Lahontan Gold Corp. (TSXV: LG | OTCQB: LGCXF) has filed on SEDAR an independent Technical Report and Mineral Resource Estimate titled “Santa Fe Project Technical Report,” effective 7 December 2022, and dated March 2023, for Lahontan’s Santa Fe Mine gold and silver project, Santa Fe District, Mineral County, Nevada.
Kimberly Ann founder, president, CEO, and director commented: “Lahontan is excited to have reached this important milestone in the company’s history with the filing of the Santa Fe Mine Technical Report. The Technical Report and Mineral Resource Estimate establish a benchmark in terms of contained gold and silver ounces at Santa Fe.
The Technical Report was prepared in accordance with National Instrument 43-101- Standards of Disclosure for Mineral Projects and supports the disclosure made by the company in its 17 January 2023, news release announcing the Mineral Resource Estimate. There are no material differences in the Technical Report from the information disclosed in the 17 January 2023 news release.
We view this benchmark as just the beginning: our focus going forward is to expand this maiden resource, with a focus on shallow oxide gold and silver mineralization, targeting an updated and expanded Mineral Resource Estimate and Preliminary Economic Assessment (“PEA”) soon. The Santa Fe Mine has the potential to be brought back into production quickly with a robust production profile, therefore we want to establish preliminary project economics as rapidly as possible”. Kimberley added.
To find out more, please visit www.lahontangold.com
