Lahontan Gold Corp (TSXV: LG | OTCQB: LGCXF | Frankfurt: Y2F) has secured approval from the US Bureau of Land Management (BLM) for additional drill sites at its Santa Fe Mine project in Nevada’s Walker Lane region. This amendment to the company’s Notice of Intent (NOI) permits drilling on unpatented lode mining claims located on BLM-administered federal lands.
The newly approved drill sites are strategically positioned in the Slab and York areas, where Lahontan aims to test extensions of known gold and silver resources. This development is part of Phase One of the company’s 2025 drilling programme at Santa Fe.
Kimberly Ann, CEO, and Executive Chair of Lahontan Gold Corp, expressed enthusiasm about the approval, noting that it allows the company to complete proposed drill holes efficiently, minimizing movement between holes on both patented and unpatented lode mining claims. She also mentioned that several drill holes have already been completed and samples submitted for geochemical analysis, with initial assay results expected in the coming weeks.
Santa Fe, Lahontan’s flagship project, has a history of significant gold and silver production. The company plans to continue advancing the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment, and drill test its satellite West Santa Fe project during 2025.
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