Lahontan Gold Corp Advances Nevada Mining Portfolio with Strong Economic Potential

Lahontan Gold Corp, a Canadian mine development and exploration company, is advancing its portfolio of gold and silver assets in Nevada's Walker Lane region, controlling four properties with three fully owned and one under a low-cost option agreement for complete ownership. The company's flagship Santa Fe Mine contains 1.95 million ounces of pit-constrained gold equivalent resources across Indicated and Inferred categories, representing a substantial resource base in one of the world's top mining jurisdictions.

A 2025 Preliminary Economic Assessment for the Santa Fe project demonstrates compelling economics with an after-tax net present value of $200 million and an internal rate of return of 34.2% based on current spot pricing. These strong financial metrics highlight the project's potential viability and attractiveness to investors seeking exposure to precious metals development. Nevada's established mining infrastructure and regulatory framework provide a solid foundation for Lahontan's development efforts, reducing execution risks compared to projects in less-developed mining regions.

The company's strategic focus centers on responsibly unlocking oxide gold and silver value from past-producing, infrastructure-ready projects while minimizing capital intensity and maximizing economic returns. This approach leverages existing infrastructure and historical mining data to reduce development costs and accelerate project timelines. The leadership team brings extensive experience in advancing heap-leach gold operations and has demonstrated success in mergers and acquisitions, providing valuable expertise for navigating the complex mining development landscape.

Near-term catalysts include Santa Fe permitting progress, the West Santa Fe project's maiden drill program, and an upcoming updated economic study that could further enhance the project's valuation. These milestones represent critical junctures in the company's development timeline and could significantly impact shareholder value. By focusing on high-margin heap-leach operations and leveraging technical expertise, Lahontan aims to create substantial value for stakeholders while developing its mining portfolio in one of the most mining-friendly regions globally.

The company's position in Nevada's Walker Lane region, combined with its resource base and development strategy, positions it to potentially capitalize on growing demand for gold and silver resources amid ongoing global economic uncertainty and inflationary pressures. As precious metals continue to serve as important stores of value and industrial commodities, companies like Lahontan with advanced-stage projects in established mining jurisdictions represent attractive opportunities for investors seeking exposure to the mining sector.