FAQ: Lahontan Gold Corp's C$4.3 Million Warrant and Option Exercises

What is the main announcement from Lahontan Gold Corp?

Lahontan Gold Corp announced it received C$4,316,948 from the exercise of warrants and stock options between July 4 and October 23, 2025, resulting in 334,420,221 common shares outstanding.

Why is this warrant and option exercise significant for the company?

The exercises demonstrate strong shareholder confidence and leave Lahontan fully financed for its fall drilling programs while tightening the company’s share structure for future growth, according to CEO Kimberly Ann.

How will the C$4.3 million in proceeds be used?

The proceeds will fund exploration and mine development at the company’s Nevada projects, including the Santa Fe and West Santa Fe sites in the Walker Lane gold belt.

What are Lahontan Gold’s key properties and their significance?

Lahontan holds four gold and silver exploration properties in Nevada’s Walker Lane, with its flagship 26.4 km² Santa Fe Mine project having past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988-1995.

What are the mineral 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, all pit constrained, with technical details available in the company’s Technical Report.

What are Lahontan’s plans for 2025?

The Company plans to continue advancing 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 detailed technical information?

For detailed technical information, please see the “Preliminary Economic Assessment, NI 43-101 Technical Report, Santa Fe Project” available on the Company’s website and SEDAR+.

How can I get more information about Lahontan Gold Corp?

For more information, please visit the company’s website at www.lahontangoldcorp.com or view the full press release at https://ibn.fm/mSt0q.