Lahontan Gold Corp. (formerly 1246765 B.C. Ltd.) will commence trading on Canada’s TSX Venture Exchange under the symbol “LG”, from Wednesday 13 April 2022.
Lahontan has granted an aggregate of 3,950,000 options to purchase common shares of the company exercisable at a price of $0.45 per common share for a period of five years to directors, officers and consultants of the company.
The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant.
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/
