FAQ: Lahontan Gold Corp.'s Expanded Drilling Approval at Santa Fe Mine

What is the significance of Lahontan Gold Corp. receiving BLM approval for expanded drilling?

The approval allows Lahontan Gold Corp. to explore new drill sites on unpatented federal claims at its Santa Fe Mine project, potentially uncovering more gold and silver resources in the Slab and York zones.

Where is the Santa Fe Mine project located?

The Santa Fe Mine project is located in Nevada’s Walker Lane trend, a region known for its mining-friendly environment.

What are the known resources at the Santa Fe Mine project?

The Santa Fe Mine has an Indicated Mineral Resource of 1,539,000 oz Au Eq and an Inferred Mineral Resource of 411,000 oz Au Eq, with past production of 359,202 ounces of gold and 702,067 ounces of silver.

When is Phase One drilling expected to yield results?

Assays from several completed holes in Phase One drilling are expected in the coming weeks.

Who is the Qualified Person responsible for the technical content of the news release?

Michael Lindholm, CPG, Independent Consulting Geologist to Lahontan Gold Corp., is the Qualified Person who reviewed and approved the technical content.

How can investors stay updated on Lahontan Gold Corp.’s developments?

Investors can visit the company’s newsroom at http://ibn.fm/LGCXF for the latest news and updates.

What are Lahontan Gold Corp.’s plans for the Santa Fe Mine project?

The company plans to advance the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment, and drill test its satellite West Santa Fe project during 2025.

Where can I find more information about Lahontan Gold Corp.?

More information is available on the company’s website: www.lahontangoldcorp.com.