Core Insights - Lahontan Gold Corp. has mobilized a Super 90 track-mounted core drill rig to its flagship Santa Fe Mine Project in Nevada, which is part of the ongoing mine development program focusing on waste rock geochemical characterization and groundwater distribution for the permitting process [1][2] - The company aims to gather hydrologic and waste rock geochemical data to stay on track for commencing open pit mining and heap leach processing at Santa Fe in 2027 [2] - The Santa Fe Mine project has a historical production of 359,202 ounces of gold and 702,067 ounces of silver from 1988 to 1995, and currently has an Indicated Mineral Resource of 1,539,000 ounces of gold equivalent and an Inferred Mineral Resource of 411,000 ounces of gold equivalent [2] Company Overview - Lahontan Gold Corp. is a Canadian mine development and mineral exploration company with four gold and silver exploration properties in Nevada's Walker Lane [2] - The Santa Fe Mine project spans 28.3 km and is expected to advance towards production, with plans to update the Preliminary Economic Assessment and drill test the satellite West Santa Fe project in 2025 [2] Technical Disclosure - The technical disclosure has been reviewed and approved by Brian J. Maher, a Qualified Person under Canadian National Instrument 43-101, who has verified the data disclosed in the news release [3]
Lahontan Mobilizes Core Drill Rig to Santa Fe
Accessnewswire·2026-01-26 12:30