Curated News
By: NewsRamp Editorial Staff
January 23, 2026
Lahontan Gold Secures Key Permit, Launches Drilling in Nevada's Walker Lane
TLDR
- Lahontan Gold Corp. gains a strategic advantage by securing federal permits for West Santa Fe drilling, expanding its Nevada gold portfolio and accelerating resource development.
- Lahontan Gold Corp. obtained BLM permits for West Santa Fe, enabling reverse-circulation drilling to validate historic data and advance toward resource definition and economic studies.
- Lahontan Gold Corp.'s Nevada projects could boost local economies through responsible mining development, creating jobs and supporting infrastructure in mining-friendly regions.
- Lahontan Gold Corp. is drilling near its Santa Fe Mine in Nevada's Walker Lane, a world-renowned gold district with historic mining potential.
Impact - Why it Matters
This development matters because it represents a significant step forward for Lahontan Gold in a globally important mining jurisdiction. Nevada's Walker Lane district is renowned for its rich mineral deposits and favorable regulatory environment, making successful exploration there particularly valuable. For investors, the permit approval and commencement of drilling reduce regulatory uncertainty and move the company closer to defining a substantial resource, potentially increasing asset value. In the broader context of gold and silver markets, new discoveries in established mining regions like Nevada help secure future supply chains for these critical metals, which are essential for both investment portfolios and industrial applications. The company's progress also highlights the ongoing vitality of mineral exploration in North America, contributing to economic development and resource security.
Summary
Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF), a prominent Canadian mineral exploration company, has entered a transformative phase with the recent acquisition of a crucial permit from the Federal Bureau of Land Management for its West Santa Fe drill program in Nevada's Walker Lane district. This regulatory milestone grants the company access to unpatented lode mining claims on federal lands, located just 13 kilometers from its existing Santa Fe Mine project, opening a new vista of opportunities for resource expansion. Building on this achievement, Lahontan has now commenced a reverse-circulation drilling campaign at West Santa Fe, aimed at validating historic drill data and advancing the project toward a formal resource definition, while simultaneously positioning itself for an updated mineral resource estimate and future economic studies following the recent completion of drilling at the nearby Santa Fe Mine.
The company, which controls four gold and silver properties in Nevada through its U.S. subsidiaries, is focused on unlocking oxide gold and silver value from past-producing, infrastructure-rich projects in one of the world's most productive mining regions. With three properties 100%-owned and one controlled via a low-cost option to acquire full ownership, Lahontan has established a clear near-term path to production, leveraging the mining-friendly environment of Nevada. For more detailed information, investors and interested parties can visit the company's website at www.LahontanGoldCorp.com or access the latest news and updates relating to LGCXF in the company's newsroom at http://ibn.fm/LGCXF.
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Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Lahontan Gold Secures Key Permit, Launches Drilling in Nevada's Walker Lane
