FAQ: Lahontan Gold Corp.'s West Santa Fe Project Drilling Operations
Summary
Lahontan Gold Corp. has submitted a Notice of Operations to the U.S. Bureau of Land Management for an exploration drilling program at its West Santa Fe Project in Nevada. This represents the company's first drilling program at the project, aiming to validate historical data and expand gold and silver mineralization.
What is the main announcement from Lahontan Gold Corp.?
Lahontan Gold Corp. has submitted a Notice of Operations to the U.S. Bureau of Land Management for its planned exploration drilling program at the West Santa Fe Project, located 13 kilometers southwest of the company’s flagship Santa Fe Mine Project in Nevada.
Why is this drilling program significant for the company?
This represents the company’s first drilling program at the West Santa Fe Project, which will allow them to validate extensive historic drill hole data and expand the footprint of disseminated gold and silver mineralization, potentially advancing the project toward development.
What specific activities are covered by the Notice of Operations?
The Notice covers multiple drill sites, access roads, and drilling sumps for activities including twinning historic holes, drilling down-dip, and testing mineralization along strike at the West Santa Fe Project.
What historical work has been done at the West Santa Fe Project?
Historical work included 171 drill holes totaling over 13,000 meters that outlined shallow, oxidized gold and silver mineralization near the historic Mindora underground mine, providing a substantial database for validation.
Where is the West Santa Fe Project located?
The West Santa Fe Project is located in the Walker Lane of Nevada, approximately 13 kilometers southwest of Lahontan’s flagship Santa Fe Mine Project, in a mining-friendly jurisdiction.
When does Lahontan plan to conduct drilling at West Santa Fe?
The company plans to drill test its satellite West Santa Fe project during 2025, once the Notice of Operations receives approval from the Bureau of Land Management.
Who is leading Lahontan Gold Corp. and commented on this development?
Kimberly Ann, Lahontan’s Founder, Chair, CEO, and President, commented on the significance of validating historic data and expanding mineralization. The technical content was reviewed by Michael Lindholm, CPG, Independent Consulting Geologist.
What are Lahontan’s other key projects and resources?
Lahontan’s flagship Santa Fe Mine project has a Canadian NI 43-101 compliant 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 between 1988-1995.
Where can I find more information about Lahontan Gold Corp.?
For more information, visit the company’s website at www.lahontangoldcorp.com or view the full press release at https://ibn.fm/825hy for detailed technical information about their projects and operations.
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