Lahontan Gold Corp. (TSXV: LG | OTCQB: LGCXF | FSE: Y2F) has engaged RESPEC Company LLC and Kappes, Cassiday & Associates to update the Technical Report for the Santa Fe Mine Project in Nevada, including a new Mineral Resource Estimate and a revised Preliminary Economic Assessment. The updated MRE will incorporate all drilling completed since October 2024, alongside new metallurgical testwork, updated mining costs, and revised gold and silver price assumptions. RESPEC will use these datasets to develop new conceptual pit shells that will constrain the forthcoming resource estimate.
Once the updated MRE is finalised, expected in the coming months, Lahontan and its consultants will turn their focus to a revised PEA. The company anticipates the new assessment will be completed in Q2 2026 and will reflect the impacts of additional drilling, improved geological modelling, updated metallurgical results, and the current metal price environment.
Kimberly Ann, executive chair, president, CEO, and founder of Lahontan Gold, commented, “Lahontan is excited to begin the process of updating the Santa Fe Mine MRE and PEA. Not only do we have additional drilling to incorporate into the MRE, but also a revised and very detailed three-dimensional geologic model, which will greatly aid gold and silver grade interpolation. Combined with new metallurgical data and upward trending metal prices, we look forward to an updated MRE. The PEA process is vital to Lahontan as it creates an operational model that can be used to evaluate multiple mining scenarios over a range of metal prices that in turn, will provide key data, i.e. process plant throughput, waste rock tonnages, etc., that will be used in our mine permitting programme.”
The Santa Fe Mine Project remains Lahontan’s flagship asset in Nevada’s Walker Lane, where the company continues to advance toward development through expanded technical work and permitting activities.
To learn more about this, please visit https://lahontangoldcorp.com/
For more articles like this, please visit https://www.theassay.com/
Meet with Lahontan Gold at the upcoming 121 Mining Investment events:
For the Cape Town event on 09-10 February 2026, please register here: https://capetown.121mininginvestment.com/home
For the London Spring event on 11-12 May 2026, please register here: https://london.121mininginvestment.com/home
