FAQ on Lahontan Gold Corp.'s Metallurgical Testing and Santa Fe Project Development
Summary
What is the purpose of Lahontan Gold Corp.’s metallurgical testing at Santa Fe?
The purpose is to enhance gold and silver recoveries in the mixed oxide-sulfide transition zone, which previously achieved only 49% gold recovery during the Preliminary Economic Assessment.
Why is the Santa Fe project important to Lahontan Gold Corp.?
The Santa Fe project is the backbone of Lahontan’s development strategy, with historically significant production and current resources estimated at over 1.5 million ounces gold equivalent in the indicated category.
How does Lahontan plan to improve recoveries at Santa Fe?
Lahontan is exploring new heap leaching methods, including reagents, that have shown dramatic increases in recoveries from transition material, with results anticipated later this year.
Who is leading the metallurgical testing at Santa Fe?
CEO and executive chair Kimberly Ann is leading the initiative, expressing excitement about the potential impact of improved recoveries on project economics.
When are the results of the metallurgical testing expected?
Results are anticipated later this year, with the company also refining metallurgical domain boundaries across the deposit.
Where is the Santa Fe project located?
The Santa Fe project is located in Nevada’s renowned Walker Lane, a region known for its gold and silver assets.
What are the implications of improving recoveries in the transition zone?
Improving recoveries could significantly enhance project economics and production forecasting, as substantial resources remain in the transition zone.
What other activities is Lahontan undertaking besides metallurgical testing?
Lahontan is preparing for an expanded 2025 drilling campaign aimed at resource growth and project optimization, including accessing additional high-priority drill sites at Slab and York.
How can I find more information about Lahontan Gold Corp.?
More information can be found on their website at Lahontan (TSX.V: LG) (OTCQB: LGCXF).
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