Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF), a Canadian mineral exploration company focused on gold and silver projects in Nevada's Walker Lane district, has commenced a reverse-circulation drilling campaign at its West Santa Fe project. This development follows the receipt of a permit from the Federal Bureau of Land Management, allowing access to unpatented lode mining claims on federal lands. The West Santa Fe site is located approximately 13 kilometers from Lahontan's Santa Fe Mine project, which recently completed drilling, positioning the company for an updated mineral resource estimate and future economic studies.
The drilling campaign at West Santa Fe aims to validate historic drill data and advance the project toward resource definition. According to a recent article, Lahontan Gold is entering a transformative phase after securing the BLM permit. The company controls four gold and silver properties in Nevada, three of which are 100%-owned and one controlled via a low-cost option to acquire full ownership. With a clear near-term path to production, Lahontan is focused on unlocking oxide gold and silver value from past-producing, infrastructure-rich projects.
Lahontan Gold is a top Canadian mineral exploration company advancing a portfolio of assets in Nevada's Walker Lane, one of the world's most productive and mining-friendly regions. The company's projects are characterized by significant historical production and existing infrastructure, which can potentially reduce development timelines and capital costs. The West Santa Fe drilling program represents a key step in expanding the company's resource base and moving toward production.
Investors can find more information about Lahontan Gold Corp. on the company's website at www.LahontanGoldCorp.com. For the latest news and updates relating to LGCXF, visit the company's newsroom at http://ibn.fm/LGCXF.
