Lahontan Gold Corp
LG.V · Mining
<p>Lahontan Gold Corp (LG) controls three gold and silver exploration projects in the heart of Nevada’s prolific Walker Lane.</p> <p>The flagship asset, the 100% owned 19.1 km<sup>2</sup> Santa Fe Project, is a past producing open-pit gold and silver mine; 375,000 ounces of gold and 710,000 ounces of silver were recovered from shallow oxide Carlin-style ore bodies. Historic drilling shows that extensive volumes of oxidized precious metal mineralization extends at depth and along strike from these open pits. Deeper drilling has identified “feeder” structures to the shallow oxide deposits with grades in excess of 10 gpt gold.</p> <p>LG believes the Santa Fe Project has the potential to host a multi-million ounce gold resource. LG has begun an integrated program of surface sampling, geologic mapping, magnetic surveys, reverse-circulation and core drilling. The goal of this program is to validate historic drill results and expand the footprint of known gold and silver mineralization, with the target of producing a maiden resource estimate for Santa Fe in 2022. Our other projects, the high-grade Moho Project and the Redlich Silver Project, are drill- ready and have the potential to add additional gold and silver resources.</p>