Lahontan Gold Corp. Advances Nevada Exploration with West Santa Fe Drilling Program

Lahontan Gold Corp. has entered a transformative phase after securing the Federal Bureau of Land Management's permit for its West Santa Fe drill program. The site, located 13 km from Lahontan's Santa Fe Mine project, grants the company access to unpatented lode mining claims on federal lands, creating new opportunities. Building on this regulatory milestone, Lahontan has now commenced its reverse-circulation drilling campaign at West Santa Fe, aimed at validating historic drill data and advancing the project toward resource definition. Recent completion of drilling at the nearby Santa Fe Mine positions the company for an updated mineral resource estimate and future economic studies.

The company's progress in Nevada's Walker Lane district represents significant development for mineral exploration in one of the world's most productive mining regions. The West Santa Fe program specifically targets resource growth through systematic exploration of the property's potential. This drilling initiative follows the company's strategic focus on unlocking oxide gold and silver value from past-producing, infrastructure-rich projects. The timing of these developments coincides with increased investor interest in precious metals exploration companies with near-term production potential.

Lahontan Gold's advancement of multiple properties in Nevada demonstrates the company's commitment to building a substantial resource base in a mining-friendly jurisdiction. The company controls four gold and silver properties in Nevada through its U.S. subsidiaries, with three being 100%-owned and one controlled via a low-cost option to acquire full ownership. This portfolio approach allows for simultaneous advancement of multiple projects while managing exploration risk. The company's website at https://www.LahontanGoldCorp.com provides additional information about its property portfolio and corporate strategy.

The regulatory approval for West Santa Fe represents a critical step in the company's development timeline, as federal permitting can often present significant hurdles for mining exploration companies. Successfully navigating this process enables Lahontan to accelerate its exploration activities and potentially expand its resource base. The company's newsroom at http://ibn.fm/LGCXF contains ongoing updates about these developments and other corporate announcements. These exploration efforts come at a time when gold prices remain historically elevated, creating favorable conditions for companies advancing gold projects toward production.

Lahontan's focus on oxide gold and silver deposits in Nevada provides technical advantages, as these types of deposits typically require less complex processing methods compared to sulfide ores. This can lead to lower capital and operating costs for potential future mining operations. The company's location in the Walker Lane district places it within a well-established mining region with existing infrastructure, skilled labor, and supportive regulatory frameworks. These factors combine to create an environment conducive to efficient project advancement and potential value creation for shareholders.