Lahontan Gold Advances Nevada Flagship Project with Strategic Drill Campaign

Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) is advancing its flagship Santa Fe Mine project in Nevada through a strategic drill campaign that represents a shift in the company's operational focus. The company is organizing a reverse-circulation drill rig to conduct a program aimed at upgrading and expanding the project's shallow oxide reserve. This move indicates progress in Santa Fe's efforts toward mineral exploitation as Lahontan shifts from broad resource definition to more technical groundwork that precedes mine planning and permitting.

The current program consists of 25 drill holes totaling 4,000 meters with a focus on the York and Slab zones. These areas contain near-surface oxidation mineralization where previous drilling has shown extensive silver-gold potential. The reverse-circulation campaign is specifically designed to transform resources from the inferred to the indicated category while expanding the overall resource base. This technical advancement sets the company up for economic and engineering evaluation in 2026, creating a clear pathway toward production.

Lahontan Gold's position within Nevada's Walker Lane trend provides strategic advantages, as this region is recognized as one of the world's most productive and mining-friendly areas. The company's focus on unlocking oxide gold and silver value from past-producing, infrastructure-rich projects aligns with industry trends toward developing assets with existing infrastructure and favorable geology. The Santa Fe Mine project represents a significant opportunity within this context, particularly given the shallow nature of the oxide mineralization being targeted.

The strategic importance of this drill campaign extends beyond immediate resource expansion. By upgrading resources from inferred to indicated categories, Lahontan enhances the project's bankability and attractiveness to potential partners or financiers. This technical work represents a critical phase in mine development, bridging the gap between exploration success and eventual production. The company's approach demonstrates a methodical progression toward creating shareholder value through systematic project advancement.

For investors seeking additional information about Lahontan Gold Corp., the company maintains resources through its corporate communications channels. The latest news and updates relating to LGCXF are available through various financial information platforms that track mining sector developments. Industry observers can monitor the progress of this drill campaign as it unfolds throughout the coming months, with results expected to provide clearer insights into the Santa Fe Mine's economic potential and development timeline.