminary Economic Assessment, and conducting drill testing at the satellite West Santa Fe project throughout 2025, all supported by the recent financial boost from warrant and option exercises.

This news release was disseminated through the InvestorBrandNetwork platform, specifically via the Rocks & Stocks communications brand, which provides specialized mining industry insights as part of IBN's Dynamic Brand Portfolio. The distribution network offers comprehensive corporate communications solutions including wire distribution, editorial syndication to 5,000+ outlets, enhanced press release features, and social media distribution to millions of followers. Investors can access additional information through the company's official website at www.lahontangoldcorp.com and stay updated via the dedicated newsroom at http://ibn.fm/LGCXF, while Rocks & Stocks continues to deliver breaking news and actionable information to the investment community through its multi-channel platform.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold Secures C$4.3M, Fully Funds Nevada Exploration

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