Nevada’s Walker Lane: A Target Rich Environment
Stock Code:
TSXV:LG, OTCQB: LGCXF
Company Exposure:
Gold, Silver
Project Locations:
Nevada, USA
Lahontan Gold Corp. is a fully financed Canadian mine development and mineral exploration company that holds, through its US subsidiaries, four top-tier gold and silver exploration properties in the Walker Lane of mining friendly Nevada. Lahontan’s flagship property, the 26.4km2 Santa Fe Mine, had past production of 345Koz of gold and 711Koz of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing (Nevada Bureau of Mines and Geology, 1995). The Santa Fe Mine has Canadian National Instrument 43-101 compliant indicated mineral resource of 1,112,000oz Au Eq (grading 1.14g/t Au Eq) and an inferred mineral resource of 544,000oz Au Eq (grading 1.00g/t Au Eq), all pit constrained (Au Eq is inclusive of recovery, please see Santa Fe Project technical report*). The company continues to aggressively explore Santa Fe during 2023 and begin the process of evaluating development scenarios to bring the Santa Fe Mine back into production. Newly acquired West Santa Fe has the potential to add significant shallow oxide resources to compliment Santa Fe.
Value Proposition
Large Scale Gold Oxide Deposits in the Walker Lane
- TOP SHELF PROJECTS IN A “TIER 1” JURISDICTION
>>Multi-million ounce gold and silver district
>>Straight forward permitting - FOUR GOLD & SILVER ASSETS IN THE WALKER LANE
>>Santa Fe Mine
>>West Santa Fe Project
>>Moho Mine
>>Redlich Project - GREAT INFRASTRUCTURE
>>Year-round access, substation on site, water, adjacent to an operating mine - MANAGEMENT & BOARD – PROVEN TRACK RECORD
>>Significant exploration success as well as production
>>Strong support, Victoria Gold 34% stakeholder
>>Management ownership 10%