Lahontan Gold Corp. (TSXV: LG) has expanded its land holdings at the company’s flagship Santa Fe Project in Nevada, U.S., by staking 22 unpatented lode mining claims.
The new claims cover potential southern extensions to the high-grade BH Zone, as well as surface geochem and hydrothermal alteration anomalies. The company reports that they also cover small gaps between existing land holdings and adjacent claimants.
The new, unpatented lode mining claims mean Lahontan’s Santa Fe project now covers over 19km2 of Nevada’s prolific Walker Lane region.
Kimberly Ann, Lahontan Gold’s president & CEO, said, “The Walker Lane of Nevada is an incredibly competitive mining and exploration jurisdiction, and Lahontan wants to be very proactive when the opportunity to acquire new claims is available.
“A portion of our new claims cover geologic structures which extend southerly from the Santa Fe open pit and the BH Zone. The structures influence the distribution of hydrothermal alteration in outcrop and represent future exploration targets.
“Our team is gearing up for the resumption of drilling at Santa Fe and it’s important to complete these tasks before drilling commences.”
About Lahontan Gold
Lahontan Gold is a Canadian mineral exploration company that holds, through its U.S. subsidiaries, three top-tier gold and silver exploration properties in the Walker Lane of mining friendly Nevada.
Lahontan’s flagship property, the 18 km2 Santa Fe Project, is a past producing gold and silver mine with the potential to host significant gold and silver resources (past production of 345,000 ounces of gold and 710,000 ounces of silver between 1988 and 1992; Nevada Bureau of Mines and Geology, 1996).
Modelling of over 110,000 metres of historic drilling, geologic mapping, and geochemical sampling outline both shallow, oxidized gold and silver mineralization as well as deeper high grade potential resources.
The company plans an aggressive 25,000-metre drilling programme with the goal of publishing a National Instrument 43-101 (“NI 43-101”) compliant mineral resource estimate in 2022.
To find out more please visit: https://lahontangoldcorp.com/
