Lahontan Gold Corp. Receives BLM Approval for West Santa Fe Drill Program in Nevada

Lahontan Gold Corp. has received Federal Bureau of Land Management approval for its maiden drill program at the West Santa Fe project in Nevada's Walker Lane region. This authorization clears the company to validate historic drilling results and test extensions of the shallow, oxidized gold and silver system once its current Santa Fe Mine drilling operations are complete. The approval represents a significant regulatory milestone for the company's exploration activities in the mineral-rich Walker Lane corridor.

Concurrently with the BLM approval announcement, Lahontan granted 9 million options at $0.15 per share, exercisable for five years and subject to a standard four-month hold period. The company's corporate information and technical disclosures are available through their official website at https://www.lahontangoldcorp.com. The technical content of the company's disclosures has been reviewed and approved by Michael Lindholm, CPG, an independent consulting geologist who serves as a Qualified Person as defined in National Instrument 43-101 standards.

The Santa Fe Mine project, Lahontan's flagship property spanning 26.4 square kilometers, has a significant mining history with past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing methods. According to the company's technical report available through regulatory filings, the Santa Fe Mine contains a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 ounces of gold equivalent and an Inferred Mineral Resource of 411,000 ounces of gold equivalent, all pit constrained.

The company's strategic plan includes continuing to advance the Santa Fe Mine project toward production, updating the Santa Fe Preliminary Economic Assessment, and conducting drill testing at the satellite West Santa Fe project during 2025. The West Santa Fe project approval enables Lahontan to build upon the established mineral resources at the Santa Fe property, where mineral resources are reported using cut-off grades of 0.15 grams per tonne gold equivalent for oxide resources and 0.60 grams per tonne gold equivalent for non-oxide resources.

Investors seeking additional information about Lahontan Gold Corp. can access the latest news and updates through the company's newsroom at http://ibn.fm/LGCXF. The BLM approval for the West Santa Fe drill program represents a critical step in Lahontan's broader exploration strategy in Nevada's prolific Walker Lane mineral belt, known for its significant gold and silver deposits and mining-friendly jurisdiction.