Lahontan Gold Receives C$4.3 Million from Warrant and Option Exercises

Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) announced it has received C$4,316,948 from the exercise of warrants and stock options between July 4 and October 23, 2025. This significant capital infusion resulted in 334,420,221 common shares outstanding and represents a substantial financial milestone for the mineral exploration company. The proceeds will be directed toward funding exploration and mine development activities at the company's Nevada projects, particularly the Santa Fe and West Santa Fe sites located within the prolific Walker Lane gold belt.

Chief Executive Officer Kimberly Ann emphasized that the warrant and option exercises demonstrate strong shareholder confidence in Lahontan's strategic direction and operational capabilities. This financial backing leaves the company fully financed for its fall drilling programs while simultaneously tightening the share structure to position Lahontan for future growth opportunities. The timing of this capital injection is particularly important as the company advances its flagship Santa Fe Mine project toward production while continuing exploration activities across its portfolio of Nevada properties.

The Santa Fe Mine project represents a significant asset for Lahontan, with historical 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. According to the technical documentation available at https://RocksAndStocks.news, the property holds a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 ounces gold equivalent and an Inferred Mineral Resource of 411,000 ounces gold equivalent. These resources are pit-constrained and represent substantial value potential for the company and its shareholders.

The company's technical disclosure, reviewed and approved by independent consulting geologist Michael Lindholm, confirms the resource calculations align with the Technical Report dated January 24, 2025. For additional technical details and corporate information, investors can access the company's comprehensive disclosure through https://ibn.fm/mSt0q. The successful capital raise through warrant and option exercises underscores market confidence in Lahontan's ability to advance its Nevada projects while maintaining financial stability during critical exploration phases.